Sovereign's Capital II, LP 4
4 · Liquidia Technologies Inc · Filed Aug 1, 2018
Insider Transaction Report
Form 4Exit
Sovereign's Capital II, LP
10% Owner
Transactions
- Conversion
Common stock
[F1]2018-07-30+78,660→ 78,660 total - Conversion
Series D Preferred Stock
[F1]2018-07-30−1,323,642→ 0 total→ Common Stock (78,660 underlying) - Other
Warrant to purchase Series D Preferred Stock
[F2]2018-07-30−156,751→ 0 totalExercise: $0.01From: 2017-02-17Exp: 2026-12-31→ Series D Preferred Stock (156,751 underlying) - Other
Warrant to purchase Common Stock
[F2]2018-07-30+9,315→ 9,315 totalExercise: $0.01From: 2017-02-17Exp: 2026-12-31→ Common Stock (9,315 underlying)
Footnotes (2)
- [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.
Signature
/s/ Lukas Roush, Managing Principal|2018-08-01