Xiaochun Xu - Jun 28, 2022 Form 4 Insider Report for ThermoGenesis Holdings, Inc. (THMO)

Signature
/s/ Xiaochun Xu
Stock symbol
THMO
Transactions as of
Jun 28, 2022
Transactions value $
$0
Form type
4
Date filed
6/30/2022, 05:03 PM
Previous filing
Jun 1, 2021
Next filing
Oct 2, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction THMO Common Stock Conversion of derivative security $3M +10.6M +610.36% $0.28 12.3M Jun 28, 2022 Held by Boyalife Asset Holding II, Inc. F1

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 THMO Second Amended and Restated Convertible Note Conversion of derivative security -$3M $7.7M Jun 28, 2022 Common Stock 10.6M $0.28 Held by Boyalife Asset Holding II, Inc. F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On June 28, 2022, Boyalife Asset Holding II, Inc. converted an aggregate of $3,000,000 of outstanding principal and interest under a Second Amended and Restated Convertible Promissory Note issued by Issuer in April 2018. After giving effect to the conversion, as of the date of this Form 4, there was $7,000,000 in principal and approximately $700,000 in accrued interest outstanding under the Convertible Promissory Note, all of which is convertible at a current conversion price of $0.2843 per share, subject to downward adjustment in the event that the Issuer issues shares of common stock at a lower price. Boyalife Asset Holding II, Inc. is 100% owned by Boyalife Group, Inc., which is 100% owned by Dr. Xiaochun Xu.