4//SEC Filing
InterWest Partners IX, LP 4
Accession 0000899243-19-027153
CIK 0001409269other
Filed
Nov 11, 7:00 PM ET
Accepted
Nov 12, 9:01 PM ET
Size
13.6 KB
Accession
0000899243-19-027153
Insider Transaction Report
Form 4
NASR KHALED
10% Owner
Transactions
- Conversion
Common Stock
2019-11-07+301,605→ 658,657 total - Conversion
Unsecured Subordinated Convertible Promissory Note
2019-11-07→ 0 totalExp: 2020-08-28→ Common Stock (301,605 underlying)
Transactions
- Conversion
Unsecured Subordinated Convertible Promissory Note
2019-11-07→ 0 totalExp: 2020-08-28→ Common Stock (301,605 underlying) - Conversion
Common Stock
2019-11-07+301,605→ 658,657 total
InterWest Partners IX, LP
10% Owner
Transactions
- Conversion
Unsecured Subordinated Convertible Promissory Note
2019-11-07→ 0 totalExp: 2020-08-28→ Common Stock (301,605 underlying) - Conversion
Common Stock
2019-11-07+301,605→ 658,657 total
ORONSKY ARNOLD L
10% Owner
Transactions
- Conversion
Common Stock
2019-11-07+301,605→ 658,657 total - Conversion
Unsecured Subordinated Convertible Promissory Note
2019-11-07→ 0 totalExp: 2020-08-28→ Common Stock (301,605 underlying)
Footnotes (4)
- [F1]Received in connection with the Agreement and Plan of Merger and Reorganization dated March 15, 2019, among the Issuer (formerly known as Restoration Robotics, Inc.), Radiant Merger Sub Ltd, an entity organized under the laws of Israel and Venus Concept Ltd, an entity organized under the laws of Israel (the "Merger"), upon the conversion of the outstanding principal and any accrued and unpaid interest of an 8% Convertible Promissory Notes issued by Venus Concept Inc., dated as of February 28, 2019 in the original principal amount of $2,000,000.00 and accrued interest income of $110,027.40. Share data reported herein reflects the 1-for-15 reverse stock split that occurred after the note conversion on November 7, 2019.
- [F2]The securities are directly held by InterWest Partners IX, LP ("IW9"). InterWest Management Partners IX, LLC ("IMP9") as the general partner of IW9, may be deemed to beneficially own the shares held by IW9. Arnold L. Oronsky and Gilbert H. Kliman are Managing Directors of IMP9, and Khaled A. Nasr is a Venture Member of IMP9. Gilbert H. Kliman is also a Director of the Issuer, and has filed a separate Form 4 in his own name. Each of the foregoing persons may be deemed to beneficially own the shares held by IW9, and each foregoing person disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein. IW9 ceased to be a 10% owner upon closing of the Merger.
- [F3]This Unsecured Subordinated Convertible Promissory Note was converted with a conversion price of $0.4664 prior to the 1-for-15 reverse stock split that occurred on November 7, 2019.
- [F4]This Unsecured Subordinated Convertible Promissory Note converted upon the consummation of the Merger, pursuant to its terms.
Documents
Issuer
Venus Concept Inc.
CIK 0001409269
Entity typeother
IncorporatedCA
Related Parties
1- filerCIK 0001398928
Filing Metadata
- Form type
- 4
- Filed
- Nov 11, 7:00 PM ET
- Accepted
- Nov 12, 9:01 PM ET
- Size
- 13.6 KB