4//SEC Filing
Bisgaard Peter 4
Accession 0000899243-20-029078
CIK 0001719395other
Filed
Oct 21, 8:00 PM ET
Accepted
Oct 22, 7:41 PM ET
Size
24.3 KB
Accession
0000899243-20-029078
Insider Transaction Report
Form 4
Eargo, Inc.EAR
Bisgaard Peter
Director
Transactions
- Conversion
Series D Preferred Stock
2020-10-20−3,738→ 0 total→ Common Stock (4,660 underlying) - Conversion
Series E Preferred Stock
2020-10-20−849,858→ 0 total(indirect: See Footnote)→ Common Stock (849,858 underlying) - Conversion
Common Stock
2020-10-20+41,969→ 41,969 total - Purchase
Common Stock
2020-10-20$18.00/sh+222,222$3,999,996→ 2,886,724 total(indirect: See footnotes) - Conversion
Series C Preferred Stock
2020-10-20−1,330,361→ 0 total(indirect: See Footnote)→ Common Stock (1,488,369 underlying) - Conversion
Series D Preferred Stock
2020-10-20−261,701→ 0 total(indirect: See Footnote)→ Common Stock (326,275 underlying) - Conversion
Common Stock
2020-10-20+2,664,502→ 2,664,502 total(indirect: See footnote) - Conversion
Series C Preferred Stock
2020-10-20−11,086→ 0 total→ Common Stock (12,402 underlying) - Conversion
Series E Preferred Stock
2020-10-20−24,907→ 0 total→ Common Stock (24,907 underlying)
Footnotes (6)
- [F1]The Series C Preferred Stock automatically converted into shares of Common Stock on a 1:1.118772093 basis immediately prior to the completion of the Issuer's initial public offering of Common Stock and had no expiration date.
- [F2]The Series D Preferred Stock automatically converted into shares of Common Stock on a 1:1.246748888 basis immediately prior to the completion of the Issuer's initial public offering of Common Stock and had no expiration date.
- [F3]The Series E Preferred Stock automatically converted into shares of Common Stock on a 1:1 basis immediately prior to the completion of the Issuer's initial public offering of Common Stock and had no expiration date.
- [F4]These shares are held directly by Pivotal Alpha Limited ("Pivotal"). Investment and voting decisions by Pivotal are made jointly by the executive committee of Nan Fung Group Holdings Limited (the "NFGHL Executive Committee"), which indirectly owns Pivotal. Kam Chung Leung, Frank Kai Shui Seto, Vincent Sai Sing Cheung, Pui Kuen Cheung, Kin Ho Kwok, Vanessa Tih Lin Cheung, Meng Gao and Chun Wai Nelson Tang are each on the NFGHL Executive Committee. Mr. Bisgaard is a Managing Partner of Pivotal Bioventure Partners LLC, which is affiliated with Pivotal, and disclaims beneficial ownership of all applicable shares except to the extent of his actual pecuniary interest in such shares.
- [F5]Includes 2,664,502 shares held directly by Pivotal Alpha Limited ("Pivotal") and 222,222 shares held directly by Permwell Management Limited ("Permwell"). Investment and voting decisions by Pivotal are made jointly by the executive committee of Nan Fung Group Holdings Limited (the "NFGHL Executive Committee"), which indirectly owns Pivotal and Permwell. Investment decisions by Permwell are generally made by Nan Fung Trinity (HK) Limited, which is indirectly owned by Nan Fung Group Holdings Limited. Voting decisions by Permwell are made by the NFGHL Executive Committee.
- [F6](Continued from footnote 5) Kam Chung Leung, Frank Kai Shui Seto, Vincent Sai Sing Cheung, Pui Kuen Cheung, Kin Ho Kwok, Vanessa Tih Lin Cheung, Meng Gao and Chun Wai Nelson Tang are each on the NFGHL Executive Committee. Mr. Bisgaard is a Managing Partner of Pivotal Bioventure Partners LLC, which is affiliated with Pivotal and Permwell, and disclaims beneficial ownership of all applicable shares except to the extent of his actual pecuniary interest in such shares.
Documents
Issuer
Eargo, Inc.
CIK 0001719395
Entity typeother
Related Parties
1- filerCIK 0001606387
Filing Metadata
- Form type
- 4
- Filed
- Oct 21, 8:00 PM ET
- Accepted
- Oct 22, 7:41 PM ET
- Size
- 24.3 KB