Femasys (NASDAQ: FEMY) director receives 102,366 Series D-1 stock warrants
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Femasys Inc. director Kenneth D. Eichenbaum received 102,366 Series D-1 warrants as a non-cash award. These derivative securities allow him to acquire 102,366 shares of common stock at an exercise price of $0.58 per share, exercisable from March 19, 2026 until March 19, 2036. The warrants were issued in a private placement as consideration under an Omnibus Amendment and Consent Agreement and are subject to exercise limitations under Nasdaq Capital Market rules.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Eichenbaum Kenneth D.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Series D-1 Warrants | 102,366 | $0.00 | -- |
Holdings After Transaction:
Series D-1 Warrants — 102,366 shares (Direct)
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 Inc. (FEMY) report for Kenneth D. Eichenbaum?
Femasys reported that director Kenneth D. Eichenbaum received 102,366 Series D-1 warrants. These warrants were granted as consideration in a private placement tied to an Omnibus Amendment and Consent Agreement dated March 19, 2026.
What are the key terms of the Series D-1 warrants reported for FEMY?
The Series D-1 warrants let the holder purchase 102,366 Femasys common shares at an exercise price of $0.58 per share. They became exercisable on March 19, 2026 and expire on March 19, 2036, with customary anti-dilution adjustments.
How were the Series D-1 warrants to Kenneth D. Eichenbaum issued by Femasys (FEMY)?
The reported Series D-1 warrants were issued to Kenneth D. Eichenbaum in a private placement. They were granted as consideration in connection with an Omnibus Amendment and Consent Agreement among Femasys, Eichenbaum, and other parties dated March 19, 2026.
Are there any restrictions on exercising the FEMY Series D-1 warrants?
Yes. The holder’s ability to exercise the Series D-1 warrants for Femasys common stock is subject to certain limitations. These limitations are described as being in accordance with rules of the Nasdaq Capital Market.
What happens to the FEMY Series D-1 warrant exercise price over time?
The initial exercise price is $0.58 per share of Femasys common stock. This price is subject to adjustment under the warrant terms for events such as stock splits, stock dividends, stock combinations, recapitalizations, or similar corporate transactions.