Tom Y. Lee - 16 Jun 2021 Form 4 Insider Report for PURE BIOSCIENCE, INC. (PURE)

Role
Chief Executive Officer, Director
Signature
/s/ Tom Lee
Issuer symbol
PURE
Transactions as of
16 Jun 2021
Net transactions value
+$15,515
Form type
4
Filing time
22 Jun 2021, 20:24:18 UTC
Next filing
22 Mar 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PURE Common Stock Purchase $15,515 +35,998 +0.77% $0.4310 4,732,366 16 Jun 2021 Direct F1
holding PURE Common Stock 13,401,951 16 Jun 2021 By Plum Investments, L.P. F2
holding PURE Common Stock 1,000,000 16 Jun 2021 By Kamika Shay Lee Trust Dated July 1, 2019 F3
holding PURE Common Stock 1,000,000 16 Jun 2021 By Karissa Shay Lee Trust Dated July 1, 2019 F3
holding PURE Common Stock 1,000,000 16 Jun 2021 By Tessa Melody Shin Trust Dated February 12, 2020 F3
holding PURE Common Stock 717,665 16 Jun 2021 By wife

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 PURE Stock Option (Right to Buy) Award $0 +150,000 $0.000000 150,000 18 Jun 2021 Common Stock 150,000 $0.4500 Direct F4
transaction PURE Stock Option (Right to Buy) Award $0 +200,000 $0.000000 200,000 18 Jun 2021 Common Stock 200,000 $0.4500 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction was executed in multiple purchases through a purchase order executed by a broker-dealer at prices ranging from $0.425 to $0.438. The price reported in this column reflects the weighted average sale price. The Reporting Person will provide upon request to the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
F2 Mr. Lee is the general partner of Plum Investments, L.P., and has ultimate voting and investment control over the shares held by Plum Investments, L.P.
F3 Mr. Lee is a trustee of the Kamika Shay Lee Trust Dated July 1, 2019, Karissa Shay Lee Trust Dated July 1, 2019 and Tessa Melody Shin Trust Dated February 12, 2020 and has voting and dispositive power with respect to these shares
F4 The option shares shall vest and become exercisable as follows: (i) 50% of the option will vest on the earlier of the date of the Issuer's annual meeting of stockholders held in 2022 or January 15, 2022 and (ii) 50% of the options will vest on the earlier of the date of the Issuer's annual meeting of stockholders held in 2023 or January 15, 2023.
F5 The option shares shall vest and become exercisable in four equal installments on September 18, 2021, December 18, 2021, March 18, 2022 and June 18, 2022.