Shannon Ralston - Jun 3, 2024 Form 4 Insider Report for Kiromic Biopharma, Inc. (KRBP)

Role
10%+ Owner
Signature
/s/ Shannon Ralston
Stock symbol
KRBP
Transactions as of
Jun 3, 2024
Transactions value $
$2,000,000
Form type
4
Date filed
6/4/2024, 05:13 PM
Previous filing
May 22, 2024

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction KRBP $2,000,000 Senior Secured Convertible Note Purchase $2M $19.2M Jun 3, 2024 Common Stock 800K $2.50 see footnote F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The$2,000,000 Senior Secured Convertible Note bears interest at 25% and is subject to a 19.99% blocker.
F2 The Reporting Person beneficially owns an aggregate $19,239,703 principal amount Senior Secured Convertible Notes.
F3 Through S.hield Cap1tal Funding LLC.