Ebrahim Versi - 15 Sep 2023 Form 4 Insider Report for DMK PHARMACEUTICALS Corp

Role: CEO, Director
Signature: /s/ David J. Marguglio, as Attorney-in-Fact for Ebrahim Versi
Issuer symbol: N/A
Transactions as of: 15 Sep 2023
Net transactions value: $0
Form type: 4
Filing time: 19 Sep 2023, 17:17:24 UTC
Previous filing: 30 May 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ADMP	Common Stock	Conversion of derivative security	$0	+729,200	+412%	$0.000000	906,394	15 Sep 2023	By Versi Group LLC	F1, F2
holding	ADMP	Common Stock						8,745	15 Sep 2023	Direct

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	ADMP	Series E Convertible Preferred Stock	Conversion of derivative security	$0	-729	-38%	$0.000000	1,212	15 Sep 2023	Common Stock	729,200		By Versi Group LLC	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On September 15, 2023, Versi Group, LLC converted 729.2 shares of Series E Convertible Preferred Stock ("Series E Preferred") into 729,200 shares of Common Stock, pursuant to the terms of the Series E Preferred. Each share of Series E Preferred is convertible into 1,000 shares of Common Stock at the election of the reporting person, subject to certain beneficial ownership limitations. The Series E Preferred has no expiration date.
F2	The reported shares are owned directly by Versi Group, LLC, of which the reporting person is the manager and a member. The reporting person disclaims beneficial ownership of the reported securities, except to the extent of his pecuniary interests therein.

Content

On September 15, 2023, Versi Group, LLC converted 729.2 shares of Series E Convertible Preferred Stock ("Series E Preferred") into 729,200 shares of Common Stock, pursuant to the terms of the Series E Preferred. Each share of Series E Preferred is convertible into 1,000 shares of Common Stock at the election of the reporting person, subject to certain beneficial ownership limitations. The Series E Preferred has no expiration date.

The reported shares are owned directly by Versi Group, LLC, of which the reporting person is the manager and a member. The reporting person disclaims beneficial ownership of the reported securities, except to the extent of his pecuniary interests therein.