Noreen Griffin - May 28, 2021 Form 4 Insider Report for Immune Therapeutics, Inc. (IMUN)

Signature
/s/ Noreen Griffin
Stock symbol
IMUN
Transactions as of
May 28, 2021
Transactions value $
$0
Form type
4
Date filed
6/4/2021, 08:49 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IMUN Common Stock Other $0 0 0% $0.00* 429 May 28, 2021 Direct F1
transaction IMUN Common Stock Other $0 0 0% $0.00* 704 May 28, 2021 By: Griffin Enterprises Group, Inc. F1, F2
transaction IMUN Common Stock Other $0 0 0% $0.00* 2.69K May 28, 2021 By: Griffin Family Trust F1, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction IMUN Warrants (Right to Buy) Other $0 0 0% $0.00* 7.42K May 28, 2021 Common Stock 7.42K $5.00 Direct F1
transaction IMUN Convertible Note Other $0 0 0% $0.00* 49.8K May 28, 2021 Common Stock 49.8K $5.00 By: Global Reverb Corporation F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person may be deemed to have entered into a "group" for purposes of Section 13(d) of the Securities Exchange Act of 1934, as amended, as of May 28, 2021 in connection with the Reporting Person and the Issuer's execution of a non-binding Term Sheet as of this date in which the Reporting Person executed such Term Sheet as representative of certain other parties to the Term Sheet. The Reporting Person disclaims the existence of a "group" and disclaims beneficial ownership of any securities held by such "group" (and this report shall not be deemed an admission that any such person is the beneficial owner of any such securities), except to the extent of her pecuniary interest, if any, in such securities.
F2 50% owned by the Reporting Person and 50% owned and managed by Robert Wilson, who is the Reporting Person's son, and the Reporting Person has shared voting and dispositive power over such shares. The Reporting Person disclaims beneficial ownership of these shares except to the extent of her pecuniary interest therein, and the inclusion of these shares in this Form 4 shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 13 or for any other purpose.
F3 An irrevocable trust for the benefit of the Reporting Person's children and grandchildren, and the Reporting Person has shared voting and dispositive power over such shares. The Reporting Person disclaims beneficial ownership of these shares except to the extent of her pecuniary interest therein, and the inclusion of these shares in this Form 4 shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 13 or for any other purpose.
F4 A Florida corporation, of which Griffin is the sole officer, director and shareholder, and Griffin has sole voting and dispositive power over its securities.