FORM 4 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP 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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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). |
1. Name and Address of Reporting Person*
(Street)
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2. Issuer Name and Ticker or Trading Symbol
ULURU INC. [ ULUR ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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3. Date of Earliest Transaction
(Month/Day/Year) 05/07/2013 | ||||||||||||||||||||||||||
4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 3. Transaction Code (Instr. 8) | 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) | 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) | 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 7. Nature of Indirect Beneficial Ownership (Instr. 4) | |||
Code | V | Amount | (A) or (D) | Price | ||||||
Common Stock, par value $0.001 | 05/07/2013 | P | 1,250,000(1) | A | $0.4 | 2,250,000 | D |
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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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 Securities Underlying Derivative Security (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: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) | ||||
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Securities Purchase Agreement | $0.4 | (2) | 01/03/2014 | Common Stock | 2,750,000(2) | 2,750,000 | D | ||||||||
Warrant to purchase Common Stock, par value $0.001 | $0.6 | 01/03/2013(3) | 01/03/2014 | Common Stock | 3,000,000(3) | 3,000,000 | D |
Explanation of Responses: |
1. IPMD GmbH is the owner of 2,250,000 shares of common stock acquired pursuant to a Securities Purchase Agreement dated December 21, 2012. The acquisition of 1,250,000 and 1,000,000 shares of common stock occurred on May 7,2013 and January 3, 2013, respectively. |
2. As part of the Securities Purchase Agreement dated December 21, 2012, IPMD GmbH has committed to purchase 2,750,000 additional shares of common stock in two tranches over the next eight months; with 1,500,000 and 1,250,000 shares of common stock being committed to purchase on September 3, 2013 and January 3, 2014, respectively. |
3. IPMD GmbH is the holder of a warrant to purchase up to 3,000,000 shares of common stock acquired pursuant to a Securities Purchase Agreement dated December 21, 2012. The warrant has vested with respect to 1,350,000 shares of common stock and, provided that IPMD GmbH complies with its obligation to purchase additional shares of common stock at two subsequent closings scheduled over the next eight months, will vest with respect to 900,000 shares of common stock on September 3, 2013 and 750,000 shares of common stock on January 3, 2014 assuming each of the closings scheduled on such date occurs. |
Remarks: |
Exhibit 24: Power of Attorney |
/s/ IPMD GmbH by Terrance K. Wallberg, by Power of Attorney | 05/10/2013 | |
** Signature of Reporting Person | Date | |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
* 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). | ||
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
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 Number. |