4//SEC Filing
McWilliams Dennis L. 4
Accession 0001179110-17-012473
CIK 0001251769other
Filed
Sep 18, 8:00 PM ET
Accepted
Sep 19, 8:54 PM ET
Size
16.2 KB
Accession
0001179110-17-012473
Insider Transaction Report
Form 4
McWilliams Dennis L.
President, CCO
Transactions
- Exercise of In-Money
Common Stock
2017-09-15$1.76/sh+28,757$50,612→ 62,404 total - Exercise of In-Money
Stock Options
2017-09-15+28,757→ 0 totalExercise: $1.76Exp: 2017-09-18→ Common Stock (28,757 underlying)
Holdings
- 33,647
Common Stock
- 109,851
Stock Options
Exercise: $2.09Exp: 2022-04-26→ Common Stock (109,851 underlying) - 54,808
Stock Options
Exercise: $3.36Exp: 2024-07-29→ Common Sock (54,808 underlying) - 27,404
Stock Options
Exercise: $3.36Exp: 2024-07-29→ Common Stock (27,404 underlying) - 28,757
Stock Options
Exercise: $1.76Exp: 2017-09-17→ Common Stock (28,757 underlying)
Footnotes (5)
- [F1]The shares of common stock of the Issuer set forth herein (the "Common Stock") are subject to a Lock-Up Agreement, dated June 9, 2017, by and between the Reporting Person and the Representatives of the several underwriters (as defined therein) (the "Lock-Up Agreement"), entered into in connection with the Issuer's public offering of shares of its common stock in July 2017. The Common Stock remains subject to the restrictions of the Lock-Up Agreement until October 17, 2017.
- [F2]On September 18, 2007, Reporting Person was granted an option to purchase 500,000 shares of the common stock of the corporation then known as Apollo Endosurgery, Inc., now known as Apollo Endosurgery US, Inc ("Old Apollo") under Old Apollo's Equity Incentive Plan at an exercise price of $0.10 per share. Pursuant that certain Agreement and Plan of Merger and Reorganization, dated as of September 8, 2016, by and among the Issuer, Merger Sub, Inc. and Old Apollo (the "Merger Agreement"), this option was converted into an option to purchase 28,757 shares of the Issuer's common stock at a per share exercise price of $1.76. The option has fully vested.
- [F3]On April 27, 2012, Reporting Person was granted an option to purchase 1,910,000 shares of the common stock of Old Apollo under Old Apollo's Equity Incentive Plan at an exercise price of $0.12 per share. Pursuant to the Merger Agreement, this option was converted into an option to purchase 109,851 shares of the Issuer's common stock at a per share exercise price of $2.09. The option has fully vested.
- [F4]On July 30, 2014, Reporting Person was granted an option to purchase 952,965 shares of the common stock of Old Apollo under Old Apollo's Equity Incentive Plan at an exercise price of $0.19 per share. Pursuant to the Merger Agreement, this option was converted into an option to purchase 54,808 shares of the Issuer's common stock at a per share exercise price of $3.36. Subject to Reporting Person's continued employment, 1/48th of the option will vest and become exercisable on each of the 48 months commencing on February 1, 2014. Upon a change of control of the Issuer, 100% of any unvested portion of the option will become fully vested and exercisable.
- [F5]On July 30, 2014, Reporting Person was granted an option to purchase 476,483 shares of the common stock of Old Apollo under Old Apollo's Equity Incentive Plan at an exercise price of $0.19 per share. Pursuant to the Merger Agreement, this option was converted into an option to purchase 27,404 shares of the Issuer's common stock at a per share exercise price of $3.36. Subject to Reporting Person's continued employment, 100% of the option will vest and become exercisable upon the Issuer's achievement of certain revenue milestones. Upon a change of control of the Issuer, 100% of any unvested portion of the option will become fully vested and exercisable.
Documents
Issuer
Apollo Endosurgery, Inc.
CIK 0001251769
Entity typeother
Related Parties
1- filerCIK 0001688532
Filing Metadata
- Form type
- 4
- Filed
- Sep 18, 8:00 PM ET
- Accepted
- Sep 19, 8:54 PM ET
- Size
- 16.2 KB