LLR Capital IV, LLC 4
4 · Phreesia, Inc. · Filed Jul 24, 2019
Insider Transaction Report
Form 4
LLR Capital IV, LLC
10% Owner
Transactions
- Conversion
Senior B Preferred Stock
2019-07-22−2,591,062→ 0 total(indirect: See Footnote)→ Common Stock (1,179,192 underlying) - Conversion
Common Stock
2019-07-22+222,887→ 222,887 total(indirect: See Footnote) - Sale
Common Stock
2019-07-22$18.00/sh−712,065$12,817,170→ 5,533,962 total(indirect: See Footnote) - Sale
Common Stock
2019-07-22$18.00/sh−31,323$563,814→ 243,436 total(indirect: See Footnote) - Conversion
Senior A Preferred Stock
2019-07-22−11,133,455→ 0 total(indirect: See Footnote)→ Common Stock (5,066,835 underlying) - Conversion
Common Stock
2019-07-22+5,066,835→ 5,066,835 total(indirect: See Footnote) - Conversion
Common Stock
2019-07-22+51,872→ 274,759 total(indirect: See Footnote) - Conversion
Common Stock
2019-07-22+1,179,192→ 6,246,027 total(indirect: See Footnote) - Conversion
Senior A Preferred Stock
2019-07-22−489,756→ 0 total(indirect: See Footnote)→ Common Stock (222,887 underlying) - Conversion
Senior B Preferred Stock
2019-07-22−113,980→ 0 total(indirect: See Footnote)→ Common Stock (51,872 underlying)
Footnotes (4)
- [F1]Upon the closing of the Issuer's initial public offering, all shares of Senior A Preferred Stock automatically converted into shares of Common Stock of the Issuer on a one-for-2.1973 basis. The Senior A Preferred Stock had no expiration date.
- [F2]Shares held directly by LLR Equity Partners IV, L.P. LLR Capital IV, L.P. is the general partner of LLR Equity Partners IV, L.P. LLR Capital IV, LLC is the general partner of LLR Capital IV, L.P. Each of these entities expressly disclaims beneficial ownership of the shares listed above except to the extent of any pecuniary interest therein.
- [F3]Shares held directly by LLR Equity Partners Parallel IV, L.P. LLR Capital IV, L.P. is the general partner of LLR Equity Partners Parallel IV, L.P. LLR Capital IV, LLC is the general partner of LLR Capital IV, L.P. Each of these entities expressly disclaims beneficial ownership of the shares listed above except to the extent of any pecuniary interest therein.
- [F4]Upon the closing of the Issuer's initial public offering, all shares of Senior B Preferred Stock automatically converted into shares of Common Stock of the Issuer on a one-for-2.1973 basis. The Senior B Preferred Stock had no expiration date.