James W. Newman Jr. - Dec 30, 2021 Form 4 Insider Report for ADIAL PHARMACEUTICALS, INC. (ADIL)

Role
Director
Signature
/s/ James W. Newman
Stock symbol
ADIL
Transactions as of
Dec 30, 2021
Transactions value $
$67,300
Form type
4
Date filed
1/3/2022, 09:39 AM
Previous filing
Nov 30, 2021
Next filing
Feb 25, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADIL Common Stock Purchase $26.6K +10K +100% $2.66 20K Dec 30, 2021 Direct F1
transaction ADIL Common Stock Purchase $13.6K +5K +11.06% $2.72 50.2K Dec 30, 2021 Ivy Cottage Group, LLC F5
transaction ADIL Common Stock Purchase $27.1K +10K +40.58% $2.71 34.6K Dec 30, 2021 Roth IRA FBO James W Newman, Jr. F6, F8
holding ADIL Common Stock 34.5K Dec 30, 2021 Roundtop Limited Partnership, LLP F2
holding ADIL Common Stock 41.2K Dec 30, 2021 Newman GST Trust FBO James W. Newman Jr. F3
holding ADIL Common Stock 153K Dec 30, 2021 Virga Ventures, LLC F4
holding ADIL Common Stock 5K Dec 30, 2021 Courtney Newman F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in column 4 is a weighted average price. The shares were sold in multiple transaction at prices ranging from $2.628 to $2.68, inclusive. The reporting person undertakes to provide Adial Pharmaceuticals, Inc., any security holder of Adial Pharmaceuticals, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (1) and (6) of this Form 4.
F2 James W. Newman is the general partner of Roundtop Limited Partnership, LLP.
F3 James W. Newman is the trustee of the Newman GST Trust FBO James W. Neman Jr.
F4 James W. Newman is the sole member of Virga Ventures, LLC.
F5 James W. Newman is the general partner of Ivy Cottage Group, LLC.
F6 The price reported in column 4 is a weighted average price. The shares were sold in multiple transaction at prices ranging from $2.655 to $2.72, inclusive.
F7 James W. Newman is the beneficiary of this Roth IRA.
F8 Courtney Newman is the daughter of James W. Newman, Jr.