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Diamond Lawrence M.'s Form 4 filing

Mitesco, Inc. (MITI) · filed Feb 24, 2022

Accession no.
0001185185-22-000222
Filed
Feb 24, 2022
Trade date
Feb 14, 2022
Filing delay
10 daysLate
Rule 10b5-1 plan
Not on the form (before 2023)

This filing lists 2 derivative transactions. It was filed 10 days after the trade, past the 2-business-day deadline.

Reporting owners

A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.

Reporting owners on this filing
OwnerRelationship to the company
Diamond Lawrence M.CIK 0001791232Director, Officer (Chief Executive Officer)

Non-derivative securities (Table I)

Acquisitions and disposals of common stock and similar shares, one row per line on the filing.

This filing has no transactions of this kind.

Derivative securities (Table II)

Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.

Derivative transactions
Trade dateSecurityTransactionUnderlying sharesUnit priceValueHeld afterOwnershipFlags
Feb 14, 2022Common StockPPurchaseAcquired+367,500–F1–367,500Direct
Feb 14, 2022Common StockPPurchaseAcquired+367,500–F1–367,500Direct

Footnotes and remarks

Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.

F1

A 10% Promissory Note due August 14, 2022 (the "Note"), dated February 14, 2022 was issued to Lawrence Diamond (the "Lender") in the principal amount of $175,000, and has a maturity date that is the earlier of (i) six (6) months from the date of execution, or (ii) the date on which the Company successfully lists its shares of common stock on Nasdaq or NYSE. The purchase price of the Note payable to the Company for the Note was $148,750 and was funded on February 14, 2022. The amount payable at maturity will be $175,000 plus 10% of that amount plus accrued and unpaid interest. In addition to the Note, the Lender will be issued 367,500 5-year warrants that may be exercised at $.50 per share and 367,500 5-year warrants that may be exercised at $.75 per share.

Referenced by the price of 2 transactions in Table II.

Read the full filing on SEC EDGAR (opens in a new tab)