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4//SEC Filing

PALLARES EBETUEL 4

Accession 0000899243-19-024082

CIK 0001274737other

Filed

Sep 22, 8:00 PM ET

Accepted

Sep 23, 9:45 PM ET

Size

16.5 KB

Accession

0000899243-19-024082

Insider Transaction Report

Form 4
Period: 2019-09-19
Transactions
  • Conversion

    Series F Redeemable Convertible Preferred Stock

    2019-09-237,970,6860 total(indirect: See footnote)
    Common Stock (43,405 underlying)
  • Exercise of In-Money

    Warrants

    2019-09-19$14.32/sh3,839$54,9880 total(indirect: See footnote)
    Exercise: $14.32Common Stock (3,839 underlying)
  • Exercise of In-Money

    Common Stock

    2019-09-19$14.32/sh+3,839$54,9884,018 total(indirect: See footnote)
  • Tax Payment

    Common Stock

    2019-09-19$18.58/sh2,960$54,9971,058 total(indirect: See footnote)
  • Conversion

    Series E Redeemable Convertible Preferred Stock

    2019-09-234,423,3710 total(indirect: See footnote)
    Common Stock (77,204 underlying)
  • Conversion

    Common Stock

    2019-09-23+120,609121,667 total(indirect: See footnote)
Footnotes (5)
  • [F1]The shares reported on this form are held of record by PCM/Exagen, L.P. ("PCM"). Ebetuel Pallares is a co-manager of PCM. As a result, each of PCM and Dr. Pallares may be deemed to share beneficial ownership of the shares held of record by PCM.
  • [F2]The warrants are currently exercisable and will terminate upon closing of the Issuer's initial public offering.
  • [F3]Represents warrants that previously entitled the holders to purchase Series E Redeemable Convertible Preferred Stock, which, pursuant to their terms, were settled in shares of the Issuer's Common Stock.
  • [F4]The Series E Redeemable Convertible Preferred Stock (the "Series E") is convertible into the Issuer's Common Stock on a 57.294-for-one basis at the holder's election and has no expiration date. The Series E automatically converted into Common Stock upon the closing of the Issuer's initial public offering.
  • [F5]The Series F Redeemable Convertible Preferred Stock ("Series F") is convertible into the Issuer's Common Stock on a 183.635-for-one basis at the holder's election and has no expiration date. The Series F automatically converted into Common Stock upon the closing of the Issuer's initial public offering.

Issuer

EXAGEN INC.

CIK 0001274737

Entity typeother

Related Parties

1
  • filerCIK 0001614597

Filing Metadata

Form type
4
Filed
Sep 22, 8:00 PM ET
Accepted
Sep 23, 9:45 PM ET
Size
16.5 KB