Form 4: ParkerVision Director Acquires Shares Through Convertible Note Conversion
SEC Form 4 Filing
Director Lewis H. Titterton Jr. acquired 1,699,844 shares of ParkerVision Inc. common stock through the conversion of a convertible note.
Summary
- On May 6, 2025, Lewis H. Titterton Jr., a director of ParkerVision Inc., acquired 1,699,844 shares of common stock.
- The acquisition was a result of converting a convertible note with a fixed conversion price of $0.13 per share.
- The convertible note was dated May 10, 2022, as amended, with a face value of $200,000.
- Following the transaction, Titterton directly owns 2,878,765 shares of ParkerVision Inc.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it's a standard disclosure of an insider transaction related to a pre-existing agreement.
Industry Context
This transaction is a routine disclosure of insider activity and doesn't necessarily indicate a broader trend in the industry. It reflects the director's investment decision based on the terms of the convertible note agreement.
Key Dates
| Date | Description |
|---|---|
| 05/10/2022 | Date of the convertible note, as amended. |
| 05/22/2022 | Convertible Note Exercisable Date |
| 05/06/2025 | Date of transaction: conversion of convertible note into common stock. |
| 05/09/2025 | Date of signature for the Form 4 filing. |
| 05/22/2027 | Convertible Note Expiration Date |
Keywords
ParkerVision, Director, Share Acquisition, Convertible Note, Form 4, PRKR, Lewis H. Titterton Jr.
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