Xeraya LT Ltd 3
3 · Liquidia Technologies Inc · Filed Jul 25, 2018
Insider Transaction Report
Form 3
Xeraya LT Ltd
10% Owner
Holdings
Series D Preferred Stock
→ Common Stock (1,036,752 underlying)
Footnotes (3)
- [F1]All shares of Series D Preferred Stock, par value $0.001 per share, have no expiration date and will automatically convert into the Issuer's common stock on approximately a 0.0594-for-1 basis immediately prior to the closing of the Issuer's initial public offering.
- [F2]These securities are held of record by Xeraya LT Ltd ("Xeraya"). Fares Zahir, a natural person, is a director of Xeraya and has sole voting and dispositive power with respect to the securities held by Xeraya. By virtue of such relationship Mr. Zahir may be deemed to have beneficial ownership over such securities.
- [F3]This report on Form 3 is jointly filed by Xeraya and Mr. Zahir. Each of the reporting persons disclaims beneficial ownership of the securities reported herein for purposes of Rule 16a-1(a) under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), except to the extent of its or his pecuniary interest therein, if any. This report shall not be deemed an admission that any of the reporting persons is a beneficial owner of such securities for the purposes of Section 16 of the Exchange Act, or for any other purposes.