4//SEC Filing
Minerva Neurosciences, Inc. 4
Accession 0001104659-14-050852
$NERVCIK 0001598646operating
Filed
Jul 8, 8:00 PM ET
Accepted
Jul 9, 8:00 PM ET
Size
19.2 KB
Accession
0001104659-14-050852
Insider Transaction Report
Form 4
Ollier Michele
Director10% Owner
Transactions
- Conversion
Convertible Promissory Note
2014-07-07$6.00/sh−114,077$684,462→ 0 total(indirect: See Footnotes)Exercise: $6.00→ Convertible Promissory Note (114,077 underlying) - Conversion
Common Stock
2014-07-07$6.00/sh+61,922$371,532→ 3,664,805 total(indirect: See Footnotes) - Purchase
Common Stock
2014-07-07$6.00/sh+333,333$1,999,998→ 5,285,638 total(indirect: See Footnotes) - Conversion
Convertible Promissory Note
2014-07-07$6.00/sh−61,922$371,532→ 0 total(indirect: See Footnotes)Exercise: $6.00→ Convertible Promissory Note (61,922 underlying) - Conversion
Common Stock
2014-07-07$6.00/sh+114,077$684,462→ 3,602,883 total(indirect: See Footnotes) - Purchase
Common Stock
2014-07-07$6.00/sh+1,287,500$7,725,000→ 4,952,305 total(indirect: See Footnotes)
Footnotes (8)
- [F1]Index Venture Associates III Limited is the general partner of Index Ventures III (Jersey), L.P. ("IVIII Jersey"), Index Ventures III (Delaware), L.P. ("IVIII Delaware"), and Index Ventures III Parallel Entrepreneur Fund (Jersey) ("IVPEF III"). Yucca (Jersey) SLP as Administrator of the Index Co-Investment Scheme ("Yucca") acting through Ogier Employee Benefit Services Limited. Index Venture Associates IV Limited is the general partner of Index Ventures IV (Jersey) L.P. ("IVIV Jersey") and Index Ventures IV Parallel Entrepreneur Fund (Jersey) L.P. ("IVPEF IV"). Index Ventures Associates V Limited is the general partner of Index Ventures V Parallel Entrepreneur Fund (Jersey), L.P. ("IVPEF V") and Index Ventures V (Jersey), L.P. ("IVV Jersey").
- [F2]Michele Ollier, Director of the Issuer, is a partner of the Index Venture group which provides advisory services to the foregoing funds and Dr. Ollier disclaims beneficial ownership of all such shares held by the foregoing funds, except to the extent of her proportionate pecuniary interest therein. Index III, Index IV, Index V and Yucca (collectively, the "Index Entities") are members of a "group" for purposes of Section 13(d) of the Exchange Act.
- [F3]The issuer's convertible promissory notes automatically converted into a number of shares of Common Stock equal to the quotient of the aggregate outstanding principal amount and all accrued and unpaid interest due under the notes divided by $6.00.
- [F4]Consists of notes with a principal balance of $210,198.30 and interest accrued through July 6, 2014 of $11,149 convertible into 36,891 shares of Common Stock held by IVIII Jersey; notes with a principal balance of $426,995.40 and interest accrued through July 6, 2014 of $22,648 convertible into 74,940 shares of Common Stock held by IVIII Delaware; notes with a principal balance of $7,606.30 and interest accrued through July 6, 2014 of $403 convertible into 1,334 shares of Common Stock held by IVPEF III; and notes with a principal balance of $5,200 and interest accrued through July 6, 2014 of $276 convertible into 912 shares held by Yucca.
- [F5]Consists of notes with a principal balance of Euro 234,888.88 ($319,661.45, as converted) and interest accrued through July 6, 2014 of $16,955.19 convertible into 56,102 shares of Common Stock held by IVIV Jersey; notes with a principal balance of Euro 22,296.30 ($30,343.15, as converted) and interest accrued through July 6, 2014 of $1,609.43, convertible into 5,325 shares of Common Stock held by IVPEF IV; and notes with a principal balance of Euro 2,074.07 ($2,822.61, as converted) and interest accrued through July 6, 2014 of $149.71 convertible into 495 shares of Common Stock held by Yucca acting through Ogier Employee Benefit Services Limited. All amounts converted from Euro (Euro) into U.S. Dollars ($) applied the conversion rate from the Euro as of July 4, 2014, which was 1.360905.
- [F6]This Statement Form 4 is being filed jointly by the Index Entities in connection with the effectiveness of the Issuer's Registration Statement on Form S-1 (File No. 333-195169). Each of the Index Entities disclaims beneficial ownership of the securities held of record by any of the other Index Entities, except, in each case, to the extent of their respective proportionate pecuniary interest(s) therein.
- [F7]Consists of 239,473 shares owned by IVIII Jersey; 486,463 shares owned by IVIII Delaware; 8,666 shares owned by IVPEF III; 17,060 shares owned by Yucca; 331,542 shares owned by IVIV Jersey; 31,470 shares owned by IVPEF IV; 171,437 shares owned by IVV Jersey; and 1,389 shares owned by IVPEF V.
- [F8]Consists of 4,167 shares owned by Yucca; 326,520 shares owned by IVV Jersey; and 2,646 shares owned by IVPEF V.
Documents
Issuer
Minerva Neurosciences, Inc.
CIK 0001598646
Entity typeoperating
IncorporatedMA
Related Parties
1- filerCIK 0001598646
Filing Metadata
- Form type
- 4
- Filed
- Jul 8, 8:00 PM ET
- Accepted
- Jul 9, 8:00 PM ET
- Size
- 19.2 KB