BVP GP LLC 4
4 · NUPATHE INC. · Filed Feb 20, 2013
Insider Transaction Report
Form 4
NUPATHE INC.PATH
BVP GP LLC
10% Owner
Transactions
- Conversion
Series A Preferred Stock
2013-02-01−100→ 0 total→ Common Stock (100,000 underlying) - Conversion
Series A Preferred Stock
2013-02-01−900→ 0 total→ Common Stock (900,000 underlying) - Conversion
Common Stock, par value $0.001 per share
2013-02-01+900,000→ 2,333,429 total - Conversion
Common Stock, par value $0.001 per share
2013-02-01+100,000→ 2,433,429 total
Footnotes (5)
- [F1]Reflects the conversion of 900 shares of Series A Preferred Stock of the Issuer acquired by the holder on October 23, 2012, which were convertible at any time at the option of the holder. Each 1/1000 of a share of Series A Preferred Stock was convertible into such number of shares of Common Stock equal to (i) $2.00 divided by the conversion price then in effect (which conversion price is initially equal to $2.00), plus (ii) an amount equal to all accrued but unpaid dividends on such fractional share dividend by the closing price of Common Stock on the trading day immediately preceding the date of conversion, unless the Issuer elected to pay the dividend amount on each upon conversion. The Series A Preferred Stock had no expiration date.
- [F2]Reflects the securities of the Issuer owned directly by Battelle Ventures, L.P. ("BVLP"), of which BVP GP, LLC ("BVPGP") is the general partner. For purposes of this Form 4, BVPGP disclaims ownership of the securities owned by BVLP, except to the extent of its pecuniary interest therein.
- [F3]BVPGP and IVP GP, LLC ("IVPGP) are under common control; however, under the "rule of three", there are no other beneficial owners.
- [F4]Reflects the conversion of 100 shares of Series A Preferred Stock of the Issuer acquired by the holder on October 23, 2012, which were convertible at any time at the option of the holder. Each 1/1000 of a share of Series A Preferred Stock was convertible into such number of shares of Common Stock equal to (i) $2.00 divided by the conversion price then in effect (which conversion price is initially equal to $2.00), plus (ii) an amount equal to all accrued but unpaid dividends on such fractional share dividend by the closing price of Common Stock on the trading day immediately preceding the date of conversion, unless the Issuer elected to pay the dividend amount on each upon conversion. The Series A Preferred Stock had no expiration date.
- [F5]Reflects the securities of the Issuer owned directly by Innovation Valley Partners, L.P. ("IVP"), of which IVPGP is the general partner. For purposes of this Form 4, IVPGP disclaims ownership of the securities owned by IVP, except to the extent of its pecuniary interest therein.