Filing Details
- Accession Number:
- 0001415889-22-012348
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2022-12-09 17:21:07
- Reporting Period:
- 2022-12-07
- Accepted Time:
- 2022-12-09 17:21:07
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1563665 | Biostage Inc. | BSTG | Surgical & Medical Instruments & Apparatus (3841) | 455210462 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1743047 | Hong Yu | C/O Biostage, Inc. 84 October Hill Road, Suite 11 Holliston MA 01746 | President | No | No | No | 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 | 2022-12-07 | 300,000 | $2.00 | 306,135 | No | 4 | X | Indirect | The spouse of the reporting person |
| Common Stock | Disposition | 2022-12-07 | 83,676 | $7.17 | 222,459 | No | 4 | S | Indirect | The spouse of the reporting person |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | X | Indirect | The spouse of the reporting person |
| No | 4 | S | Indirect | The spouse of the reporting person |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Warrants (right to buy) | Disposition | 2022-12-07 | 300,000 | $0.00 | 300,000 | $2.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2017-12-27 | 2022-12-27 | No | 4 | X | Indirect |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock | 44,520 | Direct |
Footnotes
- On December 7, 2022, the Spouse of the Reporting Person exercised a warrant to purchase 300,000 shares of common stock for $2 per share. The Spouse of the Reporting Person paid the exercise price on a cashless basis, resulting in Biostage's withholding of 83,676 shares to pay the exercise price based on the daily VWAP of $7.1706, and issuing the remaining 216,324 shares of common stock.
Billionaire Hedge Funds
