06/11/2025 | Press release | Distributed by Public on 06/11/2025 16:25
FORM 4
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) |
4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Stock Option (right to buy) | $0.89 | 06/06/2025 | M | 31,250 | (4) | 06/07/2025 | Common Stock | 31,250 | $ 0 | 291,875 | D | ||||
Stock Option (right to buy) | $2.39 | 06/06/2025 | M | 46,875 | (4) | 06/07/2025 | Common Stock | 46,875 | $ 0 | 245,000 | D | ||||
Stock Option (right to buy) | $4.72 | 06/06/2025 | M | 25,000 | (4) | 06/07/2025 | Common Stock | 25,000 | $ 0 | 220,000 | D | ||||
Stock Option (right to buy) | $2.86 | 06/06/2025 | M | 30,000 | (4) | 06/07/2025 | Common Stock | 30,000 | $ 0 | 190,000 | D | ||||
Stock Option (right to buy) | $2.11 | 06/06/2025 | M | 40,000 | (4) | 06/07/2025 | Common Stock | 40,000 | $ 0 | 150,000 | D | ||||
Stock Option (right to buy) | $2.11 | 06/06/2025 | M | 70,000 | (4) | 06/07/2025 | Common Stock | 70,000 | $ 0 | 80,000 | D | ||||
Stock Option (right to buy) | $1.98 | 06/06/2025 | M | 40,000 | (4) | 06/07/2025 | Common Stock | 40,000 | $ 0 | 40,000 | D | ||||
Stock Option (right to buy) | $1.11 | 06/06/2025 | M | 40,000 | (4) | 06/07/2025 | Common Stock | 40,000 | $ 0 | 0 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
CZIRR JAMES C 4908 S. ASHTON CT. SPOKANE,, WA 99223 |
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/s/ James C. Czirr, Individually | 06/11/2025 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | Common stock received in satisfaction of $6,000 of dividends due on Series A Convertible Preferred Stock owned by James C. Czirr pursuant to issuer's option to pay dividends in cash or common stock, at its sole discretion. The dividend was paid on 3/31/2025. The price is the amount of the dividend divided by the number shares issued in satisfaction of the dividend. |
(2) | Exempt from Section 16(b) of the Securities Exchange Act pursuant to Rule 16a-9. |
(3) | No consideration was received for the shares, which were transferred by gift to relatives. |
(4) | Stock options were exercisable at time of exercise. |