PhotoMedex director just disposed of 977,960 shares

Dennis M Mcgrath, a director of PhotoMedex, recently disposed of 977,960 shares of the company. The disposals took place at $1.00 per share, on December 22, 2017. Mcgrath still owns 1,029,238 shares of the company. Mcgrath operates out of Willow Grove, PA. Some additional info was provided as follows:

The transactions reported on this Form 4 were effected pursuant to a Convertible Payout Note dated May 17, 2017 and the Stock Grant Agreement dated December 22, 2017. The price reported in Column 4 was set by the terms of the Convertible Payout Note dated May 17, 2017 and the Stock Grant Agreement dated December 22, 2017. The total shares reflected in Column 5 includes the shares granted under the Convertible Payout Note dated May 17, 2017 and the Stock Grant Agreement dated December 22, 2017 as well as the shares previously held by Mr. McGrath after adjustment for a 1-for-5 reverse stock split in September 2016.

The above information was disclosed in a filing to the SEC. To see the filing, click here.

To receive a free e-mail notification whenever PhotoMedex makes a similar move, sign up!

Other recent filings from the company include the following:

Notification of inability to timely file Form 10-Q or 10-QSB - Nov. 15, 2019
On November - Nov. 13, 2019
PhotoMedex: Press Release Dated November 12, 2019 Issued By Gadsden Properties, Inc - Nov. 12, 2019

Auto Refresh

Feedback