Kedar Sharon 4
4 · 908 Devices Inc. · Filed Dec 22, 2020
Insider Transaction Report
Form 4
908 Devices Inc.MASS
Kedar Sharon
Director
Transactions
- Conversion
Common Stock, par value $0.001
2020-12-22+977,091→ 977,091 total(indirect: See Footnote) - Purchase
Common Stock, par value $0.001
2020-12-22$20.00/sh+100,000$2,000,000→ 1,077,091 total(indirect: See Footnote) - Conversion
Series E Preferred Stock
2020-12-22−977,091→ 0 total(indirect: See Footnote)→ Common Stock, par value $0.001 (977,091 underlying)
Footnotes (2)
- [F1]Each share of Series E Preferred Stock (the "Preferred Shares") converted into 0.61459 shares of the Issuer's Common Stock automatically upon the closing of the Issuer's initial public offering without payment of additional consideration. The Preferred Shares were convertible at any time at the holder's election and automatically upon the closing of the Issuer's initial public offering, and had no expiration date.
- [F2]These securities are owned directly by Northpond Ventures, LP. The reporting person is a partner of Northpond Ventures, LP and may be deemed to be the beneficial owner of the securities held by Northpond Ventures, LP. The reporting person disclaims beneficial ownership of the securities held by Northpond Ventures, LP except to the extent of her pecuniary interest therein.