4//SEC Filing
MCDERMOTT CHARLES J 4
Accession 0001209191-11-020713
CIK 0000889423other
Filed
Mar 31, 8:00 PM ET
Accepted
Apr 1, 5:39 PM ET
Size
16.1 KB
Accession
0001209191-11-020713
Insider Transaction Report
Form 4
ELLIS ALEXANDER III
10% Owner
Transactions
- Award
Warrant to purchase Common Stock
2011-03-31+253,637→ 13,161,077 totalExercise: $1.66From: 2011-03-31Exp: 2018-03-31→ Common Stock (253,637 underlying)
JAMES WILLIAM E
10% Owner
Transactions
- Award
Warrant to purchase Common Stock
2011-03-31+253,637→ 13,161,077 totalExercise: $1.66From: 2011-03-31Exp: 2018-03-31→ Common Stock (253,637 underlying)
MCDERMOTT CHARLES J
10% Owner
Transactions
- Award
Warrant to purchase Common Stock
2011-03-31+253,637→ 13,161,077 totalExercise: $1.66From: 2011-03-31Exp: 2018-03-31→ Common Stock (253,637 underlying)
RockPort Capital Partners II, LP
10% Owner
Transactions
- Award
Warrant to purchase Common Stock
2011-03-31+253,637→ 13,161,077 totalExercise: $1.66From: 2011-03-31Exp: 2018-03-31→ Common Stock (253,637 underlying)
RockPort Capital II, L.L.C.
10% Owner
Transactions
- Award
Warrant to purchase Common Stock
2011-03-31+253,637→ 13,161,077 totalExercise: $1.66From: 2011-03-31Exp: 2018-03-31→ Common Stock (253,637 underlying)
James Janet Burrows
10% Owner
Transactions
- Award
Warrant to purchase Common Stock
2011-03-31+253,637→ 13,161,077 totalExercise: $1.66From: 2011-03-31Exp: 2018-03-31→ Common Stock (253,637 underlying)
Wilson Stoddard Moran
10% Owner
Transactions
- Award
Warrant to purchase Common Stock
2011-03-31+253,637→ 13,161,077 totalExercise: $1.66From: 2011-03-31Exp: 2018-03-31→ Common Stock (253,637 underlying)
Footnotes (4)
- [F1]These securities are owned by RockPort Capital Partners II, L.P. ("RockPort"). These securities may be deemed to be beneficially owned by RockPort Capital II, LLC ("RockPort LLC"), and Alexander Ellis III, Janet B. James, William E. James, Charles J. McDermott, Stoddard M. Wilson and David J. Prend (the "Members"). RockPort LLC is the general partner of RockPort. Each of the Members are managing members of RockPort LLC. David Prend is also a director of SatCon and has reported his beneficial ownership of the reported securities on a Form 4, filed on the date hereof. Each of RockPort LLC and the Members (the "Reporting Persons") disclaim beneficial ownership of the reported securities except to the extent of his, her or its pecuniary interest therein, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of the securities for purposes of Section 16 of the Securities Act of 1934, as amended, or for any other purpose.
- [F2]The Warrants to purchase Common Stock feature a cashless exercise provision and are subject to anti-dilution adjustments as set forth in the Form of Tranche 2 Warrant and Additional Warrant (incorporated in this Form 4 by reference to Exhibit 10.5 of the Current Report on Form 8-K filed by SatCon on November 14, 2007), as amended by that certain Agreement to Amend Warrants dated July 3, 2009 (incorporated in this Form 4 by reference to Exhibit 10.1 of the Current Report on Form 8-K filed by SatCon on July 8, 2009).
- [F3]The Warrants to purchase Common Stock were received pursuant to the terms of a Stock and Warrant Purchase Agreement dated November 8, 2007 (incorporated in this Form 4 by reference to Exhibit 10.3 of the Current Report on Form 8-K filed by SatCon on November 14, 2007) upon the exercise of certain of SatCon's existing warrants as more fully described in the Form 8-K filed by SatCon on November 14, 2007.
- [F4]Includes 13,161,077 shares of Common Stock issuable upon the exercise of warrants, which warrants are directly owned by RockPort Capital Partners II, L.P.
Documents
Issuer
SATCON TECHNOLOGY CORP
CIK 0000889423
Entity typeother
Related Parties
1- filerCIK 0001241877
Filing Metadata
- Form type
- 4
- Filed
- Mar 31, 8:00 PM ET
- Accepted
- Apr 1, 5:39 PM ET
- Size
- 16.1 KB