Novan, Inc. 4
4 · Novan, Inc. · Filed Sep 28, 2016
Insider Transaction Report
Form 4
Novan, Inc.NOVN
HUNTER F NEAL
10% Owner
Transactions
- Conversion
Common Stock
2016-09-26+478,280→ 478,280 total(indirect: See Footnote) - Conversion
Series 2 Preferred Stock
2016-09-26−379,307→ 0 total→ Common Stock (379,307 underlying) - Conversion
Series 1 Preferred Stock
2016-09-26−329,938→ 0 total→ Common Stock (329,938 underlying) - Conversion
Common Stock
2016-09-26+1,043,630→ 1,043,630 total - Conversion
Series 1 Preferred Stock
2016-09-26−478,280→ 0 total(indirect: See Footnote)→ Common Stock (478,280 underlying) - Conversion
Series 4 Preferred Stock
2016-09-26−87,033→ 0 total→ Common Stock (87,033 underlying) - Conversion
Mezzanine A Stock
2016-09-26−98,467→ 0 total→ Common Stock (98,467 underlying) - Conversion
Series 3 Preferred Stock
2016-09-26−148,885→ 0 total→ Common Stock (148,885 underlying)
Footnotes (2)
- [F1]Includes (i) 239,140 shares of Series One preferred stock held by of T.D.H. One, LLC and (ii) 239,140 shares of Series One preferred stock held by T.D.H. Two, LLC. Mr. Hunter is the manager and majority equity holder of T.D.H. One, LLC and T.D.H. Two, LLC and has voting and investment power over such shares of preferred stock held by T.D.H. One, LLC and T.D.H. Two, LLC.
- [F2]The preferred stock automatically converted into common stock on a 1-to-1 basis upon the closing of the Issuer's initial public offering.