Femasys (NASDAQ: FEMY) director awarded 34,122 Series D-1 warrants
Rhea-AI Filing Summary
Femasys Inc. director Charles Larsen received a grant of 34,122 Series D-1 Warrants to acquire common stock. The warrants were issued in a private placement as consideration under an Omnibus Amendment and Consent Agreement dated March 19, 2026. Each warrant has an initial exercise price of $0.58 per share of common stock and is subject to anti-dilution adjustments for events such as stock splits or stock dividends. The holder’s ability to exercise the warrants is limited by Nasdaq Capital Market rules. The warrants are exercisable into 34,122 shares of common stock and expire on March 19, 2036, leaving Larsen holding 34,122 Series D-1 Warrants after this grant.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Series D-1 Warrants | 34,122 | $0.00 | -- |
Footnotes (1)
- Holder may, at its option, exercise the Series D-1 Warrants, subject to the terms and conditions thereof, at an initial exercise price of $0.58 per share of Common Stock. The exercise price is subject to adjustment in accordance with the terms of the Series D-1 Warrants and will be subject to standard adjustments in the event of any stock split, stock dividend, stock combination, recapitalization or other similar transactions. The Holder's ability to exercise the subject Warrant for shares of Common Stock is subject to certain limitations, in accordance with rules of the Nasdaq Capital Market. The reported securities were issued to the reporting person in a private placement as consideration in connection with that certain Omnibus Amendment and Consent Agreement, dated as of March 19, 2026 by and among the Company, the reporting person and the other parties thereto.
FAQ
What insider transaction did Femasys (FEMY) report for Charles Larsen?
What are the key terms of the Femasys Series D-1 Warrants granted to Charles Larsen?
How many Femasys Series D-1 Warrants does Charles Larsen hold after this Form 4?
What limits apply to exercising the Femasys Series D-1 Warrants reported on this Form 4?
Why were the Femasys Series D-1 Warrants issued to Charles Larsen at no cost?