SEC FORM 4 SEC Form 4
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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checkbox unchecked 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*
Levinson Mitchell E.

(Last) (First) (Middle)
3957 POINT EDEN WAY

(Street)
HAYWARD CA 94545

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
PULSE BIOSCIENCES, INC. [ PLSE ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
checkbox checked Officer (give title below) Other (specify below)
Chief Strategy Officer
3. Date of Earliest Transaction (Month/Day/Year)
07/03/2024
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
checkbox checked Form filed by One Reporting Person
Form filed by More than One Reporting Person
Rule 10b5-1(c) Transaction Indication

checkbox unchecked Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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 07/03/2024 X(1) 3,000 A (2) 90,880 D
Common Stock 07/03/2024 X(1) 1,241 A (2) 20,000 I Spouse
Common Stock 07/03/2024 X(1) 322 A (2) 7,999 I Immediate Family Member 1
Common Stock 07/03/2024 X(1) 322 A (2) 8,099 I Immediate Family Member 2
Common Stock 07/03/2024 X(1) 322 A (2) 8,199 I Immediate Family Member 3
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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
Warrant (right to buy) $11 07/03/2024 P(1) 1,500 07/03/2024 07/03/2029 Common Stock 1,500 (1)(2) 1,500 D
Warrant (right to buy) $11 07/03/2024 P(1) 1,500 07/03/2024 07/03/2029 Common Stock 1,500 (1)(2) 1,500 D
Warrant (right to buy) $11 07/03/2024 P(1) 621 07/03/2024 07/03/2029 Common Stock 621 (1)(2) 621 I Spouse
Warrant (right to buy) $11 07/03/2024 P(1) 621 07/03/2024 07/03/2029 Common Stock 621 (1)(2) 621 I Spouse
Warrant (right to buy) $11 07/03/2024 P(1) 161 07/03/2024 07/03/2029 Common Stock 161 (1)(2) 161 I Immediate Family Member 1
Warrant (right to buy) $11 07/03/2024 P(1) 161 07/03/2024 07/03/2029 Common Stock 161 (1)(2) 161 I Immediate Family Member 1
Warrant (right to buy) $11 07/03/2024 P(1) 161 07/03/2024 07/03/2029 Common Stock 161 (1)(2) 161 I Immediate Family Member 2
Warrant (right to buy) $11 07/03/2024 P(1) 161 07/03/2024 07/03/2029 Common Stock 161 (1)(2) 161 I Immediate Family Member 2
Warrant (right to buy) $11 07/03/2024 P(1) 161 07/03/2024 07/03/2029 Common Stock 161 (1)(2) 161 I Immediate Family Member 3
Warrant (right to buy) $11 07/03/2024 P(1) 161 07/03/2024 07/03/2029 Common Stock 161 (1)(2) 161 I Immediate Family Member 3
Explanation of Responses:
1. The Reporting Person acquired the shares of common stock and the warrants pursuant to the exercise of subscription rights in connection with the Issuer's previously announced rights offering (the "Rights Offering"), as disclosed in the Registration Statement on Form S-3, as amended, and certain Current Reports on Form 8-K filed by the Issuer with the SEC.
2. Pursuant to the terms of the Rights Offering, the Reporting Person purchased units at a price of $10.00 per unit, with each unit consisting of one share of common stock and two warrants each to purchase one half share of common stock at an exercise price of $11.00 per whole share. The warrants differ only in their redemption provisions.
/s/ Kenneth B. Stratton, as Attorney-in-Fact 07/08/2024
** 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).
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