Home/Filings/4/0001005477-07-000659
4//SEC Filing

Molecular Insight Pharmaceuticals, Inc. 4

Accession 0001005477-07-000659

CIK 0001340752operating

Filed

Feb 4, 7:00 PM ET

Accepted

Feb 5, 3:03 PM ET

Size

17.7 KB

Accession

0001005477-07-000659

Insider Transaction Report

Form 4
Period: 2007-02-01
FRANK DANIEL
Director
Transactions
  • Conversion

    Common Stock, par value $0.01 per share

    2007-02-01+12,626139,113 total
  • Conversion

    Common Stock Purchase Warrant (right to buy)

    2007-02-01$3.96/sh12,626$49,9990 total
    From: 2004-03-04Exp: 2011-09-28Common Stock, par value $0.01 per share (12,262 underlying)
  • Conversion

    Common Stock, par value $0.01 per share

    2007-02-01+72,12072,120 total
  • Conversion

    Series C Convertible Preferred Stock

    2007-02-011,4880 total
    From: 2005-03-29Common Stock, par value $0.01 per share (54,367 underlying)
  • Conversion

    Common Stock, par value $0.01 per share

    2007-02-01+54,367126,487 total
  • Conversion

    Series B Convertible Preferred Stock

    2007-02-011,8940 total
    From: 2004-03-04Common Stock, par value $0.01 per share (72,120 underlying)
Footnotes (5)
  • [F1]This Form 4 is being filed in connection with an initial public offering ("IPO") by Molecular Insight Pharmaceuticals, Inc. (the "Company"). Daniel Frank is a director of Molecular Insight Pharmaceuticals, Inc. (the "Company"). Mr. Frank owns (i) 139,113 shares of the common stock of the Company, par value $0.01 per share (the "Shares") and (ii) stock options to purchase 8,333 Shares (the "Options") which are currently exercisable or which are exercisable within 60 days of the date of this Form 4. Mr. Frank is a Managing Director of Cerberus Capital Management, L.P., an affiliate of which, Cerberus Partners, L.P., owns certain securities of the Company, all of which are subject to the sole voting and investment authority of Stephen Feinberg.
  • [F2]Mr. Feinberg, in his capacity as the holder of sole voting and investment authority of more than 10.0% of the Shares pursuant to Reg. 13d-3, separately files statements pursuant to Sections 13 and 16 of the Securities Exchange Act of 1934, as amended. Mr. Frank does not exercise any voting, investment or other authority with respect to the Shares separately reported by Mr. Feinberg and he disclaims beneficial ownership thereof.
  • [F3]Prior to consummation of the IPO, Mr. Frank owned 1,894 shares of the Series B Convertible Preferred Stock of the Company, par value $0.01 per share (the "Series B Preferred Stock"). The Series B Preferred Stock has no expiration date. In connection with the IPO, the Series B Preferred Stock automatically converted into 72,120 Shares, which number of Shares includes accrued and unpaid dividends on the Series B Preferred Stock.
  • [F4]Prior to consummation of the IPO, Mr. Frank owned 1,488 shares of the Series C Convertible Preferred Stock of the Company, par value $0.01 per share (the "Series C Preferred Stock"). The Series C Preferred Stock has no expiration date. In connection with the IPO, the Series C Preferred Stock automatically converted into 54,367 Shares, which number of Shares includes accrued and unpaid dividends on the Series C Preferred Stock.
  • [F5]Prior to consummation of the IPO, Mr. Frank owned a Common Stock Purchase Warrant (the "2004 Warrant") to acquire 12,626 Shares. In connection with the IPO, the 2004 Warrant was exercised for 12,626 Shares.

Issuer

Molecular Insight Pharmaceuticals, Inc.

CIK 0001340752

Entity typeoperating
IncorporatedMA

Related Parties

1
  • filerCIK 0001340752

Filing Metadata

Form type
4
Filed
Feb 4, 7:00 PM ET
Accepted
Feb 5, 3:03 PM ET
Size
17.7 KB