FORM 4
[ ] 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 OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

GRAY KERRY P
2. Issuer Name and Ticker or Trading Symbol

ULURU Inc. [ ULUR ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__ X __ Director                      __ X __ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
Chief Executive Officer
(Last)          (First)          (Middle)

C/O ULURU INC., 4452 BELTWAY DRIVE
3. Date of Earliest Transaction (MM/DD/YYYY)

9/25/2014
(Street)

ADDISON, TX 75001
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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                  1499919   D    
Common Stock                  100000   I   By Kerry P. Gray, Trustee for benefit of Michael J. Gray and Lindsay K. Gray   (1)

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. 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 7. Title and Amount of Securities Underlying Derivative Security
(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
Stock Option (Right to Buy)   $1.15   9/25/2014     A      250000         (2) 9/25/2024   Common Stock   250000   $1.15   250000   D    
Stock Option (Right to Buy)   $0.33                      (3) 3/20/2023   Common Stock   250000     250000   D    
Warrant   (4) $0.6                    9/10/2013   3/14/2018   Common Stock   600000     600000   D    
Warrant   (5) $1.08                    7/28/2011   7/28/2016   Common Stock   34722     34722   D    
Warrant   (6) $1.2                    6/13/2011   6/13/2016   Common Stock   35000     35000   D    

Explanation of Responses:
( 1)  Includes 50,000 shares of common stock held by Kerry P. Gray, Trustee for benefit of Michael J. Gray and 50,000 shares of common stock held by Kerry P. Gray, Trustee for benefit of Lindsay K. Gray. Mr. Gray disclaims beneficial ownership of such shares.
( 2)  This stock option will become exercisble with respect to 250,000 shares of the Company's common stock over a three year period with the vesting of such shares of the Company's common stock being determined every nine months upon a review and evaluation by the Company's Compensation Committee of Mr. Gray's contribution to the achievement of the Company's business plan.
( 3)  This stock option became exercisable with respect to 175,000 shares of the Company's common stock on September 25, 2014 and will become exercisable with respect to an additional 75,000 shares of the Company's common stock over an eighteen month period with the vesting of such additional shares of the Company's common stock being determined every nine months upon a review and evaluation by the Company's Compensation Committee of Mr. Gray's contribution to the achievement of the Company's business plan.
( 4)  On March 14, 2013, Mr. Gray purchased from the Company 1,000,000 shares of common stock at a price of $0.40 per share with the purchase taking place at four closings over a twelve month period. In connection with his purchase of the Company's common stock, Mr. Gray was also issued a warrant to acquire up to 600,000 shares of the Company's common stock at a fixed exercise price of $0.60 per share. The warrant became exercisable on September 10, 2013 and has an expiration date of March 14, 2018.
( 5)  On July 28, 2011, Mr. Gray purchased from the Company a convertible promissory note in the principal amount of $125,000. On July 28, 2014, the Company issued 115,741 shares of common stock to Mr. Gray for the conversion and final payment of $125,000 due under the convertible promissory note. In connection with his purchase of the convertible promissory note, Mr. Gray was also issued a warrant to acquire up to 34,722 shares of the Company's common stock at a fixed exercise price of $1.08 per share with an expiration date of July 28, 2016.
( 6)  On June 13, 2011, Mr. Gray purchased from the Company a convertible promissory note in the principal amount of $140,000. On June 13, 2014, the Company issued 116,667 shares of common stock to Mr. Gray for the conversion and final payment of $140,000 due under the convertible promissory note. In connection with his purchase of the convertible promissory note, Mr. Gray was also issued a warrant to acquire up to 35,000 shares of the Company's common stock at a fixed exercise price of $1.20 per share with an expiration date of June 13, 2016.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
GRAY KERRY P
C/O ULURU INC.
4452 BELTWAY DRIVE
ADDISON, TX 75001
X X Chief Executive Officer

Signatures
/s/ Kerry P. Gray 9/29/2014
** Signature of Reporting Person Date


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).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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ULURU (CE) (USOTC:ULUR)
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부터 6월(6) 2024 으로 7월(7) 2024 ULURU (CE) 차트를 더 보려면 여기를 클릭.
ULURU (CE) (USOTC:ULUR)
과거 데이터 주식 차트
부터 7월(7) 2023 으로 7월(7) 2024 ULURU (CE) 차트를 더 보려면 여기를 클릭.