TRANSENTERIX INC. 4
4 · TRANSENTERIX INC. · Filed Dec 10, 2013
Insider Transaction Report
Form 4
TRANSENTERIX INC.TRXC.OB
Dougherty Dennis
Director
Transactions
- Conversion
Series B Convertible Preferred Stock
2013-12-06−598,706→ 0 total(indirect: Intersouth Partners VII, L.P.)→ Common Stock (5,987,060 underlying) - Conversion
Common Stock
2013-12-06$0.40/sh+5,987,060$2,394,824→ 17,615,990 total(indirect: Intersouth Partners VII, L.P.)
Footnotes (2)
- [F1]Mr. Dougherty is a managing member of Intersouth Associates VII, LLC, the general partner of Intersouth Partners VII, L.P.
- [F2]Upon the filing of the Issuer's Amended and Restated Certificate of Incorporation on December 6, 2013, each issued and outstanding share of Series B Convertible Preferred Stock automatically converted into ten (10) shares of the Issuer's common stock. The Series B Convertible Preferred Stock has no expiration date.