SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Longboard Capital Advisors, LLC

(Last) (First) (Middle)
1312 CEDAR ST.

(Street)
SANTA MONICA CA 90405

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
ENDRA Life Sciences Inc. [ NDRA ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director X 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
10/22/2018
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
X 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. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction 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 10/22/2018 10/22/2018 S 50,200 D $4.1649 379,237 I See footnote(1)
Common Stock 10/23/2018 10/23/2018 S 50,000 D $4.2177 329,237 I See footnote(1)
Common Stock 10/24/2018 10/24/2018 S 30,000 D $4.1761 299,237 I See footnote(2)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction 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 (Month/Day/Year) 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: 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
1. Name and Address of Reporting Person*
Longboard Capital Advisors, LLC

(Last) (First) (Middle)
1312 CEDAR ST.

(Street)
SANTA MONICA CA 90405

(City) (State) (Zip)
1. Name and Address of Reporting Person*
Conrad Brett

(Last) (First) (Middle)
1312 CEDAR ST.

(Street)
SANTA MONICA CA 90405

(City) (State) (Zip)
Explanation of Responses:
1. Longboard Capital Advisors, LLC is the Investment Manager of Grayboard Investments, Ltd. Grayboard Investments Ltd. sold 100,200 shares of Common Stock in Endra Life Sciences, Inc. Grayboard Investments, Ltd. now owns 110,338 shares of Common Stock in Endra Life Sciences, Inc.
2. Longboard Capital Advisors, LLC is the General Partner of Blue Earth Fund, LP. Blue Earth Fund, LP sold 30,000 shares of Common Stock in Endra Life Sciences, Inc. Blue Earth Fund, LP now owns 188,899 shares of Common Stock in Endra Life Sciences, Inc. The total amount of Common Stock owned by Blue Earth Fund, LP is Grayboard Investments, Ltd. and Blue Earth Fund, LP is 299, 237. There was no change in the amount of Warrants to purchase Common Stock as previously reported.
/s/ Brett Conrad signing for Longboard Capital Advisors, LLC 10/24/2018
/s/ Brett Conrad 10/24/2018
** 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).
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