Robert W. Duggan - 03 Jul 2024 Form 4 Insider Report for PULSE BIOSCIENCES, INC. (PLSE)

Role
Director, 10%+ Owner
Signature
/s/ Kenneth B. Stratton, as Attorney-in-Fact
Issuer symbol
PLSE
Transactions as of
03 Jul 2024
Net transactions value
$0
Form type
4
Filing time
09 Jul 2024, 09:16:24 UTC
Previous filing
24 Jun 2024
Next filing
13 Sep 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PLSE Common Stock Exercise of in-the-money or at-the-money derivative security +5,187,824 +14% 42,172,003 03 Jul 2024 Direct F1, F2
transaction PLSE Common Stock Exercise of in-the-money or at-the-money derivative security +69,020 +14% 561,089 03 Jul 2024 Affiliated Company 1 F1, F2, F3
transaction PLSE Common Stock Exercise of in-the-money or at-the-money derivative security +49,312 +14% 400,877 03 Jul 2024 Affiliated Company 2 F1, F2, F4

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 PLSE Warrant (right to buy) Purchase +2,593,912 2,593,912 03 Jul 2024 Common Stock 2,593,912 $11.00 Direct F1, F2
transaction PLSE Warrant (right to buy) Purchase +2,593,912 2,593,912 03 Jul 2024 Common Stock 2,593,912 $11.00 Direct F1, F2
transaction PLSE Warrant (right to buy) Purchase +34,510 34,510 03 Jul 2024 Common Stock 34,510 $11.00 Affiliated Company 1 F1, F2, F3
transaction PLSE Warrant (right to buy) Purchase +34,510 34,510 03 Jul 2024 Common Stock 34,510 $11.00 Affiliated Company 1 F1, F2, F3
transaction PLSE Warrant (right to buy) Purchase +24,656 24,656 03 Jul 2024 Common Stock 24,656 $11.00 Affiliated Company 2 F1, F2, F4
transaction PLSE Warrant (right to buy) Purchase +24,656 24,656 03 Jul 2024 Common Stock 24,656 $11.00 Affiliated Company 2 F1, F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person acquired the shares of common stock and the warrants pursuant to the exercise of subscription rights in connection with the Issuer's previously announced rights offering (the "Rights Offering"), as disclosed in the Registration Statement on Form S-3, as amended, and certain Current Reports on Form 8-K filed by the Issuer with the SEC.
F2 Pursuant to the terms of the Rights Offering, the Reporting Person purchased units at a price of $10.00 per unit, with each unit consisting of one share of common stock and two warrants each to purchase one half share of common stock at an exercise price of $11.00 per whole share. The warrants differ only in their redemption provisions.
F3 Shares and warrants are held by Genius 24C Inc., of which the Reporting Person is the sole shareholder.
F4 Shares and warrants are held by Blazon Corporation, of which the Reporting Person is the sole shareholder.