Filing Details

Accession Number:
0001179110-13-013994
Form Type:
4
Zero Holdings:
No
Publication Time:
2013-09-06 20:25:41
Reporting Period:
2013-09-03
Filing Date:
2013-09-06
Accepted Time:
2013-09-06 20:25:41
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1222244 Prourocare Medical Inc. PUMD Surgical & Medical Instruments & Apparatus (3841) 201212923
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
901152 L James Davis 6446 Flying Cloud Dr
Eden Prairie MN 55344
Yes No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock, $0.00001 Par Value Acquisiton 2013-09-03 2,500 $0.23 2,695,864 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock, $0.00001 Par Value 57,482 Indirect Held by "Davis & Associates Inc."
Common Stock, $0.00001 Par Value 169,964 Indirect Held by "Davis & Associate 401K PSP"
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock, $0.00001 Par Value Warrants $2.00 2013-10-31 16,667 16,667 Direct
Common Stock, $0.00001 Par Value Warrants $1.50 2013-09-25 100,000 100,000 Direct
Common Stock, $0.00001 Par Value Warrants $1.30 2014-01-07 195,000 195,000 Direct
Common Stock, $0.00001 Par Value Options $2.41 2017-03-01 10,374 10,374 Direct
Common Stock, $0.00001 Par Value Warrant $1.30 2013-07-12 100,000 100,000 Direct
Common Stock, $0.00001 Par Value Warrant $1.30 2013-07-12 20,000 20,000 Indirect
Common Stock, $0.00001 Par Value Warrant $1.30 2013-07-12 20,000 20,000 Indirect
Common Stock, $0.0001 Par Value Warrants $1.30 2013-08-02 286,923 286,923 Direct
Common Stock, $0.00001 Par Value Warrants $1.30 2014-01-07 54,964 54,964 Indirect
Common Stock, $0.0001 Par Value Warrants $1.30 2013-08-02 20,000 20,000 Indirect
Common Stock, $0.00001 Par Value Warrants $1.30 2014-01-07 17,482 17,482 Indirect
Common Stock, $0.0001 Par Value Warrants $1.30 2013-08-02 20,000 20,000 Indirect
Common Stock, $0.00001 Par Value Options $1.72 2017-08-10 14,535 14,535 Direct
Common Stock, $0.00001 Par Value Warrants $1.30 2014-01-07 50,000 50,000 Direct
Common Stock, $0.00001 Par Value Stock options $0.87 2018-08-09 28,736 28,736 Direct
Common Stock, $0.00001 Par Value Convertible Note $1.30 2013-09-20 0 0 Direct
Common Stock, $0.00001 Par Value Warrant $1.30 2014-01-07 62,923 62,923 Direct
Common Stock, $0.00001 Par Value Convertible Note $1.30 2014-03-31 0 0 Direct
Common Stock, $0.00001 Par Value Stock Options $0.60 2019-08-09 25,000 25,000 Direct
Common Stock, $0.00001 Par Value Warrant $0.50 2018-04-27 340,998 56,833 Direct
Common Stock, $0.00001 Par Value Warrant $0.50 2013-04-27 291,670 632,668 Direct
Common Stock, $0.00001 Par Value Warrant $0.50 2018-04-27 295,313 295,313 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2013-10-31 16,667 16,667 Direct
2013-09-25 100,000 100,000 Direct
2014-01-07 195,000 195,000 Direct
2017-03-01 10,374 10,374 Direct
2013-07-12 100,000 100,000 Direct
2013-07-12 20,000 20,000 Indirect
2013-07-12 20,000 20,000 Indirect
2013-08-02 286,923 286,923 Direct
2014-01-07 54,964 54,964 Indirect
2013-08-02 20,000 20,000 Indirect
2014-01-07 17,482 17,482 Indirect
2013-08-02 20,000 20,000 Indirect
2017-08-10 14,535 14,535 Direct
2014-01-07 50,000 50,000 Direct
2018-08-09 28,736 28,736 Direct
2013-09-20 0 0 Direct
2014-01-07 62,923 62,923 Direct
2014-03-31 0 0 Direct
2019-08-09 25,000 25,000 Direct
2018-04-27 340,998 56,833 Direct
2013-04-27 291,670 632,668 Direct
2018-04-27 295,313 295,313 Direct
Footnotes
  1. Currently exercisable
  2. Reporting person is the Sole owner of Davis & Associates Inc. and has sole voting power.
  3. The Reporting Person holds $150,000, of 10% convertible secured subordinated promissory notes from the Issuer. The promissory note and any accrued interest thereon is convertible at any time at the option of the reporting person into common stock at $1.30 per share. The number of shares to be issued upon conversion will be fixed on the conversion date and reported on a Form 4 within 2 business days after conversion. The Issuer's Board of Directors specifically approved the reporting person's participation in the private placement as exempt from the requirements of Section 16b as provided by Rules 16b-3(d) and 16b-3(e).
  4. Annual option award pursuant to the Issuer's compensation policy for Directors upon their re-election to the Board of Directors. The seven-year options vest ratably over the 12 month period from Sepetember 2013 to August 2014.
  5. The Reporting Person holds $100,000, of 10% convertible secured subordinated promissory notes from the Issuer. The promissory note and any accrued interest thereon is convertible at any time at the option of the reporting person into common stock at $1.30 per share. The number of shares to be issued upon conversion will be fixed on the conversion date and reported on a Form 4 within 2 business days after conversion. The Issuer's Board of Directors specifically approved the reporting person's participation in the private placement as exempt from the requirements of Section 16b as provided by Rules 16b-3(d) and 16b-3(e).
  6. The issuer issued the warrants to the Reporting Person as consideration for a $450,000 loan guarantee for the period from April 1, 2013 to February 15, 2014. The warrants will vest as to 28,125 shares on the first of each month from April 2013 to January, 2014, and as to 14,063 share on February 1, 2014, subject to adjustment if the amount of the loan guaranteed should change. The issuer's Board of Directors specifically approved the reporting person's participation in the private placement as exempt from the requirements of Section 16b as provided by Rules 16b-3(d) and 16b-3(e).