GeoVax Labs Inc (GOVX)

[Trend-Setter]

GOVX's Executive stock ownership:

ROBERT McNALLY, President & CEO --- 29,850 shares (Direct)
12,355 shares (Indirect)

MARK REYNOLDS, CFO --------------- 66,000 shares

FARSHAD GUIRAKHOO, CSO ------------ZERO share


No wonder they don't care giving away shares at deep discount @ 0.015 a piece!

Series C Convertible Preferred Stock

As of September 30, 2017, there are 2,690 shares of our Series C Convertible Preferred Stock (“Series C Preferred Stock”) outstanding. The Series C Preferred Stock may be converted at any time at the option of the holder into shares of our common stock at a conversion price of $0.015 per share, or 179,349,733 shares. In May 2017, in connection with the issuance of our Series D Convertible Preferred Stock discussed below, the conversion price of our Series C Preferred Stock was automatically reduced from $0.05 per share to $0.015 per share. During the nine months ended September 30, 2017, we issued an aggregate of 11,862,000 shares of our common stock related to conversion of 178 shares our Series C Preferred Stock.

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