Sec Form 4/A Filing - PETKANAS DEAN @ NEUROPATHIX, INC. - 2021-03-12

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FORM 4/A
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
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, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
PETKANAS DEAN
2. Issuer Name and Ticker or Trading Symbol
NEUROPATHIX, INC. [ NPTX]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Chief Executive Officer
(Last) (First) (Middle)
3805 OLD EASTON ROAD
3. Date of Earliest Transaction (MM/DD/YY)
03/12/2021
(Street)
DOYLESTOWN, PA18902
4. If Amendment, Date Original Filed (MM/DD/YY)
03/16/2021
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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 03/12/2021 A( 1 ) 692,308 A $ 0.13 ( 1 ) 22,984,029 ( 2 ) I See Note ( 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 (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(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 of Derivative Security: 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
Employee Stock Option (Right to Buy) $ 0.13 03/12/2021 A 1,450,000 ( 4 ) 03/11/2031 Common Stock 1,450,000 $ 0 1,450,000 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
PETKANAS DEAN
3805 OLD EASTON ROAD
DOYLESTOWN, PA18902
X Chief Executive Officer
Signatures
/s/ Dean Petkanas 03/18/2021
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The reporting person agreed to accept 692,308 restricted shares of the issuer's common stock in exchange for the discharge of an aggregate of $90,000 of accrued but unpaid monies payable by the issuer to the reporting person as a portion of his salary. The issuance was approved by the issuer's board of directors on March 12, 2021. The price of the shares acquired by the reporting person is equal to the closing price of the Company's common stock on March 11, 2021, which was $0.13 per share.
( 2 )This Amendment No. 1 ("Form 4/A") to the Form 4 filed by the reporting person on March 16, 2021 (the "Original Form 4") is being filed to remove the second transaction reported in Table I of the Original Form 4, reporting the acquisition of 192,308 shares of the Issuer's common stock, which transaction was included in error and did not occur. This Form 4/A amends and restates in its entirety the Original Form 4, including only those transactions that occurred on March 12, 2021.
( 3 )Aggregate amount of shares beneficially owned by the reporting person includes shares held by him directly as well as indirectly through Powerlife Phytomedical, LLC and Golden Gate Capital Partners, LLC. The reporting person disclaims beneficial ownership of the securities held by Powerlife Phytomedical, LLC and Golden Gate Capital Partners, LLC, except to the extent of his pecuniary interest therein.
( 4 )1/4th of the option shares vest on the date of grant and the remaining option shares vest in equal monthly installments over 36 months thereafter.

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).
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