4//SEC Filing
Hatteras Venture Partners IV SBIC, LP 4
Accession 0001209191-16-126262
CIK 0001539029other
Filed
Jun 6, 8:00 PM ET
Accepted
Jun 7, 4:35 PM ET
Size
33.0 KB
Accession
0001209191-16-126262
Insider Transaction Report
Form 4
Crumpler John
10% Owner
Transactions
- Exercise of In-Money
Common Stock
2016-06-07$0.02/sh+21,705$478→ 1,675,953 total(indirect: By Hatteras Venture Partners IV SBIC, LP) - Sale
Common Stock
2016-06-07$7.00/sh−69$483→ 1,675,884 total(indirect: By Hatteras Venture Partners IV SBIC, LP) - Conversion
Series A-1 Preferred Stock
2016-06-07−689,388→ 0 total(indirect: By Hatteras Venture Partners IV SBIC, LP)→ Common Stock (313,358 underlying) - Purchase
Common Stock
2016-06-07$7.00/sh+414,286$2,900,002→ 2,090,170 total(indirect: By Hatteras Venture Partners IV SBIC, LP) - Conversion
Series B Preferred Stock
2016-06-07−432,941→ 0 total(indirect: By Hatteras Venture Partners IV SBIC, LP)→ Common Stock (196,791 underlying) - Conversion
Common Stock
2016-06-07+1,598,223→ 1,654,248 total(indirect: By Hatteras Venture Partners IV SBIC, LP) - Exercise of In-Money
Warrant to Purchase Common Stock (right to buy)
2016-06-07−21,705→ 0 total(indirect: By Hatteras Venture Partners IV SBIC, LP)Exercise: $0.02From: 2014-04-28→ Common Stock (21,705 underlying) - Conversion
Series A Preferred Stock
2016-06-07−2,035,908→ 0 total(indirect: By Hatteras Venture Partners IV SBIC, LP)→ Common Stock (925,412 underlying) - Conversion
Series C Preferred Stock
2016-06-07−337,897→ 0 total(indirect: By Hatteras Venture Partners IV SBIC, LP)→ Common Stock (162,662 underlying)
Reed Douglas MD
10% Owner
Transactions
- Sale
Common Stock
2016-06-07$7.00/sh−69$483→ 1,675,884 total(indirect: By Hatteras Venture Partners IV SBIC, LP) - Purchase
Common Stock
2016-06-07$7.00/sh+414,286$2,900,002→ 2,090,170 total(indirect: By Hatteras Venture Partners IV SBIC, LP) - Conversion
Series C Preferred Stock
2016-06-07−337,897→ 0 total(indirect: By Hatteras Venture Partners IV SBIC, LP)→ Common Stock (162,662 underlying) - Exercise of In-Money
Warrant to Purchase Common Stock (right to buy)
2016-06-07−21,705→ 0 total(indirect: By Hatteras Venture Partners IV SBIC, LP)Exercise: $0.02From: 2014-04-28→ Common Stock (21,705 underlying) - Conversion
Common Stock
2016-06-07+1,598,223→ 1,654,248 total(indirect: By Hatteras Venture Partners IV SBIC, LP) - Exercise of In-Money
Common Stock
2016-06-07$0.02/sh+21,705$478→ 1,675,953 total(indirect: By Hatteras Venture Partners IV SBIC, LP) - Conversion
Series A Preferred Stock
2016-06-07−2,035,908→ 0 total(indirect: By Hatteras Venture Partners IV SBIC, LP)→ Common Stock (925,412 underlying) - Conversion
Series A-1 Preferred Stock
2016-06-07−689,388→ 0 total(indirect: By Hatteras Venture Partners IV SBIC, LP)→ Common Stock (313,358 underlying) - Conversion
Series B Preferred Stock
2016-06-07−432,941→ 0 total(indirect: By Hatteras Venture Partners IV SBIC, LP)→ Common Stock (196,791 underlying)
LEE KENNETH B JR
10% Owner
Transactions
- Sale
Common Stock
2016-06-07$7.00/sh−69$483→ 1,675,884 total(indirect: By Hatteras Venture Partners IV SBIC, LP) - Conversion
Series A Preferred Stock
2016-06-07−2,035,908→ 0 total(indirect: By Hatteras Venture Partners IV SBIC, LP)→ Common Stock (925,412 underlying) - Conversion
Common Stock
2016-06-07+1,598,223→ 1,654,248 total(indirect: By Hatteras Venture Partners IV SBIC, LP) - Purchase
Common Stock
2016-06-07$7.00/sh+414,286$2,900,002→ 2,090,170 total(indirect: By Hatteras Venture Partners IV SBIC, LP) - Conversion
Series B Preferred Stock
2016-06-07−432,941→ 0 total(indirect: By Hatteras Venture Partners IV SBIC, LP)→ Common Stock (196,791 underlying) - Exercise of In-Money
