Pickering Larry G 4
4 · OptiNose, Inc. · Filed Oct 19, 2017
Insider Transaction Report
Form 4
OptiNose, Inc.OPTN
Pickering Larry G
Director
Transactions
- Conversion
Common Stock
2017-10-17+327,757→ 327,757 total - Conversion
Series C Convertible Preferred Stock
2017-10-17−82,713→ 0 total→ Common Stock (238,866 underlying) - Conversion
Series C-1 Convertible Preferred Stock
2017-10-17−20,715→ 0 total→ Common Stock (59,822 underlying) - Conversion
Series C-2 Convertible Preferred Stock
2017-10-17−10,066→ 0 total→ Common Stock (29,069 underlying)
Footnotes (2)
- [F1]Represents the total number of shares of Common Stock received by the Reporting Person upon conversion of 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 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 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.