4//SEC Filing
GLYCOMIMETICS INC 4
Accession 0001209191-14-076406
$CBIOCIK 0001253689operating
Filed
Dec 16, 7:00 PM ET
Accepted
Dec 17, 6:10 PM ET
Size
16.3 KB
Accession
0001209191-14-076406
Insider Transaction Report
Form 4
HENOS MICHAEL A
Director
Transactions
- Sale
Common Stock
2014-12-15$8.98/sh−1,604$14,404→ 495,832 total(indirect: By funds) - Exercise of In-Money
Common Stock
2014-12-15$0.33/sh+43,628$14,397→ 497,436 total(indirect: By funds) - Exercise of In-Money
Warrant to Purchase Common Stock (right to buy)
2014-12-15−38,493→ 0 total(indirect: By funds)Exercise: $0.33From: 2008-07-03Exp: 2018-07-03→ Common Stock (38,493 underlying) - Sale
Common Stock
2014-12-17$8.97/sh−5,121$45,935→ 490,711 total(indirect: By funds) - Exercise of In-Money
Warrant to Purchase Common Stock (right to buy)
2014-12-15−5,133→ 0 total(indirect: By funds)Exercise: $0.33From: 2005-12-09Exp: 2015-12-09→ Common Stock (5,133 underlying)
Holdings
- 12,562
Common Stock
- 22,668(indirect: By Spouse)
Common Stock
Footnotes (7)
- [F1]The reporting person is a manager of ATV III Partners, LLC, the general partner of Alliance Technology Ventures III, L.P. ("ATV III") and ATV III Affiliates Fund, L.P. ("ATV Affiliates"), and shares voting and investment power with respect to the securities held by ATV III and ATV Affiliates, but disclaims beneficial ownership of the securities, except to the extent of his pecuniary interest therein.
- [F2]On December 15, 2014, ATV III and ATV Affiliates exercised warrants to purchase a total of 43,628 shares of the issuer's common stock for $0.33 a share. ATV III and ATV Affiliates paid the exercise price on a cashless basis, resulting in the issuer's withholding of 1,604 of the warrant shares to pay the exercise price and issuing 41,620 shares to ATV III and 404 shares to ATV Affiliates. The issuer also paid cash to ATV III and ATV Affiliates in lieu of any fractional shares to be issued upon exercise of the warrants.
- [F3]The total after the cashless exercise of the warrants includes 490,711 shares held by ATV III and 5,121 shares held by ATV Affiliates.
- [F4]The common stock was sold by ATV Affiliates in a series of open market transactions on the transaction date with a volume weighted average sale price of $8.97. The range of sale prices for the transactions reported was $8.87 to $9.15 per share. The reporting person undertakes to provide, upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
- [F5]All of the shares were sold by ATV Affiliates. After this transaction, all shares are held by ATV III.
- [F6]5,098 shares underlying warrants were held by ATV III and 35 shares underlying warrants are held by ATV Affiliates.
- [F7]38,109 shares underlying warrants were held by ATV III and 384 shares underlying warrants are held by ATV Affiliates.
Documents
Issuer
GLYCOMIMETICS INC
CIK 0001253689
Entity typeoperating
IncorporatedCayman Islands
Related Parties
1- filerCIK 0001253689
Filing Metadata
- Form type
- 4
- Filed
- Dec 16, 7:00 PM ET
- Accepted
- Dec 17, 6:10 PM ET
- Size
- 16.3 KB