Jacob Safier - 10 Apr 2024 Form 4 Insider Report for Orgenesis Inc. (ORGS)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
04 Dec 2024, 18:48:38 UTC
Prior SEC filing
14 Feb 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Jacob Safier

Key filing fact

Jacob Safier filed Form 4 for Orgenesis Inc. (ORGS) on 04 Dec 2024.

Key facts

  • This page summarizes Jacob Safier's Form 4 filing for Orgenesis Inc. (ORGS).
  • 9 reported transactions and 3 derivative rows are listed below.
  • Accepted by SEC: 04 Dec 2024, 18:48.

Change

  • Previous filing in this sequence was filed on 14 Feb 2024.
  • Current net transaction value: +$624.

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.

ORGS transaction

Common Stock

Purchase

Transaction value
$5,948
Shares
+10,000
Change %
+0.32%
Price
$0.5948
Shares after
3,120,100
Date
10 Apr 2024
Ownership
By JSAF Holdings, LLC
Footnotes
F1, F2
ORGS transaction

Common Stock

Sale

Transaction value
$5,444
Shares
-10,000
Change %
-0.32%
Price
$0.5444
Shares after
3,110,100
Date
10 Apr 2024
Ownership
By JSAF Holdings, LLC
Footnotes
F1, F2
ORGS transaction

Common Stock

Purchase

Transaction value
$5,135
Shares
+10,000
Change %
+0.32%
Price
$0.5135
Shares after
3,120,100
Date
16 Apr 2024
Ownership
By JSAF Holdings, LLC
Footnotes
F1, F2
ORGS transaction

Common Stock

Sale

Transaction value
$5,001
Shares
-10,000
Change %
-0.32%
Price
$0.5001
Shares after
3,110,100
Date
16 Apr 2024
Ownership
By JSAF Holdings, LLC
Footnotes
F1, F2
ORGS transaction

Common Stock

Purchase

Transaction value
$5,800
Shares
+10,000
Change %
+0.32%
Price
$0.5800
Shares after
3,120,100
Date
24 Jun 2024
Ownership
By JSAF Holdings, LLC
Footnotes
F1, F2
ORGS transaction

Common Stock

Sale

Transaction value
$5,814
Shares
-10,000
Change %
-0.32%
Price
$0.5814
Shares after
3,110,100
Date
24 Jun 2024
Ownership
By JSAF Holdings, LLC
Footnotes
F1, F2
ORGS holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
2,000,000
Date
10 Apr 2024
Ownership
Direct
Footnotes
F1

Reported derivative securities

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

ORGS transaction Derivative

Warrant (right to buy)

Award

Transaction value
$0
Shares
+970,873
Change %
Price
$0.000000
Shares after
970,873
Date
21 Aug 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
970,873
Exercise price
$1.03
Footnotes
F1, F3, F4
ORGS transaction Derivative

Warrant (right to buy)

Award

Transaction value
$0
Shares
+242,718
Change %
Price
$0.000000
Shares after
242,718
Date
09 Sep 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
242,718
Exercise price
$1.03
Footnotes
F1, F5, F6
ORGS transaction Derivative

Warrant (right to buy)

Award

Transaction value
$0
Shares
+242,718
Change %
Price
$0.000000
Shares after
242,718
Date
04 Nov 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
242,718
Exercise price
$1.03
Footnotes
F7, F8
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Jacob Safier is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 8 footnotes

Footnote F1

On September 25, 2024, the Issuer effected a reverse stock split at a ratio of 1-for-10. The share amounts set forth here are presented before giving effect to the reverse stock split.

Footnote F2

The Reporting Person is the portfolio manager of the investment in the Issuer by JSAF Holdings, LLC ("JSAF") and may therefore be deemed to beneficially own the shares owned by JSAF. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.

Footnote F3

Pursuant to an Amended and Restated Promissory Note, dated as of August 10, 2024, issued by the Issuer to the Reporting Person, the Reporting Person was issued a warrant ("Warrant 1") exercisable for 970,873 shares of the Issuer's Common Stock, subject to adjustment in accordance with the terms thereof.

Footnote F4

Other than 53,970 shares currently exercsiable, Warrant 1 is not currently exercisable because it cannot be exercised by the Reporting Person if, after giving effect thereto, the Reporting Person would beneficially own, as determined in accordance with Section 13(d) of the Securities Exchange Act of 1934 (the "Exchange Act"), more than 9.99% of the outstanding shares of the Issuer's Common Stock, subject to certain exceptions.

Footnote F5

Pursuant to an Amended and Restated Promissory Note, dated as of September 9, 2024, issued by the Issuer to the Reporting Person, the Reporting Person was issued a warrant ("Warrant 2") exercisable for 242,718 shares of the Issuer's Common Stock, subject to adjustment in accordance with the terms thereof.

Footnote F6

Warrant 2 is not currently exercisable because it cannot be exercised by the Reporting Person if, after giving effect thereto, the Reporting Person would beneficially own, as determined in accordance with Section 13(d) of the Exchange Act, more than 9.99% of the outstanding shares of the Issuer's Common Stock, subject to certain exceptions.

Footnote F7

Pursuant to an Amended and Restated Promissory Note, dated as of November 4, 2024, issued by the Issuer to the Reporting Person, the Reporting Person was issued a warrant ("Warrant 3") exercisable for 242,718 shares of the Issuer's Common Stock, subject to adjustment in accordance with the terms thereof.

Footnote F8

Warrant 3 is not currently exercisable because it cannot be exercised by the Reporting Person if, after giving effect thereto, the Reporting Person would beneficially own, as determined in accordance with Section 13(d) of the Exchange Act, more than 9.99% of the outstanding shares of the Issuer's Common Stock, subject to certain exceptions.

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