4//SEC Filing
Sirion Holdings, Inc. 4
Accession 0001116679-06-002816
CIK 0001355015operating
Filed
Dec 25, 7:00 PM ET
Accepted
Dec 26, 3:56 PM ET
Size
7.0 KB
Accession
0001116679-06-002816
Insider Transaction Report
Form 4
Avalon Ventures GP LLC
10% Owner
Transactions
- Other
Common Stock
2006-12-21+49,958→ 1,374,158 total(indirect: By Partnership)
Footnotes (3)
- [F1]The shares of Common Stock listed in Table I were acquired by the reporting person as contingent consideration in exchange for stock of Sytera, Inc. ("Sytera") pursuant to the merger of Sytera into Sirion Therapeutics, Inc., a wholly owned subsidiary of the issuer ("Sirion Therapeutics"), as a result of the occurrence of events with respect to the development of the proprietary drug compound designated ST-602, which Sirion Therapeutics acquired as a result of the merger. In connection with the issuer's acquisition of Sirion Therapeutics, the issuer assumed Sirion Therapeutics' obligations to pay the contingent consideration owed to the former stockholders of Sytera as a result of the merger. The reporting person may receive an indeterminate number of additional shares of Common Stock as additional contingent consideration pursuant to the merger based on the occurrence, if any, of additional events with respect to the development and commercialization of ST-602.
- [F2]See Footnote 1.
- [F3]Avalon Ventures VI, L.P. and Avalon Ventures VI GP Fund, LLC (collectively, the "Avalon VI Funds") are the holders of record of all of the shares of Common Stock listed in Table I. The reporting person acts as the general partner of each of the Avalon VI Funds. In the foregoing capacity, the reporting person has full voting and investment control with respect to the shares held of record by the Avalon VI Funds and may, as a result, be deemed to be beneficial owner of such shares. However, the reporting person specifically disclaims beneficial ownership of all shares held of record by the Avalon VI Funds except to the extent of the reporting person's economic interest therein.
Documents
Issuer
Sirion Holdings, Inc.
CIK 0001355015
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001355015
Filing Metadata
- Form type
- 4
- Filed
- Dec 25, 7:00 PM ET
- Accepted
- Dec 26, 3:56 PM ET
- Size
- 7.0 KB