RICHARD T. SCHUMACHER - 14 Sep 2021 Form 4 Insider Report for PRESSURE BIOSCIENCES INC (PBIO)

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	PBIO	SERIES AA CONVERTIBLE PREFERRED STOCK	Purchase	$58,250	+23	+265%	$2500.00^*	32	14 Sep 2021	COMMON STOCK	23,291	$2.50	Direct	F1, F3
transaction	PBIO	COMMON STOCK WARRANT	Purchase		+23,291			23,291	14 Sep 2021	COMMON STOCK	23,291	$3.50	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Id	Content
F1	Each share of Series AA Convertible Preferred Stock converts into 1,000 shares of the Company's Common Stock at a conversion price of $2.50 per share.
F2	Each Warrant gives the investor the right to purchase the number of shares of Common Stock equal to 100% of the number of shares of Common Stock issuable upon conversion of the total number of Series AA Convertible Preferred Stock units purchased, at an exercise price of $3.50 per share.
F3	No expiration date for the Series AA preferred stock.