PHC Holdings Corp 3
3 · Senseonics Holdings, Inc. · Filed Mar 15, 2023
Insider Transaction Report
Form 3
PHC Holdings Corp
10% Owner
Holdings
- 2,941,176
Common Stock
Senior Secured Convertible Note
Exp: 2024-10-31→ Common Stock (65,359,476 underlying)
Footnotes (1)
- [F1]On August 9, 2020, the Issuer and PHC Holdings Corporation entered into a note purchase agreement pursuant to which the Issuer issued and sold $35 million in aggregate principal amount of its Senior Secured Convertible Note due October 31, 2024 (the "2024 Note") on August 14, 2020 (the "Closing Date"). The Issuer also issued 2,941,176 shares of Common Stock to the Reporting Person as a financing fee on the Closing Date. At issuance of the 2024 Note, there were originally 65,359,476, shares of Common Stock issuable upon conversion of the 2024 Note, based on a conversion rate as of August 14, 2020 of 1,867.4136 shares of Common Stock per $1,000 principal amount of the 2024 Note (which conversion rate was subject to adjustment in accordance with the terms of the 2024 Note).