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	OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5
	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* Eastern Capital LTD (Last) (First) (Middle) 10 MARKET STREET, #773 CAMANA BAY (Street) GRAND CAYMAN E9 KY1-9006 (City) (State) (Zip)	2. Issuer Name and Ticker or Trading Symbol TAPIMMUNE INC [ TPIV ]	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) 05/28/2015
	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								5,000,000(1)	D

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
Series A-1 Warrant(1)	$1.5	05/28/2015		J(2)			5,000,000	03/09/2015	03/09/2020	Common Stock	5,000,000	(2)	0	D
Series A-1 Warrant	$0.1	05/28/2015		J(2)		5,000,000		11/28/2015	03/09/2020	Common Stock	5,000,000	(2)	1	D
Series B-1 Warrant(1)	$0.4	05/28/2015		J(3)			5,000,000	03/09/2015	09/09/2015	Common Stock	5,000,000	(3)	0	D
Series B-1 Warrant	$0.2	05/28/2015		J(3)		10,000,000		03/09/2015	09/09/2015	Common Stock	10,000,000	(3)	1	D
Series C-1 Warrant(1)	$1	05/28/2015		J(4)			5,000,000	03/09/2015	03/09/2020	Common Stock	5,000,000	(4)	0	D
Series C-1 Warrant	$0.5	05/28/2015		J(4)		10,000,000		03/09/2015	03/09/2020	Common Stock	10,000,000	(4)	1	D
Series D-1 Warrant(1)	$0.75							(5)	(5)	Common Stock	5,000,000		1	D
Series E-1 Warrant(1)	$1.25							(6)	(6)	Common Stock	5,000,000		1	D

1. Name and Address of Reporting Person* Eastern Capital LTD (Last) (First) (Middle) 10 MARKET STREET, #773 CAMANA BAY (Street) GRAND CAYMAN E9 KY1-9006 (City) (State) (Zip)

1. Name and Address of Reporting Person* Portfolio Services Ltd. (Last) (First) (Middle) 10 MARKET STREET, # 773 CAMANA BAY (Street) GRAND CAYMAN E9 KY1-9006 (City) (State) (Zip)

1. Name and Address of Reporting Person* DART KENNETH BRYAN (Last) (First) (Middle) P.O. BOX 31300 (Street) GRAND CAYMAN E9 KY1-1206 (City) (State) (Zip)

Explanation of Responses:

1. The reported securities are included within 5,000,000 Units, each Unit originally consisting of one share of common stock, one Series A-1 Warrant, one Series B-1 Warrant, one Series C-1 Warrant, one Series D-1 Warrant and one Series E-1 Warrant.

2. Each Series A-1 Warrant originally allowed the reporting persons to acquire up to 5,000,000 shares of common stock of the Issuer at an exercise price per share of $1.50 during the exercise period from March 9, 2015 until March 9, 2020. Pursuant to the Restructuring Agreement effective May 28, 2015, each Series A-1 Warrant was amended to reduce the exercise price per share to $0.10 and also to provide that the warrants are exercisable during the exercise period from November 28, 2015 to March 9, 2020. No consideration was paid or received by the reporting persons in connection with the amendment.

3. Each Series B-1 Warrant originally allowed the reporting persons to acquire up to 5,000,000 shares of common stock of the Issuer at an exercise price per share of $0.40 during the exercise period from March 9, 2015 until September 9, 2015. Pursuant to the Restructuring Agreement effective May 28, 2015, Series B-1 Warrant was amended to reduce the exercise price per share to $0.20 and to allow the reporting persons to acquire up to 10,000,000 shares of common stock of the Issuer. The Issuer may force the exercise of Series B-1 Warrant in the event that the closing price of the common stock is above $0.50 for 10 consecutive trading days (subject to certain conditions including minimum trading volume requirements and the non-occurrence of an Equity Conditions Failure). No consideration was paid or received by the reporting persons in connection with the amendment.

4. Each Series C-1 Warrant originally allowed the reporting persons to acquire up to 5,000,000 shares of common stock of the Issuer at an exercise price per share of $1.00 during the exercise period from March 9, 2015 until March 9, 2020. Pursuant to the Restructuring Agreement effective May 28, 2015, Series-C-1 Warrant was amended to reduce the exercise price per share to $0.50 and to allow the reporting persons to acquire up to 10,000,000 shares of common stock of the Issuer. The Issuer may force the exercise of Series C-1 Warrant in the event that the closing price of the common stock is above $1.00 for 10 consecutive trading days (subject to certain conditions including minimum trading volume requirements and the non-occurrence of an Equity Conditions Failure). No consideration was paid or received by the reporting persons in connection with the amendment.

5. Each Series D-1 Warrant will be exercisable only if and to the extent that the Series B-1 Warrants are exercised and will expire on the five year anniversary of the date that the Series B-1 Warrant is initially exercised.

6. Each Series E-1 Warrant will be exercisable only if and to the extent that the Series C-1 Warrants are exercised, and will expire on the five year anniversary of the date that the Series C-1 Warrant is initially exercised.

Remarks:

Eastern Capital Limited is an investment entity that owns the securities reported on this Form 4. Portfolio Services Ltd. is a holding company which owns all of the outstanding stock of Eastern Capital Limited. Kenneth B. Dart is the beneficial owner of all of the outstanding stock of Portfolio Services Ltd.

	/s/ Eastern Capital Limited	06/01/2015
	/s/ Portfolio Services Ltd.	06/01/2015
	/s/ Kenneth B. Dart	06/01/2015
	** Signature of Reporting Person	Date
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