Dov Elefant - Nov 7, 2025 Form 4 Insider Report for FEMASYS INC (FEMY)

Signature
/s/ Kathy Lee-Sepsick, Attorney-in-fact
Stock symbol
FEMY
Transactions as of
Nov 7, 2025
Transactions value $
$25,000
Form type
4
Date filed
11/12/2025, 05:23 PM
Previous filing
Aug 28, 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Elefant Dov Chief Financial Officer C/O FEMASYS INC., 3950 JOHNS CREEK COURT, SUITE 100, SUWANEE /s/ Kathy Lee-Sepsick, Attorney-in-fact 2025-11-12 0001326487

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 FEMY Senior Secured Convertible Notes Discretionary transaction in accordance with Rule 16b-3(f) resulting in acquisition or disposition of issuer securities $25K $25K Nov 7, 2025 Common stock, par value $0.001 per share 34.1K $0.73 Direct F1, F5, F7
transaction FEMY Series A-1 Warrants Discretionary transaction in accordance with Rule 16b-3(f) resulting in acquisition or disposition of issuer securities +34.1K 34.1K Nov 7, 2025 Common stock, par value $0.001 per share 34.1K $0.81 Direct F2, F6, F7
transaction FEMY Series B-1 Warrants Discretionary transaction in accordance with Rule 16b-3(f) resulting in acquisition or disposition of issuer securities +34.1K 34.1K Nov 7, 2025 Common stock, par value $0.001 per share 34.1K $0.92 Direct F3, F6, F7
transaction FEMY Series C-1 Warrants Discretionary transaction in accordance with Rule 16b-3(f) resulting in acquisition or disposition of issuer securities +34.1K 34.1K Nov 7, 2025 Common stock, par value $0.001 per share 34.1K $1.10 Direct F4, F6, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Holder may, at its option, prior to maturity, convert all or any portion of the outstanding amount of Senior Secured Convertible Notes due 2035 (the "Convertible Notes"), including accrued paid in-kind interest thereon, subject to certain limitations, into shares of Common Stock, at an initial conversion price of $0.73 per share of Common Stock. The conversion rate is subject to adjustment in accordance with the terms of the Convertible Notes and will be subject to standard adjustments in the event of any stock split, stock dividend, stock combination, recapitalization or other similar transactions.
F2 Holder may, at its option, exercise the Series A-1 Warrants, subject to the terms and conditions thereof, at an initial exercise price of $0.81 per share of Common Stock. The exercise price is subject to adjustment in accordance with the terms of the Series A-1 Warrants and will be subject to standard adjustments in the event of any stock split, stock dividend, stock combination, recapitalization or other similar transactions.
F3 Holder may, at its option, exercise the Series B-1 Warrants, subject to the terms and conditions thereof, at an initial exercise price of $0.92 per share of Common Stock. The exercise price is subject to adjustment in accordance with the terms of the Series B-1 Warrants and will be subject to standard adjustments in the event of any stock split, stock dividend, stock combination, recapitalization or other similar transactions.
F4 Holder may, at its option, exercise the Series C-1 Warrants, subject to the terms and conditions thereof, at an initial exercise price of $1.10 per share of Common Stock. The exercise price is subject to adjustment in accordance with the terms of the Series C-1 Warrants and will be subject to standard adjustments in the event of any stock split, stock dividend, stock combination, recapitalization or other similar transactions.
F5 Represents the maximum number of shares of Common Stock issuable upon the voluntary conversion of the original stated amount of the Convertible Notes. The number of shares issuable upon conversion of the Convertible Notes is subject to increase in connection with the accrual of interest, which is payable in kind. The Holder's ability to convert the Convertible Notes to shares of Common Stock is subject to certain limitations, in accordance with rules of the Nasdaq Capital Market.
F6 The Holder's ability to exercise the subject Warrant for shares of Common Stock is subject to certain limitations, in accordance with rules of the Nasdaq Capital Market.
F7 The reported securities were purchased by the reporting person for an aggregate amount of $25,000.