BARONE DAREN J 4
4 · ARTES MEDICAL INC · Filed Dec 27, 2006
Insider Transaction Report
Form 4
BARONE DAREN J
Director
Transactions
- Conversion
Series D Convertible Preferred Stock
2006-12-26−21,764→ 0 total(indirect: By WB Partners, LP)→ Common Stock (21,764 underlying) - Conversion
Common Stock
2006-12-26+43,601→ 69,526 total(indirect: By LLC) - Conversion
Common Stock
2006-12-26+21,764→ 21,764 total(indirect: By WB Partners, LP) - Conversion
Series D Convertible Preferred Stock
2006-12-26−43,601→ 0 total(indirect: By LLC)→ Common Stock (43,601 underlying)
Footnotes (4)
- [F1]Immediately following the closing of the initial public offering of the Issuer?s Common Stock all outstanding shares of Preferred Stock will be automatically converted, for no additional consideration, into shares of the Issuer's Common Stock.
- [F2]Mr. Barone is the managing member of DJB Holdings, LLC and has sole voting and investment power with respect to the securities.
- [F3]Mr. Barone is a general partner of WB Partners, LP. Mr. Barone disclaims beneficial ownership of the securities held directly by WB Partners, LP, except to the extent of any indirect pecuniary interest in his distributive share therein.
- [F4]Reflects a 1 for 4.25 reverse stock split, effected on December 19, 2006, pursuant to which each share of Series D Convertible Preferred Stock became convertible into approximately 0.235 of a share of common stock.