Ramtin Agah - 30 Aug 2021 Form 4 Insider Report for RenovoRx, Inc. (RNXT)

Signature
/s/ Ramtin Agah MD
Issuer symbol
RNXT
Transactions as of
30 Aug 2021
Net transactions value
$0
Form type
4
Filing time
17 Jun 2022, 16:06:13 UTC
Previous filing
17 Jun 2022
Next filing
04 Oct 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RNXT Common Stock Conversion of derivative security +1,295 +0.13% 976,295 30 Aug 2021 Direct 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 RNXT Convertible Notes Conversion of derivative security $0 -1,295 -100% $0.000000* 0 30 Aug 2021 Common Stock 1,295 Direct F1
transaction RNXT Warrants (right to buy) Conversion of derivative security $0 +1,295 $0.000000 1,295 30 Aug 2021 Common Stock 1,295 $10.80 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Upon the closing of the Issuer's initial public offering, each Convertible Note, plus accrued interest, automatically converted into (i) one share of common stock and (ii) one five-year warrant to purchase one share of common stock at an exercise price equal to $10.80 per share.
F2 The shares of Common Stock underlying the warrant are immediately exercisable.