Insider filing report for Changes in Beneficial Ownership
- Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
- Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
- Peter Lynch
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- Peter Lynch
What is insider trading>>
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 4)*
Lexaria Bioscience Corp.
(Name of Issuer)
Common Stock, Par Value $0.001
(Title of Class of Securities)
52886N
(CUSIP Number)
Robert B. Goldberg, Esq.
5555 Glenridge Connector, Suite 675
Atlanta, Georgia 30342
(404) 233-2800
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
August 31, 2024
(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
Sections 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check
the following box [ ].
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).
SCHEDULE 13D
CUSIP NO. 52886N
Cover Page
1
NAMES OF REPORTING PERSONS
Wayne W. Boos
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) [ ]
(b) [ ]
3
SEC USE ONLY
4
SOURCE OF FUNDS (See Instructions)
PF
5
CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
2(d) OR 2(e). [ ]
6
CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.A.
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING PERSON
WITH:
7
SOLE VOTING POWER
600,000
8
SHARED VOTING POWER
9
SOLE DISPOSITIVE POWER
600,000
10
SHARED DISPOSITIVE POWER
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
600,000
12
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES (See Instructions)
[ ]
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
3.795%1
14
TYPE OF REPORTING PERSON (See Instructions)
IN
SCHEDULE 13D
This Amendment No. 4 relates to the Schedule 13D filed with the
Securities and Exchange Commission on September 18, 2023, as amended
by Amendment No. 1 filed with the Securities and Exchange Commission
on February 14, 2024, as amended by Amendment No. 2 filed with the
Securities and Exchange Commission on April 25, 2024 and as amended
by Amendment No. 3 filed with the Securities and Exchange Commission
on August 6, 2024, relating to the Common Stock, Par Value $0.001
(the Common Stock) of Lexaria Bioscience Corp., a Nevada corporation
(the Company). The principal executive offices of the Company
are located at #100, 740 McCurdy Road, Kelowna, BC, Canada VIX 2P7.
Item 5 of the Schedule is hereby amended and supplemented as follows:
Item 5. Interest in Securities of the Issuer.
(a) As of August 31, 2024, Wayne W. Boos beneficially owns a
total of 600,000 shares of the Companys Common Stock which represent
approximately 3.795% of the outstanding Common Stock, based on 15,810,205
Common Stock outstanding as of July 12, 2024, as indicated by the Company.
The percentage of Mr. Boos ownership of Common Stock in the Company has
varied since the filing of Amendment No. 3 to this Schedule 13D as
Mr. Boos has (i) purchased additional shares of the Companys Common Stock
and (ii) he has sold shares of the Companys Common Stock.
(b) Nature of Ownership. Wayne W. Boos has the sole power to vote
and direct the disposition of all of the 600,000 shares reported as
beneficially owned by him.
(c) Recent Transactions. In the 60 days prior to August 31, 2024,
Wayne W. Boos (i) sold 533,531 shares of the Companys Common Stock for
an average price per share of $3.17 and (ii) acquired 113,531 shares of
the Companys Common Stock for an average price per share of $2.84
through his broker, Merrill Lynch.
(d) No other person has the right to receive or the power to direct
the receipt of the dividends from, or proceeds from the sale of, such
securities.
(e) Wayne W. Boos ceased to be the beneficial owner of more than
five percent of the Companys Common Stock on or about August 12, 2024,
when he sold a sufficient number of shares of the Companys Common Stock
previously owned by him to drop below an ownership percentage of five
percent.
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.
Date: September 20, 2024
/s/ Wayne W. Boos
Wayne W. Boos
1 Based on the 15,810,205 shares of Common Stock outstanding as of
July 12, 2024.