4//SEC Filing
ARADIGM CORP 4
Accession 0001012975-17-000287
CIK 0001013238operating
Filed
Apr 3, 8:00 PM ET
Accepted
Apr 4, 2:15 PM ET
Size
6.1 KB
Accession
0001012975-17-000287
Insider Transaction Report
Form 4
ARADIGM CORPARDM
Grifols SA
Director10% Owner
Transactions
- Purchase
9% Senior Convertible Notes due 2021
2016-04-21$19950000.00/sh(indirect: See footnote)→ Common Stock (3,829,175 underlying)
Footnotes (2)
- [F1]The Senior Convertible Notes are exercisable by the holder at any time prior to the close of business on the second business day immediately preceding May 1, 2021 (the maturity date for the Senior Convertible Notes). The conversion rate of the Senior Convertible Notes is 191.9386 shares of common stock for each $1,000 principal amount of Senior Convertible Notes, subject to adjustment, which represents a conversion price of approximately $5.21 per share of common stock.
- [F2]The Senior Convertible Notes are held by Grifols Worldwide Operations Limited, a wholly-owned subsidiary of the Reporting Person. The Reporting Person disclaims beneficial ownership of the Senior Convertible Notes except to the extent of its pecuniary interest.
Documents
Issuer
ARADIGM CORP
CIK 0001013238
Entity typeoperating
IncorporatedCA
Related Parties
1- filerCIK 0001013238
Filing Metadata
- Form type
- 4
- Filed
- Apr 3, 8:00 PM ET
- Accepted
- Apr 4, 2:15 PM ET
- Size
- 6.1 KB