Capnia, Inc. 4
4 · Capnia, Inc. · Filed Mar 10, 2017
Insider Transaction Report
Form 4
Capnia, Inc.CAPN
TP MANAGEMENT VII LLC
10% Owner
Transactions
- Purchase
Common Stock
2017-03-07+77,752→ 6,904,925 total(indirect: See Footnote)
Footnotes (2)
- [F1]The shares were purchased by the reporting person in a private transaction between the reporting person and a former shareholder of Essentialis in exchange for cash to be used to satisfy certain withholding obligations of the shareholder, based on the closing price per share of Issuer common stock on March 7, 2017 of $0.68.
- [F2]The shares are held directly by Technology Partners Fund VII, L.P. ("Technology Partners VII"). The Reporting Person is the sole general partner of Technology Partners VII, and may be deemed to beneficially own such shares. The Reporting Person holds voting and dispositive power with respect to the securities held by Technology Partners VII. James Glasheen, Sheila Mutter, Roger Quy, Ira Ehrenpreis, and Ted Ardell, and certain other individuals are members of the Reporting Person and disclaim beneficial ownership of the securities held by Technology Partners VII except to the extent of any pecuniary interest therein.