Garden East Ltd 3
3 · Liquidia Technologies Inc · Filed Jul 25, 2018
Insider Transaction Report
Form 3
Garden East Ltd
10% Owner
Holdings
Series D Preferred
→ Common Stock (100,713 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 the Garden East Limited ("Garden East"). Bathurst Enterprises Limited ("Bathurst") is the investment manager of Garden East. By virtue of such relationship, each reporting person may be deemed to have beneficial ownership over such securities.
- [F3]This report on Form 3 is jointly filed by the Garden East and Bathurst. 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 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.