FORM 3
        
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF 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 *

CRYSTAL ROGER

2. Date of Event Requiring Statement (MM/DD/YYYY)
12/10/2014 

3. Issuer Name and Ticker or Trading Symbol

Lightlake Therapeutics Inc. [LLTP]

(Last)        (First)        (Middle)

445 PARK AVENUE, 9TH FLOOR

4. 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 /

(Street)

NEW YORK, NY 10022       

(City)              (State)              (Zip)
5. 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 Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock par value $0.001   (1) 5000   D    

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(MM/DD/YYYY)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Option   12/31/2012   12/30/2022   Common Stock   25000   $12.00   D    
Option   12/31/2012   (2) 12/30/2017   Common Stock   85000   $15.00   D    
Warrant   12/31/2012   (2) 12/30/2017   Common Stock   40000   $15.00   D    
Option   12/31/2013   12/30/2023   Common Stock   75000   $6.00   D    
Option   5/1/2013   (3) 12/30/2023   Common Stock   200000   $8.00   D    
Option   5/1/2013   (4) 12/30/2023   Common Stock   175000   $10.00   D    
Option   8/1/2013   7/31/2023   Common Stock   50000   $15.00   D    
Option   8/1/2013   7/31/2023   Common Stock   50000   $20.00   D    
Option   6/15/2014   (5) 6/14/2024   Common Stock   150000   $5.00   D    
Option   6/15/2014   (5) 6/14/2024   Common Stock   200000   $8.00   D    
Option   10/27/2015   (6) 10/26/2025   Common Stock   500000   $7.25   D    

Explanation of Responses:
( 1)  This Form 3 is a late filing reporting the beneficial ownership of the Reporting Person as of 12/10/2014, the effective date of the Issuer's Form 8-A registration statement which registered the common stock of the Issuer for the first time under Section 12 of the Exchange Act. In December 2014, the Issuer effected a one-for-one hundred reverse stock split of its common stock (the "1:100 Reverse Stock Split"). Unless otherwise noted, all share amounts and exercise prices listed in this Form 3 been retroactively adjusted for the 1:100 Reverse Stock Split as if such stock splits occurred prior to the issuance of such shares, warrants, or options.
( 2)  These options and this warrant may only be exercised between the following dates: (i) the date on which the Company's price per share has traded at or above US$0.30 (set prior to the 1:100 Reverse Stock Split) for at least three (3) trading days out of any ten (10) consecutive trading days; and (ii) five years from the grant date.
( 3)  50,000 vested on 5/1/2013, 50,000 vested on 11/1/2013, and 100,000 vested on 12/31/2013. All expire 10 years after their respective vesting dates.
( 4)  25,000 vested on 5/1/2013, 25,000 vested on 8/1/2013; 25,000 vested on 11/1/13, and 100,000 vested on 12/31/13. All expire 10 years after their respective vesting dates.
( 5)  These options may only be exercised between the following dates: (i) the first to occur of: (A) the commencement of the next trial with respect to the opioid overdose reversal treatment; (B) the entrance into a distribution, licensing, royalty, partnership, collaboration, or other significant transaction with respect to the opioid overdose reversal treatment; or (C) the filing of a New Drug Application with the U.S. Food and Drug Administration with respect to the opioid overdose reversal treatment; and (ii) the Expiration Date.
( 6)  These options may only be exercised between the following dates: (i) the first to occur of: (A) the commencement of three trials on or subsequent to October 23, 2015; or (B) (1) the approval by the U.S. Food and Drug Administration of the New Drug Application with respect to the opioid overdose reversal treatment; and (2) the commencement of two trials on or subsequent to October 23, 2015; and (ii) the Expiration Date.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
CRYSTAL ROGER
445 PARK AVENUE, 9TH FLOOR
NEW YORK, NY 10022
X X Chief Executive Officer

Signatures
/s/ Dr. Roger Crystal 10/29/2015
** 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 5(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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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