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Wednesday, May 22, 2019 10:47:08 PM
As I read the current SEC Form 4 forms (and I could be wrong and, if so, someone please correct me):
Director Michael Klump tendered about 5.34 million warrants that had exercise prices of between $0.30 and $1.35, and expired between 2021 and 2023.
Klump and his company, Argonne Trading, now own over 12 million shares of Cytodyn stoick.
Director David Welch tendered about 1.65 million warrants that had an exercise price of $0.75, and expired between 2021 and 2023.
Welch and his company, LFRA, LLC, now own over 3 million shares of Cytodyn stock.
Director Jordan Navdenov has no warrants to tender (as he owns only stock options), but owns over 5.3 million shares of Cytodyn stock.
Director Scott Kelly has no warrants to tender (as he owns only stock options), but owns over 1.24 million shares of Cytodyn stock.
Director Carl Dockery has no warrants to tender (as he owns only stock options), but owns over 7.57 million shares of Cytodyn stock.
CEO Nader Pourhassan has no warrants to tender (as he owns only stock options), and (together with his wife) owns 177,239 shares of Cytodyn stock.
I find it encouraging that two directors tendered 7 million warrants, on the same terms as are being offered to the Paulson investors.
I find it even more encouraging that the directors as a whole have a huge amount of skin in the game.
LM
Recent CYDY News
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- Form SC TO-I - Tender offer statement by Issuer • Edgar (US Regulatory) • 06/03/2024 09:10:56 PM
- Form 424B3 - Prospectus [Rule 424(b)(3)] • Edgar (US Regulatory) • 05/06/2024 09:17:30 PM
- Form 424B3 - Prospectus [Rule 424(b)(3)] • Edgar (US Regulatory) • 05/06/2024 09:16:24 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/06/2024 09:09:58 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/09/2024 02:30:20 AM
- Form 424B3 - Prospectus [Rule 424(b)(3)] • Edgar (US Regulatory) • 03/01/2024 10:16:47 PM
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- Form EFFECT - Notice of Effectiveness • Edgar (US Regulatory) • 02/22/2024 05:15:08 AM
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 02/16/2024 02:00:24 AM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 02/12/2024 10:31:57 PM
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- Form 8-K - Current report • Edgar (US Regulatory) • 01/29/2024 01:40:14 PM
- Form 424B3 - Prospectus [Rule 424(b)(3)] • Edgar (US Regulatory) • 01/19/2024 10:15:35 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 01/16/2024 10:16:04 PM
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