0001185185-24-000267.txt : 20240318 0001185185-24-000267.hdr.sgml : 20240318 20240318155207 ACCESSION NUMBER: 0001185185-24-000267 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240313 FILED AS OF DATE: 20240318 DATE AS OF CHANGE: 20240318 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: MUKUNDA RAM CENTRAL INDEX KEY: 0001047575 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-32830 FILM NUMBER: 24758853 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: IGC Pharma, Inc. CENTRAL INDEX KEY: 0001326205 STANDARD INDUSTRIAL CLASSIFICATION: PHARMACEUTICAL PREPARATIONS [2834] ORGANIZATION NAME: 03 Life Sciences IRS NUMBER: 202760393 STATE OF INCORPORATION: MD FISCAL YEAR END: 0331 BUSINESS ADDRESS: STREET 1: 10224 FALLS ROAD CITY: POTOMAC STATE: MD ZIP: 20854 BUSINESS PHONE: 301-983-0998 MAIL ADDRESS: STREET 1: 10224 FALLS ROAD CITY: POTOMAC STATE: MD ZIP: 20854 FORMER COMPANY: FORMER CONFORMED NAME: India Globalization Capital, Inc. DATE OF NAME CHANGE: 20050505 4 1 ownership.xml X0508 4 2024-03-13 0 0001326205 IGC Pharma, Inc. IGC 0001047575 MUKUNDA RAM 10224 FALLS ROAD POTOMAC MD 20854 1 1 0 0 CEO 0 Common Stock 2024-03-13 4 M 0 333333 0.0 A 2908093 D Common Stock 2024-03-13 4 M 0 233334 0.0 A 3141427 D Common Stock 2024-03-13 4 M 0 333334 0.0 A 3474761 D Common Stock 2024-03-13 4 M 0 251250 0.0 A 3726011 D Common Stock 2024-03-13 4 G 0 200000 0.0 D 3526011 D Common Stock 2024-03-13 4 M 0 16667 0.0 A 794085 I BY SPOUSE Common Stock 2024-03-13 4 M 0 16667 0.0 A 810752 I BY SPOUSE Restricted Stock Units 2024-03-13 4 M 0 233333 0.0 D Common Stock 233333 233333 D Restricted Stock Units 2024-03-13 4 M 0 333333 0.0 D Common Stock 333333 0 D Restricted Stock Units 2024-03-13 4 M 0 333334 0.0 D Common Stock 333334 666667 D Restricted Stock Units 2024-03-13 4 M 0 251250 0.0 D 2033-03-31 Common Stock 251250 783750 D Options 2024-03-13 4 A 0 1000002 0.0 A 2034-03-12 Common Stock 1000002 0 D Options 2024-03-13 4 A 0 1500000 0.0 A 2034-03-12 Common Stock 1500000 0 D Restricted Stock Units 2024-03-13 4 M 0 16667 0.0 D Common Stock 16667 0 I BY SPOUSE Restricted Stock Units 2024-03-13 4 M 0 16667 0.0 D Common Stock 16667 33333 I BY SPOUSE On July 19, 2021, the Reporting Person and the Reporting Person's spouse were granted RSUs subject to vesting equally over three and two years, respectively, and starting on March 31, 2022. On May 25, 2022, the Reporting Person and the Reporting Person's spouse were granted RSUs subject to vesting equally over three years starting on March 31, 2023. Gift of shares of the Company's common stock to the reporting person's children who do not share the reporting person's household. On June 20, 2023, the Reporting Person and the Reporting Person's spouse were granted RSUs subject to vesting equally over three years starting on March 31, 2024. On June 20, 2023, the Reporting Person was granted RSUs subject to vesting according to specific milestones set by the Company's Board of Directors. The RSUs vest when milestones are achieved. One milestone (156,750) was achieved, and one milestone (156,750) was not achieved. Each restricted stock unit represents a right to receive one share of IGC common stock. On March 13, 2024, the Reporting Person was granted options exercisable at $0.26, vesting over three years starting in March 2025. On March 13, 2024, the Reporting Person was granted options exercisable at $0.26 vesting at the time that certain milestones set by the Board of Directors are achieved. /s/ Ram Mukunda 2024-03-18