Egalet Corp 4
4 · Egalet Corp · Filed Feb 12, 2014
Insider Transaction Report
Form 4
Egalet CorpEGLT
Atlas Venture Fund VII L P
10% Owner
Transactions
- Conversion
Common Stock
2014-02-11+863,754→ 1,696,852 total - Exercise of In-Money
Common Stock
2014-02-11$0.00/sh+30,000$30→ 1,726,852 total - Conversion
Common Stock
2014-02-11$6.00/sh+298,083$1,788,498→ 2,024,935 total - Conversion
Common Stock
2014-02-11$6.00/sh+85,620$513,720→ 2,110,555 total - Purchase
Common Stock
2014-02-11$12.00/sh+41,667$500,004→ 2,152,222 total - Conversion
Series B Preferred Stock
2014-02-11−863,754→ 0 total→ Common Stock (863,754 underlying) - Conversion
Common Stock
2014-02-11+833,098→ 833,098 total - Conversion
Series A-1 Preferred Stock
2014-02-11−833,098→ 0 total→ Common Stock (833,098 underlying) - Exercise of In-Money
Warrants
2014-02-11−30,000→ 0 totalExercise: $0.00→ Common Stock (30,000 underlying) - Conversion
Subordinated Convertible Debt
2014-02-11→ 0 totalExercise: $6.00→ Common Stock (298,083 underlying) - Conversion
Senior Convertible Debt
2014-02-11→ 0 totalExercise: $6.00→ Common Stock (85,620 underlying)
Holdings
- 308,727(indirect: By Egalet A/S)
Common Stock
Footnotes (6)
- [F1]The reporting person is Egalet A/S, a corporation. Atlas Venture Fund VII, L.P. ("Atlas Venture Fund") is a 23.9% equityholder of Egalet A/S.
- [F2]The Series A-1 Preferred Stock automatically converted into Egalet Corporation common stock on a 1-for-1 basis immediately prior to the consummation of Egalet Corporation's initial public offering.
- [F3]The Series B Preferred Stock automatically converted into Egalet Corporation common stock on a 1-for-1 basis immediately prior to the consummation of Egalet Corporation's initial public offering.
- [F4]The warrants were automatically exercised into Egalet Corporation common stock immediately prior to the consummation of the Egalet Corporation's initial public offering on a 1-for-1 basis, pursuant to Atlas Venture Fund's purchase of a specified minimum amount of common stock in such offering.
- [F5]The subordinated convertible debt automatically converted into Egalet Corporation common stock immediately prior to the consummation of Egalet Corporation's initial public offering, based on a conversion price equal to 50% of the per share price in such offering, which was $12 per share.
- [F6]The senior convertible debt automatically converted into Egalet Corporation common stock immediately prior to the consummation of Egalet Corporation's initial public offering, based on a conversion price equal to 50% of the per share price in such offering, which was $12 per share.