Eliyahu Haddad - 13 Sep 2023 Form 4 Insider Report for Dror Ortho-Design, Inc. (DROR)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
27 Sep 2023, 21:33:54 UTC
Prior SEC filing
27 Sep 2023
Next SEC filing
25 Jun 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Eliyahu Haddad

Key filing fact

Eliyahu Haddad filed Form 4 for Dror Ortho-Design, Inc. (DROR) on 27 Sep 2023.

Key facts

  • This page summarizes Eliyahu Haddad's Form 4 filing for Dror Ortho-Design, Inc. (DROR).
  • 2 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 27 Sep 2023, 21:33.

Change

  • Previous filing in this sequence was filed on 27 Sep 2023.
  • Current net transaction value: +$500,000.

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 derivative securities

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

NVNT transaction Derivative

Series A Convertible Preferred Stock

Award

Transaction value
$500,000
Shares
+454,545
Change %
Price
$1.10*
Shares after
454,545
Date
13 Sep 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
45,454,545
Exercise price
$0.0110
Footnotes
F1, F2
NVNT transaction Derivative

Common Warrants

Award

Transaction value
$0
Shares
+45,454,545
Change %
Price
$0.000000
Shares after
45,454,545
Date
13 Sep 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
45,454,545
Exercise price
$0.0330
Footnotes
F3, F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

Shares of Series A Convertible Preferred Stock, par value $0.0001 per share and with a stated value of $1.10 per share (the "Preferred Stock") of Dror Ortho-Design, Inc. (formerly Novint Technologies, Inc.) (the "Company") shall be convertible, at any time and from time to time at the option of the Holder thereof, into shares of the company's common stock, par value $0.0001 per share (the "Common Stock") from and after the date the Company has reserved shares of Common Stock on behalf of the holders of the Preferred Stock.

Footnote F2

The Preferred Stock is perpetual and therefore has no expiration date.

Footnote F3

Warrants will be exercisable from and after the date the Company has reserved shares of Common Stock on behalf of the holders of the warrants (the "Initial Exercise Date").

Footnote F4

Warrants expire on the fifth anniversary of the Initial Exercise Date.

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