Herbert Raymond McMaster - 26 Aug 2021 Form 4 Insider Report for NRX Pharmaceuticals, Inc. (NRXP)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
02 Nov 2021, 16:07:26 UTC
Prior SEC filing
22 Jun 2021
Next SEC filing
21 Sep 2021
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Herbert R. McMaster

Key filing fact

Herbert Raymond McMaster filed Form 4 for NRX Pharmaceuticals, Inc. (NRXP) on 02 Nov 2021.

Key facts

  • This page summarizes Herbert Raymond McMaster's Form 4 filing for NRX Pharmaceuticals, Inc. (NRXP).
  • 3 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 02 Nov 2021, 16:07.

Change

  • Previous filing in this sequence was filed on 22 Jun 2021.
  • Current net transaction value: -$23,141.

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

Reported non-derivative transactions

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

NRXP transaction

Common Stock

Options Exercise

Transaction value
$40,626
Shares
+18,300
Change %
Price
$2.22*
Shares after
18,300
Date
26 Aug 2021
Ownership
Direct
Footnotes
F1

Reported derivative securities

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

NRXP transaction Derivative

Employee Stock Option (Right to buy)

Conversion of derivative security

Transaction value
$63,767
Shares
-28,724
Change %
-64%
Price
$2.22*
Shares after
16,362
Date
26 Aug 2021
Ownership
Direct
Underlying class
Common Stock
Underlying amount
28,724
Exercise price
$2.22
Footnotes
F1
NRXP transaction Derivative

Restricted Stock Units

Award

Transaction value
$0
Shares
+10,424
Change %
Price
$0.000000
Shares after
10,424
Date
26 Aug 2021
Ownership
Direct
Underlying class
Common Stock
Underlying amount
10,424
Exercise price
Footnotes
F2
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

The options are fully vested.

Footnote F2

Shares and restricted stock units acquired pursuant to the exercise of 28,724 vested stock options under the NRX Pharmaceuticals, Inc. 2021 Omnibus Incentive Plan (the "Plan"). The Reporting person received 18,300 freely tradable shares of common stock, par value $0.001 per share, of NRX Pharmaceuticals, Inc. (the "Common Stock") and 10,424 restricted stock units, each restricted stock unit representing a right to receive one share of Common Stock. The restricted stock units remain in the Plan and are subject to forfeiture if the Earnout Share Milestone and the Earnout Cash Milestone (as defined in the Merger Agreement) do not occur on or prior to December 31, 2022.

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