Michael Abrams - Aug 31, 2023 Form 4 Insider Report for Arch Therapeutics, Inc. (ARTH)

Signature
/s/ Michael Abrams
Stock symbol
ARTH
Transactions as of
Aug 31, 2023
Transactions value $
$2,830
Form type
4
Date filed
9/8/2023, 05:47 PM
Previous filing
Nov 10, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ARTH Common Stock Purchase $2.83K +10.3K $0.28* 10.3K Aug 31, 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 ARTH Warrants (right to buy) Award +20.6K 20.6K Aug 31, 2023 Common Stock 20.6K $1.00 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The warrants are exercisable after the earlier of (A) the six-month anniversary after the date of issuance and (B) the date that a registration statement registering the shares underlying the warrants is declared effective.
F2 The warrants were sold as part of a unit with the shares of common stock reported in Table I, at a price of $0.275 per share of common stock and accompanying warrant to purchase two shares of common stock.