Shannon Ralston - 03 Jun 2024 Form 4 Insider Report for Kiromic Biopharma, Inc. (KRBPQ)

Role
10%+ Owner
Signature
/s/ Shannon Ralston
Issuer symbol
KRBPQ
Transactions as of
03 Jun 2024
Net transactions value
+$2,000,000
Form type
4
Filing time
04 Jun 2024, 17:13:41 UTC
Previous filing
22 May 2024
SEC
View on sec.gov

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 $2,000,000 $19,239,703 03 Jun 2024 Common Stock 800,000 $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.