4//SEC Filing
ROPER JESS 4
Accession 0000899243-22-016097
CIK 0000811240other
Filed
May 1, 8:00 PM ET
Accepted
May 2, 1:45 PM ET
Size
6.0 KB
Accession
0000899243-22-016097
Insider Transaction Report
Form 4
BIOLASE, INCBIOL
ROPER JESS
Director
Transactions
- Disposition to Issuer
Series G Preferred Stock
2022-04-28−345.863→ 0 total
Footnotes (2)
- [F1]On March 1, 2022, the Company's board of directors (the "Board") declared a dividend of one one-thousandth of a share of Series G Preferred Stock, par value $0.001 per share ("Preferred Stock"), for each outstanding share of Company Common Stock to stockholders of record at 5:00 p.m. Eastern Time on March 25, 2022 (the "Record Date"), in a transaction exempt from Section 16 under Rule 16a-9. The shares of Preferred Stock were distributed on March 25, 2022. As a result, the Reporting Person received 345.863 shares of Preferred Stock. The Preferred Stock is not convertible into, or exchangeable for, shares of any other class or series of stock or other securities of the Company.
- [F2]On April 28, 2022, these shares of Preferred Stock were redeemed automatically in accordance with the certificate of designation for the shares of Preferred Stock. Each share of Preferred Stock was redeemed in consideration for the right to receive an amount equal to $0.01 in cash for each ten whole shares of Preferred Stock, with any remaining shares (of less than 10) receiving no cash.
Documents
Issuer
BIOLASE, INC
CIK 0000811240
Entity typeother
Related Parties
1- filerCIK 0001408993
Filing Metadata
- Form type
- 4
- Filed
- May 1, 8:00 PM ET
- Accepted
- May 2, 1:45 PM ET
- Size
- 6.0 KB