4//SEC Filing
Ma-Weaver Jacob 4
Accession 0000921895-22-003245
CIK 0000907654other
Filed
Dec 18, 7:00 PM ET
Accepted
Dec 19, 5:33 PM ET
Size
14.9 KB
Accession
0000921895-22-003245
Insider Transaction Report
Form 4
Funicular Funds, LP
10% OwnerOther
Transactions
- Exercise of In-Money
Common Stock
2022-12-16$2.50/sh+1,420,000$3,550,000→ 4,000,452 total - Exercise of In-Money
Put Option
2022-12-16−14,200→ 30,000 totalExercise: $2.50From: 2022-12-16Exp: 2022-12-16→ Common Stock (1,420,000 underlying) - Expiration
Put Option
2022-12-16−300→ 0 totalExercise: $2.50From: 2022-12-16Exp: 2022-12-16→ Common Stock (30,000 underlying) - Award
Stock Option (right to buy)
2022-12-15+6,000→ 18,000 totalExercise: $2.32Exp: 2032-12-15→ Common Stock (6,000 underlying)
Ma-Weaver Jacob
Other
Transactions
- Exercise of In-Money
Common Stock
2022-12-16$2.50/sh+1,420,000$3,550,000→ 4,000,452 total - Award
Stock Option (right to buy)
2022-12-15+6,000→ 18,000 totalExercise: $2.32Exp: 2032-12-15→ Common Stock (6,000 underlying) - Exercise of In-Money
Put Option
2022-12-16−14,200→ 30,000 totalExercise: $2.50From: 2022-12-16Exp: 2022-12-16→ Common Stock (1,420,000 underlying) - Expiration
Put Option
2022-12-16−300→ 0 totalExercise: $2.50From: 2022-12-16Exp: 2022-12-16→ Common Stock (30,000 underlying)
Footnotes (4)
- [F1]This Form 4 is filed by Funicular Funds, LP (the "Fund") and Jacob Ma-Weaver ("Mr. Ma-Weaver" and together with the Fund, the "Reporting Persons"). The Reporting Persons, the Funicular Fund ("Funicular") and Cable Car Capital LLC ("Cable Car") may be deemed to be a member of a Section 13(d) group that may be deemed to collectively beneficially own more than 10% of the Issuer's outstanding shares of Common Stock. The Reporting Persons, Funicular and Cable Car disclaim beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein.
- [F2]Represents securities directly owned by the Fund. Funicular, as a feeder fund to the Fund, may be deemed to beneficially own the securities directly ownedby the Fund. Cable Car, as the general partner of the Fund, may be deemed to beneficially own the securities directly owned by the Fund. Mr. Ma-Weaver, asthe Managing Member of Cable Car, may be deemed to beneficially own the securities directly owned by the Fund.
- [F3]Grant to Mr. Ma-Weaver of a stock option under the 2020 Equity Incentive Plan (the "Plan"), vesting in 12 equal monthly installments beginning as of December 15, 2022. If Mr. Ma-Weaver's service as a director of the Issuer terminates in connection with or at any time following a change in control (for whatever reason), then any unexpired options that remain unvested shall become fully vested.
- [F4]Pursuant to the terms of the Plan, the stock option may not be transferred. Upon vesting, Mr. Ma-Weaver intends on exercising the option and assigning the underlying shares to the Fund.
Documents
Issuer
ARCA biopharma, Inc.
CIK 0000907654
Entity typeother
Related Parties
1- filerCIK 0001922140
Filing Metadata
- Form type
- 4
- Filed
- Dec 18, 7:00 PM ET
- Accepted
- Dec 19, 5:33 PM ET
- Size
- 14.9 KB