TKWD Ventures LLC 4
4 · OptiNose, Inc. · Filed Oct 19, 2017
Insider Transaction Report
Form 4
OptiNose, Inc.OPTN
WFD Ventures LLC
10% Owner
Transactions
- Conversion
Series C Convertible Preferred Stock
2017-10-17−41,160→ 0 total(indirect: By LLC)→ Common Stock (118,865 underlying) - Conversion
Series C-1 Convertible Preferred Stock
2017-10-17−190,440→ 0 total(indirect: By LLC)→ Common Stock (549,971 underlying) - Conversion
Series C-2 Convertible Preferred Stock
2017-10-17−92,543→ 0 total(indirect: By LLC)→ Common Stock (267,254 underlying) - Conversion
Common Stock
2017-10-17+3,013,139→ 3,013,139 total(indirect: By LLC) - Conversion
Series B-2 Convertible Preferred Stock
2017-10-17−719,225→ 0 total(indirect: By LLC)→ Common Stock (2,077,049 underlying)
Footnotes (3)
- [F1]Represents the total number of shares of Common Stock received by TKWD Ventures LLC upon conversion of Series B-2, Series C, Series C-1 and Series C-2 Preferred Stock in connection with the closing of the Issuer's initial public offering.
- [F2]The Series B-2, Series C, Series C-1, and Series C-2 Preferred Stock converted into Common Stock on a 2.8879-for-one basis upon the closing of the Issuer's initial public offering without payment of consideration. The Series B-2, Series C, Series C-1 and Series C-2 Preferred Stock were convertible at any time at the holder's election and automatically upon the closing of the Issuer's initial public offering. The Preferred Stock had no expiration date.
- [F3]The reportable securities are owned directly by TKWD Ventures LLC. WFD Ventures LLC is the general partner of TKWD Ventures LLC and may be deemed to have sole voting and investment power over the shares owned by TKWD Ventures LLC.