Egalet Corp 4

4 · Egalet Corp · Filed Feb 12, 2014

Form 4

Period: 2014-02-11

Director

Transactions

Exercise of In-Money
Common Stock
2014-02-11$0.00/sh+60,000$60→ 60,000 total(indirect: By Omega Fund IV)
Conversion
Senior Convertible Debt
2014-02-11→ 0 total(indirect: By Omega Fund IV)
Exercise: $6.00→ Common Stock (171,241 underlying)
Purchase
Common Stock
2014-02-11$12.00/sh+83,333$999,996→ 314,574 total(indirect: By Omega Fund IV)
Exercise of In-Money
Warrants
2014-02-11−60,000→ 0 total(indirect: By Omega Fund IV)
Exercise: $0.00→ Common Stock (60,000 underlying)
Conversion
Common Stock
2014-02-11$6.00/sh+171,241$1,027,446→ 231,241 total(indirect: By Omega Fund IV)

Footnotes (3)

[F1]The reporting person is Omega Fund IV L.P. ("Omega Fund IV"). Omega Fund IV GP, L.P. ("Omega GP") is the general partner of Omega, and Omega Fund IV GP Manager, Ltd. ("Omega Manager") is the general partner of Omega GP. Ms. Aguiar-Lucander is a director of Omega Manager and therefore may be deemed to share the right to direct the voting and dispositive control of shares held by Omega Fund IV. Ms. Aguiar-Lucander disclaims beneficial ownership of any such securities except to the extent of his proportionate pecuniary interest therein, and this report shall not be deemed an admission that Ms. Aguiar-Lucander is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
[F2]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 the Omega Fund IV's purchase of a specified minimum amount of common stock in such offering.
[F3]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.

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