4//SEC Filing
Dexxon Holdings Ltd. 4
Accession 0001144204-19-030612
CIK 0001740547other
Filed
Jun 10, 8:00 PM ET
Accepted
Jun 11, 6:19 PM ET
Size
14.3 KB
Accession
0001144204-19-030612
Insider Transaction Report
Form 4
Dexxon Holdings Ltd.
10% Owner
Transactions
- Purchase
Common Shares
2019-06-11$8.58/sh+7,189$61,694→ 22,819,798 total(indirect: See footnotes) - Purchase
Common Shares
2019-06-10$8.35/sh+7,500$62,594→ 22,812,609 total(indirect: See footnotes) - Purchase
Common Shares, $0.000037453 par value per share
2019-06-07$7.96/sh+6,649$52,959→ 22,805,109 total(indirect: See footnotes)
Oren Dan
10% Owner
Transactions
- Purchase
Common Shares
2019-06-10$8.35/sh+7,500$62,594→ 22,812,609 total(indirect: See footnotes) - Purchase
Common Shares, $0.000037453 par value per share
2019-06-07$7.96/sh+6,649$52,959→ 22,805,109 total(indirect: See footnotes) - Purchase
Common Shares
2019-06-11$8.58/sh+7,189$61,694→ 22,819,798 total(indirect: See footnotes)
Dexcel Pharma Technologies Ltd.
10% Owner
Transactions
- Purchase
Common Shares
2019-06-10$8.35/sh+7,500$62,594→ 22,812,609 total(indirect: See footnotes) - Purchase
Common Shares
2019-06-11$8.58/sh+7,189$61,694→ 22,819,798 total(indirect: See footnotes) - Purchase
Common Shares, $0.000037453 par value per share
2019-06-07$7.96/sh+6,649$52,959→ 22,805,109 total(indirect: See footnotes)
Footnotes (6)
- [F1]Dexxon Holdings Ltd. ("Dexxon"), Dexcel Pharma Technologies Ltd. ("DPT") and Dan Oren (together with Dexxon and DPT the "Reporting Persons") are filing this Form 4 because they may be deemed to have dispositive power and, therefore, beneficial ownership, over the common shares (the "Common Shares") of Urovant Sciences Ltd. held by Roivant Sciences Ltd. ("Roivant"). Roivant's bye-laws provide Dexxon and DPT, voting unanimously with three other major shareholders of Roivant, with the right to override certain decisions of Roivant's board of directors, including with respect to dispositions of the Common Shares.
- [F2]Voting and dispositive decisions of Dexxon are made by its sole director, Dan Oren. Voting and dispositive decisions of DPT are made by its President and Chief Executive Officer, Dan Oren. Dan Oren is ultimately the sole shareholder of each of Dexxon and DPT. Accordingly, Dan Oren may be deemed to have investment control over the Common Shares owned directly by Roivant. The Reporting Persons do not directly own any Common Shares. The Reporting Persons disclaim beneficial ownership of the Common Shares owned by Roivant, except to the extent of their pecuniary interest therein. The filing of this statement shall not be deemed an admission that the Reporting Persons are the beneficial owners of the securities reported herein for purposes of Section 16 of the Securities Act of 1934, as amended, or otherwise.
- [F3]Roivant informed the Reporting Persons that the transaction was a series of open market purchases made by Roivant under a trading plan established by Roivant pursuant to Rule 10b5-1 under the Securities Exchange Act of 1934, as amended, and in accordance with the safe harbor of Rule 10b-18 under the Securities Exchange Act of 1934, as amended. The purchases were made by Roivant and not the Reporting Persons.
- [F4]The price reported in Column 4 is the weighted average price. Roivant informed the Reporting Persons that the Common Shares were purchased in multiple transactions at prices ranging from $7.73 to $8.10, inclusive.
- [F5]The price reported in Column 4 is the weighted average price. Roivant informed the Reporting Persons that the Common Shares were purchased in multiple transactions at prices ranging from $7.89 to $8.68, inclusive.
- [F6]The price reported in Column 4 is the weighted average price. Roivant informed the Reporting Persons that the Common Shares were purchased in multiple transactions at prices ranging from $8.41 to $8.75, inclusive.
Documents
Issuer
Urovant Sciences Ltd.
CIK 0001740547
Entity typeother
IncorporatedIsrael
Related Parties
1- filerCIK 0001636684
Filing Metadata
- Form type
- 4
- Filed
- Jun 10, 8:00 PM ET
- Accepted
- Jun 11, 6:19 PM ET
- Size
- 14.3 KB