Ebrahim Versi - Sep 15, 2023 Form 4 Insider Report for DMK PHARMACEUTICALS Corp (ADMP)

Role: CEO, Director
Signature: /s/ David J. Marguglio, as Attorney-in-Fact for Ebrahim Versi
Stock symbol: ADMP
Transactions as of: Sep 15, 2023
Transactions value $: $0
Form type: 4
Date filed: 9/19/2023, 05:17 PM
Previous filing: May 30, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ADMP	Common Stock	Conversion of derivative security	$0	+729K	+411.53%	$0.00	906K	Sep 15, 2023	By Versi Group LLC	F1, F2
holding	ADMP	Common Stock						8.75K	Sep 15, 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	-37.56%	$0.00	1.21K	Sep 15, 2023	Common Stock	729K		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.