Filing Details
- Accession Number:
- 0001437749-20-012378
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2020-06-03 20:00:40
- Reporting Period:
- 2019-01-17
- Accepted Time:
- 2020-06-03 20:00:40
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
834365 | Biolife Solutions Inc | BLFS | Electromedical & Electrotherapeutic Apparatus (3845) | 943076866 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1273547 | Thomas Girschweiler | C/O Biolife Solutions, Inc. 3303 Monte Villa Parkway, Suite 310 Bothell WA 98021 | Yes | No | Yes | No | |
1603397 | Gmbh Taurus4757 | Roosstrasse 53 Ch-8832 Wollerau Zurich V8 CH-8057 | No | No | Yes | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock | Acquisiton | 2019-01-17 | 10,714 | $1.26 | 1,535,391 | No | 4 | M | Indirect | By Taurus4757 GmbH |
Common Stock | Disposition | 2019-10-04 | 162,760 | $15.36 | 1,372,631 | No | 4 | S | Indirect | By Taurus4757 GmbH |
Common Stock | Acquisiton | 2020-05-13 | 1,544,194 | $4.75 | 2,916,825 | No | 4 | X | Indirect | By Taurus4757 GmbH |
Common Stock | Disposition | 2020-05-13 | 492,277 | $14.90 | 2,424,548 | No | 4 | S | Indirect | By Taurus4757 GmbH |
Common Stock | Disposition | 2020-05-22 | 476,191 | $10.50 | 1,948,357 | No | 4 | S | Indirect | By Taurus4757 GmbH |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | M | Indirect | By Taurus4757 GmbH |
No | 4 | S | Indirect | By Taurus4757 GmbH |
No | 4 | X | Indirect | By Taurus4757 GmbH |
No | 4 | S | Indirect | By Taurus4757 GmbH |
No | 4 | S | Indirect | By Taurus4757 GmbH |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Stock | Stock Option (Right to Buy) | Disposition | 2019-01-17 | 10,714 | $0.00 | 10,714 | $1.26 |
Common Stock | Warrants (Right to Buy) | Disposition | 2020-05-13 | 1,544,194 | $0.00 | 1,544,194 | $4.75 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
0 | 2010-02-27 | 2019-02-26 | No | 4 | M | Direct |
0 | 2014-03-25 | 2021-03-25 | No | 4 | X | Indirect |
Footnotes
- The shares of common stock, par value $0.001 per share (the "Common Stock") were issued to Taurus457 GmbH ("Taurus"), an entity wholly owned by Thomas Girschweiler (together with Taurus, the "reporting person") a director and 10% shareholder of Biolife Solutions, Inc. (the "Company"), upon exercise of the warrants held by the reporting person.
- On May 13, 2020, the reporting person exercised an in-the-money warrant to purchase 1,544,194 shares of Common Stock of the Company for $4.75 per share pursuant to Rule 16b-6 under the Securities Exchange Act of 1934, as amended. The reporting person exercised the warrant on a cashless basis pursuant to the terms of the warrant, resulting in the Company's withholding of 492,277 of the warrant shares to pay the exercise price and issuing to the reporting person the remaining 1,051,197 shares.
- The warrants were issued to Taurus in March 2014 in connection with conversion of outstanding promissory notes and interest accrued thereon for units consisting of common stock and warrants.