NEA Partners 12, Limited Partnership 3
3 · TREVENA INC · Filed Jan 30, 2014
Insider Transaction Report
Form 3
TREVENA INCTRVN
Holdings
Series B Preferred Stock
→ Common Stock (1,354,838 underlying)Series C Preferred Stock
→ Common Stock (780,755 underlying)Series B-1 Warrants
Exercise: $1.00→ Common Stock (10,137 underlying)Series A Preferred Stock
→ Common Stock (967,741 underlying)Series B-1 Preferred Stock
→ Common Stock (225,806 underlying)
Footnotes (4)
- [F1]Immediately prior to closing of the Issuer's initial public offering, the preferred stock held by the reporting persons will automatically convert into common stock on a 6.2 to 1 basis.
- [F2]The shares are directly held by New Enterprise Associates 12, Limited Partnership ("NEA 12") and indirectly held by NEA Partners 12, Limited Partnership ("NEA Partners 12"), the sole general partner of NEA 12, NEA 12 GP, LLC ("NEA 12 GP"), the sole general partner of NEA Partners 12, and the individual managers of NEA 12 GP (NEA Partners 12, NEA 12 GP and the individual managers of NEA 12 GP together, the "NEA 12 Indirect Reporting Persons"). The individual managers of NEA 12 GP are M. James Barrett, Peter J. Barris, Forest Baskett, Ryan D. Drant, Patrick J. Kerins, Krishna "Kittu" Kolluri, and Scott D. Sandell. The NEA 12 Indirect Reporting Persons disclaim beneficial ownership within the meaning of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise of such portion of the NEA 12 shares in which the NEA 12 Indirect Reporting Persons have no pecuniary interest.
- [F3]In accordance with their terms, the Series B-1 Warrants (the "Warrants") will be net exercised immediately prior to closing of the Issuer's initial public offering.
- [F4]Assumes the net exercise of the Warrants immediately prior to the Issuer's initial public offering and assumes an initial public offering price of $7.00 per share.