Daron Evans - 24 May 2021 Form 4 Insider Report for NEPHROS INC (NEPH)

Reporting relationship: CEO of Specialty Renal Product
Issuer ticker: NEPH
Reported as of: 24 May 2021
Net transaction value: +$5,999
SEC form: 4
Accepted by SEC: 25 May 2021, 15:40:39 UTC
Next SEC filing: 25 Jan 2024
Source filing: View source filing
Reporting owner signature: /s/ Daron Evans

Key filing fact

Daron Evans filed Form 4 for NEPHROS INC (NEPH) on 25 May 2021.

Key facts

This page summarizes Daron Evans's Form 4 filing for NEPHROS INC (NEPH).
4 reported transactions and 8 derivative rows are listed below.
Accepted by SEC: 25 May 2021, 15:40.

Change

No earlier filing in this sequence is available for direct comparison.
Current net transaction value: +$5,999.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

This filing has been restated. Open the amended filing.

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

NEPH transaction

Common Stock

Exercise of in-the-money or at-the-money derivative security

Transaction value: $3,000
Shares: +1,111
Change %: +14%
Price: $2.70
Shares after: 9,296
Date: 24 May 2021
Ownership: By UTMA #1

NEPH transaction

Common Stock

Exercise of in-the-money or at-the-money derivative security

Transaction value: $3,000
Shares: +1,111
Change %: +14%
Price: $2.70
Shares after: 9,018
Date: 24 May 2021
Ownership: By UTMA #2

NEPH holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 134,215
Date: 24 May 2021
Ownership: Direct

NEPH holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 888
Date: 24 May 2021
Ownership: By UTMA #3

NEPH holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 888
Date: 24 May 2021
Ownership: By UTMA #4

NEPH holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 6,111
Date: 24 May 2021
Ownership: By PoC Capital, LLC
Footnotes: F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

NEPH transaction Derivative

Common Stock Warrants (Right to Buy)

Exercise of in-the-money or at-the-money derivative security

Transaction value: $0
Shares: -1,111
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 24 May 2021
Ownership: By UTMA #1
Underlying class: Common Stock
Underlying amount: 1,111
Exercise price: $2.70
Footnotes: F6

NEPH transaction Derivative

Common Stock Warrants (Right to Buy)

Exercise of in-the-money or at-the-money derivative security

Transaction value: $0
Shares: -1,111
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 24 May 2021
Ownership: By UTMA #2
Underlying class: Common Stock
Underlying amount: 1,111
Exercise price: $2.70
Footnotes: F6

NEPH holding Derivative

Stock Option (Right to Buy)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 8,374
Date: 24 May 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 8,374
Exercise price: $4.14
Footnotes: F2

NEPH holding Derivative

Stock Option (Right to Buy)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 242,690
Date: 24 May 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 242,690
Exercise price: $5.40
Footnotes: F3

NEPH holding Derivative

Stock Option (Right to Buy)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 93,014
Date: 24 May 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 93,014
Exercise price: $4.50
Footnotes: F4

NEPH holding Derivative

Stock Option (Right to Buy)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 20,000
Date: 24 May 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 20,000
Exercise price: $8.57
Footnotes: F5

NEPH holding Derivative

Common Stock Warrants (Right to Buy)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 4,630
Date: 24 May 2021
Ownership: By UTMA #1
Underlying class: Common Stock
Underlying amount: 4,630
Exercise price: $2.70

NEPH holding Derivative

Common Stock Warrants (Right to Buy)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 4,630
Date: 24 May 2021
Ownership: By UTMA #2
Underlying class: Common Stock
Underlying amount: 4,630
Exercise price: $2.70

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 6 footnotes

Footnote F1

The Reporting Person is a managing director of the LLC that owns the reported securities. The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.

Footnote F2

Fully exercisable.

Footnote F3

On 4/15/15, the Reporting Person was granted an option to purchase 242,690 shares of common stock of the Company. Options to purchase 84,941 shares vest quarterly in 16 equal amounts commencing on 6/30/15; options to purchase 36,404 shares vested on 8/9/19; and options to purchase 121,345 shares vested upon achievement of previously disclosed performance measures.

Footnote F4

On 12/20/17, the Reporting Person was granted an option to purchase 93,014 shares of common stock of the Company. Options to purchase 23,253 shares vested on 12/20/18 and options to purchase 69,761 shares vest quarterly in 12 equal amounts commencing on 3/20/19.

Footnote F5

On 12/16/19, the Reporting Person was granted an option to purchase 20,000 shares of common stock of the Company. Options to purchase 5,000 shares vest on 12/16/20 and options to purchase 15,000 shares vest quarterly in 12 equal amounts commencing on 3/16/21.

Footnote F6

Previous filings mistakenly reflected this amount as 1,112 shares; the correct amount after appropriate rounding adjustments is 1,111 shares, as reflected above.