Manchester Management Co Llc - Nov 20, 2018 Form 4/A - Amendment Insider Report for Modular Medical, Inc. (MODD)

Role
10%+ Owner
Signature
Manchester Management Company, LLC By: /s/ James E. Besser, Managing Member
Stock symbol
MODD
Transactions as of
Nov 20, 2018
Transactions value $
$1,620,000
Form type
4/A - Amendment
Date filed
10/29/2021, 06:32 PM
Date Of Original Report
Nov 20, 2018
Next filing
Oct 29, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MODD Common Stock, par value $0.001 per share Purchase $200K +88.9K +49.16% $2.25* 270K Nov 20, 2018 Direct F1
transaction MODD Common Stock, par value $0.001 per share Purchase $1.06M +471K +10.36% $2.25* 5.02M Nov 20, 2018 See footnote F3
transaction MODD Common Stock, par value $0.001 per share Purchase $360K +160K +21.12% $2.25* 918K Nov 20, 2018 See footnote F4
holding MODD Common Stock, par value $0.001 per share 181K Nov 20, 2018 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported securities are directly owned by James E. Besser in his personal capacity.
F2 The reported securities are directly owned by Morgan C. Frank in his personal capacity.
F3 The reported securities are owned directly by Manchester Explorer, L.P. ("Explorer") and may be deemed to be indirectly beneficially owned by (i) Manchester Management Company, LLC ("Manchester Management"), the general partner of Explorer, (ii) Manchester Management PR, LLC ("Manchester PR"), the investment adviser to Manchester Management, (iii) James E. Besser, the managing member of Manchester Management and Manchester PR, and (iv) Morgan Frank, who serves as a portfolio manager and as a consultant for Explorer. The Reporting Persons disclaim beneficial ownership of the reported securities except to the extent of their pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Persons are the beneficial owners of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
F4 The reported securities are owned directly by JEB Partners, L.P. ("JEB Partners") and may be deemed to be indirectly beneficially owned by (i) Manchester Management, the general partner of JEB Partners, (ii) Manchester PR, the investment adviser to Manchester Management, and (iii) James E. Besser, the managing member of Manchester Management and Manchester PR. The Reporting Persons disclaim beneficial ownership of the reported securities except to the extent of their pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Persons are the beneficial owners of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.

Remarks:

The original Form 4 is being amended to update the beneficial ownership information reported therein and to include Manchester PR as a reporting person.