Volcano CORP 4
4 · Volcano CORP · Filed Jun 20, 2006
Insider Transaction Report
Form 4
Volcano CORPVOLC
Adelman Robert J
Director
Transactions
- Conversion
Series C Convertible Preferred Stock
2006-06-20−215,061→ 0 total(indirect: By UBS Juniper Crossover Fund, L.L.C.)→ Common Stock (195,705 underlying) - Conversion
Series C Convertible Preferred Stock
2006-06-20−649,612→ 0 total(indirect: By Caduceaus Private Investments II (QP), LP)→ Common Stock (591,146 underlying) - Conversion
Common Stock
2006-06-20+1,578,832→ 1,578,832 total(indirect: By Caduceaus Private Investments II, LP) - Conversion
Common Stock
2006-06-20+195,705→ 195,705 total(indirect: By UBS Juniper Crossover Fund, L.L.C.) - Conversion
Series C Convertible Preferred Stock
2006-06-20−1,734,981→ 0 total(indirect: By Caduceaus Private Investments II, LP)→ Common Stock (1,578,832 underlying) - Conversion
Common Stock
2006-06-20+591,146→ 591,146 total(indirect: By Caduceaus Private Investments II (QP), LP)
Footnotes (6)
- [F1]The following listed entities hold 2,365,683 shares of common stock on behalf of other persons who have the right to receive or the power to direct the receipt of dividends from, or proceeds from sale of, such securities. Of this amount, Caduceus Private Investments II, LP ("Caduceus"), Caduceus Private Investments II (QP), LP ("Caduceus QP") and UBS Juniper Crossover Fund, LLC ("Juniper") directly hold 15,578,832, 591,146 and 195,705 shares, respectively. OrbiMed Advisors LLC ("Advisors"), pursuant to its authority under its investment advisory contracts with Juniper, may be considered to hold indirectly 195,705 shares of common stock. OrbiMed Capital GP II LLC ("Capital"), pursuant to its authority under its investment advisory contract with Caduceus and Caduceus QP, may be considered to hold indirectly 2,169,978 shares of common stock.
- [F2]Not applicable.
- [F3]Advisors is a registered adviser under the Investment Advisers Act of 1940, as amended, that acts as an investment adviser to certain collective investment funds which hold Shares of the Issuer. Advisors acts as investment adviser to Juniper. Capital acts as general partner to Caduceus and Caduceus QP. Pursuant to certain relationships, Advisors and Capital have discretionary investment management authority with respect to the assets of Caduceus, Caduceus QP and Juniper. Such authority includes the power to vote and dispose of securities purchased by such entities. The Reporting Person disclaims beneficial ownership of the these securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purposes. The reporting person is associated with Advisors as an employee.
- [F4]Each share is convertible without consideration into .91 shares of Common Stock, after giving effect to a 1-for-1.1 reverse stock split effective May 24, 2006.
- [F5]Immediately.
- [F6]Reflects a 1-for-1.1 reverse stock split which became effective May 24, 2006.