Sec Form 13D Filing - Westphal Christoph H filing for SALARIUS PHARMACEUTICALS INC C (SLRX) - 2018-12-21

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934
(Amendment No. 1)*

(Name of Issuer)

(Title of Class of Securities)

(CUSIP Number)

(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)

(Date of Event Which Requires Filing of this Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. o

Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7 for other parties to whom copies are to be sent.

* The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

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Explanatory Note:   This Amendment No. 1 to Schedule 13D is being filed by Christoph Westphal, M.D., Ph.D. (the “Reporting Person”), pursuant to § 240.13d-2(a), to amend the Schedule 13D filed by the Reporting Person on October 26, 2018 (the “Existing Schedule 13D”) relating to the Common Stock $0.0001 par value per share (the “Common Stock”) of Flex Pharma, Inc. (the “Issuer”). The purpose of this amendment is to reflect the shares of Common Stock gifted by the Reporting Person on November 6, 2018 and December 20, 2018. Except as set forth below, all Items of the Existing Schedule 13D remain unchanged. All capitalized terms not otherwise defined herein shall have the meanings ascribed to such terms in the Existing Schedule 13D.

Item 1.                                 Security and Issuer.

There are no amendments to Item 1 of the Existing Schedule 13D.

Item 2.                                 Identity and Background.

There are no amendments to Item 2 of the Existing Schedule 13D.

Item 3.                                 Source and Amount of Funds or Other Consideration.

There are no amendments to Item 3 of the Existing Schedule 13D.

Item 4.                                 Purpose of Transaction.

As a result of the transactions listed in item 5(c) to this Schedule 13D, the Reporting Person no longer holds 5% of the outstanding shares of Common Stock.

Item 5.                                 Interest in Securities of the Issuer.

(a)(b)
The aggregate percentage of shares of Common Stock reported beneficially owned by the Reporting Person is determined in accordance with SEC rules and is based upon 18,069,476 shares of the Issuer’s Common Stock outstanding as of October 31, 2018, as set forth on the cover page of the Issuer’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2018. As of the close of business on December 20, 2018, the Reporting Person beneficially owned 882,818 shares of Common Stock, representing approximately 4.89% of the outstanding shares of Common Stock. 844,627 of these shares are directly held by the Reporting Person, 22,321 are directly held by The Christoph H. Westphal Revocable Trust of 2007 and 15,870 are directly held by The Christoph Westphal Roth IRA.

(c)

As a result of the gifts made on November 6, 2018 and December 20, 2018, the Reporting Person no longer beneficially owns 5% of the outstanding shares of Common Stock of the Issuer.

Item 6.                                 Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer.

There are no amendments to Item 6 of the Existing Schedule 13D.

Item 7.                                 Material to be Filed as Exhibits.

There are no amendments to Item 6 of the Existing Schedule 13D.

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SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

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