Mario Family Credit LLC Series D 4
4 · Liquidia Technologies Inc · Filed Aug 1, 2018
Insider Transaction Report
Form 4
Mario Family Credit LLC Series D
10% Owner
Transactions
- Conversion
Series D Preferred Stock
2018-07-30−1,813,840→ 0 total→ Common Stock (107,791 underlying) - Conversion
Common stock
2018-07-30+107,791→ 107,791 total - Other
Warrant to purchase Series D Preferred Stock
2018-07-30−313,503→ 0 totalExercise: $0.01From: 2017-02-17Exp: 2026-12-31→ Series D Preferred Stock (313,503 underlying) - Other
Warrant to purchase Common Stock
2018-07-30+18,630→ 18,630 totalExercise: $0.01From: 2017-02-17Exp: 2026-12-31→ Common Stock (18,630 underlying)
Footnotes (3)
- [F1]The Series D preferred stock had no expiration date and automatically converted 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]Immediately prior to the closing of the Issuer's initial public offering and without payment of further consideration, the Warrants to purchase Series D Preferred Stock automatically became exercisable to purchase the Issuer's common stock. The transaction is listed solely for the purpose of reporting the change of the title and amount of securities underlying the warrant.
- [F3]This report on Form 4 is jointly filed by Mario Family Credit LLC Series D, Melmotte LLC and Mr. Mario. Melmotte LLC is the manager of Mario Family Credit LLC Series D, and Mr. Mario is the managing member of Melmotte LLC. 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.