Robert W. Duggan - Jul 3, 2024 Form 4 Insider Report for PULSE BIOSCIENCES, INC. (PLSE)

Role
Director, 10%+ Owner
Signature
/s/ Kenneth B. Stratton, as Attorney-in-Fact
Stock symbol
PLSE
Transactions as of
Jul 3, 2024
Transactions value $
$0
Form type
4
Date filed
7/9/2024, 09:16 AM
Previous filing
Jun 24, 2024

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 +5.19M +14.03% 42.2M Jul 3, 2024 Direct F1, F2
transaction PLSE Common Stock Exercise of in-the-money or at-the-money derivative security +69K +14.03% 561K Jul 3, 2024 Affiliated Company 1 F1, F2, F3
transaction PLSE Common Stock Exercise of in-the-money or at-the-money derivative security +49.3K +14.03% 401K Jul 3, 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 +2.59M 2.59M Jul 3, 2024 Common Stock 2.59M $11.00 Direct F1, F2
transaction PLSE Warrant (right to buy) Purchase +2.59M 2.59M Jul 3, 2024 Common Stock 2.59M $11.00 Direct F1, F2
transaction PLSE Warrant (right to buy) Purchase +34.5K 34.5K Jul 3, 2024 Common Stock 34.5K $11.00 Affiliated Company 1 F1, F2, F3
transaction PLSE Warrant (right to buy) Purchase +34.5K 34.5K Jul 3, 2024 Common Stock 34.5K $11.00 Affiliated Company 1 F1, F2, F3
transaction PLSE Warrant (right to buy) Purchase +24.7K 24.7K Jul 3, 2024 Common Stock 24.7K $11.00 Affiliated Company 2 F1, F2, F4
transaction PLSE Warrant (right to buy) Purchase +24.7K 24.7K Jul 3, 2024 Common Stock 24.7K $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.