TG-17, Inc. director Paul Alphonse Morin filed an initial ownership report showing his current stake in the company. He directly holds 41,202 shares of common stock and several derivative positions, including 64,792 shares of Series B-3 Convertible Preferred Stock and warrants and options over additional common shares.
TG-17, Inc. insider Doron Kempel, the Chief Executive Officer, director and 10% owner of OBAI, filed an initial ownership report listing his beneficial stakes. He directly holds 165,780 shares of common stock and indirectly benefits from 2,503,431 common shares owned by VFTG, L.P., over which he has sole voting and investment control.
The filing also lists preferred and option positions that can convert into common stock. These include Series B-1 and Series B-3 Convertible Preferred Stock, convertible into 3,114,460 and 28,964/389,457 common shares at an exercise price of $0.4875 per share, as well as 10,000 shares of Series F Preferred Stock, each convertible into one common share. In addition, he holds equity option awards over 1,545,472, 1,545,472 and 1,094,320 common shares with exercise prices of $0.4203 and $1.17.