Filing Details

Accession Number:
0001181431-14-013259
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-03-18 17:53:37
Reporting Period:
2014-03-17
Filing Date:
2014-03-18
Accepted Time:
2014-03-18 17:53:37
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1417663 Sanuwave Health Inc. SNWV Surgical & Medical Instruments & Apparatus (3841) 201176000
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1295313 Ii A Kevin Richardson 100 Cummings Center
Suite 324 C
Beverly MA 01915
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, $0.001 Par Value Acquisiton 2014-03-17 50,000 $0.50 157,500 No 4 P Direct
Common Stock, $0.001 Par Value Acquisiton 2014-03-17 50,000 $0.50 157,500 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
No 4 P Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock, $0.001 Par Value Warrants Acquisiton 2014-03-17 62,500 $0.00 62,500 $0.50
Common Stock, $0.001 Par Value Warrants Acquisiton 2014-03-17 37,500 $0.00 37,500 $1.50
Common Stock, $0.001 Par Value Warrants Acquisiton 2014-03-17 62,500 $0.00 62,500 $0.50
Common Stock, $0.001 Par Value Warrants Acquisiton 2014-03-17 37,500 $0.00 37,500 $1.50
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
62,500 2014-03-17 2019-03-17 No 4 P Direct
37,500 2014-03-17 2015-03-17 No 4 P Direct
62,500 2014-03-17 2019-03-17 No 4 P Direct
37,500 2014-03-17 2015-03-17 No 4 P Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock, $0.001 Par Value 1,583,316 Direct
Common Stock, $0.001 Par Value 9,081,989 Indirect Footnote 3
Footnotes
  1. These securities are owned directly by the Zachary G. Richardson UTMA. Mr. Kevin Richardson is a joint holder and the trustee for the plan.
  2. These securities are owned directly by the Eleanor G. Richardson UTMA. Mr. Kevin Richardson is a joint holder and the trustee for the plan.
  3. These securities are owned directly by Prides Capital Fund I, L.P. Prides Capital Partners LLC is a general partner of Prides Capital Fund I, L.P. and Mr. Richardson is the controlling shareholder of Prides Capital Partners LLC; therefore, he may be deemed to be the beneficial owner of such securities. Mr. Richardson has also been deputized by Prides Capital Partners LLC to serve on the board of directors of the issuer. By reason of the provisions of Rule 16a-1 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), Mr. Richardson may be deemed to be the beneficial owner of an indeterminate portion of the securities of SANUWAVE Health, Inc. beneficially owned by Prides Capital Fund I, L.P. Mr. Richardson disclaims beneficial ownership of all such securities except to the extent of any indirect pecuniary interest (within the meaning of Rule 16a-1 of the Exchange Act) therein. This Form 4 shall not be deemed an admission that Mr. Richardson is a beneficial owner.
  4. These shares were purchased as part of a private placement "Unit" offering, whereby each Unit consists of: (i) one share of common stock, par value $0.001 per share;(ii) 125% coverage of a five-year common stock purchase warrant to purchase one share of common stock, at an exercise price of $0.50; and, (iii) 75% coverage of a one-year common stock purchase warrant to purchase one share of common stock, at an exercise price of $1.50.