Mahkam Zanganeh - 03 Jul 2024 Form 4 Insider Report for PULSE BIOSCIENCES, INC. (PLSE)

Role
Director
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, 09:20:42 UTC
Previous filing
24 Jun 2024
Next filing
13 Aug 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 +60,242 +10% 665,153 03 Jul 2024 Direct F1, F2
holding PLSE Common Stock 27,000 03 Jul 2024 Immediate Family Member 1
holding PLSE Common Stock 14,000 03 Jul 2024 Immediate Family Member 2
holding PLSE Common Stock 107,074 03 Jul 2024 Immediate Family Member 3

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 +30,121 30,121 03 Jul 2024 Common Stock 30,121 $11.00 Direct F1, F2
transaction PLSE Warrant (right to buy) Purchase +30,121 30,121 03 Jul 2024 Common Stock 30,121 $11.00 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The 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.