RE:RE:These slimes have taken great care to drive the sp downstockbuphoon
On SEDI, there were 3 transactions (on June 4), filed on June 10, under Simon Best.
The first two were to do with
Grant of option (nature of transaction,
code 50):
+15,846,200 @0.036
+1,622,620 @0.036
Both these options have the same expiry date of 2019-06-04
The third one had
code 97 (other) -1,622,620 @0.300
This one has a different expiry date of 2019-01-24
I believe that this third one was the one in question.
According to SEDI
Nature of Transaction Codes document here (please click) | 10 | Acquisition or disposition in the public market |
| 11 | Acquisition or disposition carried out privately |
Therefore, it's doubtful, imo, this 1.6M option were sold at 30 cents either in the public market or privately. It looks more like that these 1.6M options that has a higher excercise price (0.30) were 'transac' into 15,846,200 options with a lower excersise price (0.036), as they apprear to have the exactly
the same 'Closing balance or value of underlying security' of 17,782,204.
Hope that this is clear. CC
| Insider name: | BEST, SIMON GEOFFREY | |
| Legend: | O - Original transaction, A - First amendment to transaction, A' - Second amendment to transaction, AP - Amendment to paper filing, etc. | |
| | Insider's Relationship to Issuer: 1 - Issuer, 2 - Subsidiary of Issuer, 3 - 10% Security Holder of Issuer, 4 - Director of Issuer, 5 - Senior Officer of Issuer, 6 - Director or Senior Officer of 10% Security Holder, 7 - Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6), 8 - Deemed Insider - 6 Months before becoming Insider. | |
| Warning: | The closing balance of the " equivalent number or value of underlying securities" reflects the" total number or value of underlying securities" to which the derivative contracts held by the insider relate. This disclosure does not mean and should not be taken to indicate that the underlying securities have, in fact, been acquired or disposed of by the insider. | |
| Transaction ID | Date of transaction
YYYY-MM-DD | Date of filing
YYYY-MM-DD | Ownership type (and registered holder, if applicable) | Nature of transaction | Number or value acquired or disposed of | Unit price or exercise price | Closing balance | Insider's calculated balance | Conversion
or exercise
price | Date of expiry or maturity
YYYY-MM-DD | Underlying security designation | Equivalent number or value of underlying securities acquired or disposed of | Closing balance of equivalent number or value of underlying securities | |
| Issuer name: | Prometic Life Sciences Inc. | |
| Insider's Relationship to Issuer: | 4 - Director of Issuer | |
| Ceased to be Insider: | Not applicable | |
| Security designation: | Options (Common Shares) | |
| | | | | 3379878 | 2019-06-04 | 2019-06-07 | Direct Ownership : | 50 - Grant of options | +15,846,200 | 0.0360 | | 17,782,204 | | | | 2029-06-04 | Common Shares | +15,846,200 | 17,782,204 | |
| | | | | 3379883 | 2019-06-04 | 2019-06-07 | Direct Ownership : | 50 - Grant of options | +1,622,620 | 0.0360 | | 19,404,824 | | | | 2029-06-04 | Common Shares | +1,622,620 | 19,404,824 | |
| | | | | 3380489 | 2019-06-04 | 2019-06-10 | Direct Ownership : | 97 - Other | -1,622,620 | 0.3000 | | 17,782,204 | | | | 2029-01-24 | Common Shares | -1,622,620 | 17,782,204 | |