Common Stock
2016-06-07$0.02/sh+21,705$478→ 1,675,953 total(indirect: By Hatteras Venture Partners IV SBIC, LP) - Conversion
Series A-1 Preferred Stock
2016-06-07−689,388→ 0 total(indirect: By Hatteras Venture Partners IV SBIC, LP)→ Common Stock (313,358 underlying) - Conversion
Series C Preferred Stock
2016-06-07−337,897→ 0 total(indirect: By Hatteras Venture Partners IV SBIC, LP)→ Common Stock (162,662 underlying) - Exercise of In-Money
Warrant to Purchase Common Stock (right to buy)
2016-06-07−21,705→ 0 total(indirect: By Hatteras Venture Partners IV SBIC, LP)Exercise: $0.02From: 2014-04-28→ Common Stock (21,705 underlying)
INGRAM ROBERT ALEXANDER
10% Owner
Transactions
- Conversion
Common Stock
2016-06-07+1,598,223→ 1,654,248 total(indirect: By Hatteras Venture Partners IV SBIC, LP) - Exercise of In-Money
Common Stock
2016-06-07$0.02/sh+21,705$478→ 1,675,953 total(indirect: By Hatteras Venture Partners IV SBIC, LP) - Sale
Common Stock
2016-06-07$7.00/sh−69$483→ 1,675,884 total(indirect: By Hatteras Venture Partners IV SBIC, LP) - Purchase
Common Stock
2016-06-07$7.00/sh+414,286$2,900,002→ 2,090,170 total(indirect: By Hatteras Venture Partners IV SBIC, LP) - Conversion
Series A Preferred Stock
2016-06-07−2,035,908→ 0 total(indirect: By Hatteras Venture Partners IV SBIC, LP)→ Common Stock (925,412 underlying) - Conversion
Series A-1 Preferred Stock
2016-06-07−689,388→ 0 total(indirect: By Hatteras Venture Partners IV SBIC, LP)→ Common Stock (313,358 underlying) - Conversion
Series C Preferred Stock
2016-06-07−337,897→ 0 total(indirect: By Hatteras Venture Partners IV SBIC, LP)→ Common Stock (162,662 underlying) - Conversion
Series B Preferred Stock
2016-06-07−432,941→ 0 total(indirect: By Hatteras Venture Partners IV SBIC, LP)→ Common Stock (196,791 underlying) - Exercise of In-Money
Warrant to Purchase Common Stock (right to buy)
2016-06-07−21,705→ 0 total(indirect: By Hatteras Venture Partners IV SBIC, LP)Exercise: $0.02From: 2014-04-28→ Common Stock (21,705 underlying)
Transactions
- Conversion
Series A-1 Preferred Stock
2016-06-07−689,388→ 0 total(indirect: By Hatteras Venture Partners IV SBIC, LP)→ Common Stock (313,358 underlying) - Exercise of In-Money
Common Stock
2016-06-07$0.02/sh+21,705$478→ 1,675,953 total(indirect: By Hatteras Venture Partners IV SBIC, LP) - Conversion
Series A Preferred Stock
2016-06-07−2,035,908→ 0 total(indirect: By Hatteras Venture Partners IV SBIC, LP)→ Common Stock (925,412 underlying) - Conversion
Series C Preferred Stock
2016-06-07−337,897→ 0 total(indirect: By Hatteras Venture Partners IV SBIC, LP)→ Common Stock (162,662 underlying) - Sale
Common Stock
2016-06-07$7.00/sh−69$483→ 1,675,884 total(indirect: By Hatteras Venture Partners IV SBIC, LP) - Purchase
Common Stock
2016-06-07$7.00/sh+414,286$2,900,002→ 2,090,170 total(indirect: By Hatteras Venture Partners IV SBIC, LP) - Conversion
Series B Preferred Stock
2016-06-07−432,941→ 0 total(indirect: By Hatteras Venture Partners IV SBIC, LP)→ Common Stock (196,791 underlying) - Exercise of In-Money
Warrant to Purchase Common Stock (right to buy)
2016-06-07−21,705→ 0 total(indirect: By Hatteras Venture Partners IV SBIC, LP)Exercise: $0.02From: 2014-04-28→ Common Stock (21,705 underlying) - Conversion
Common Stock
2016-06-07+1,598,223→ 1,654,248 total(indirect: By Hatteras Venture Partners IV SBIC, LP)
Transactions
- Conversion
Common Stock
2016-06-07+1,598,223→ 1,654,248 total(indirect: By Hatteras Venture Partners IV SBIC, LP) - Exercise of In-Money
Common Stock
2016-06-07$0.02/sh+21,705$478→ 1,675,953 total(indirect: By Hatteras Venture Partners IV SBIC, LP) - Sale
Common Stock
2016-06-07$7.00/sh−69$483→ 1,675,884 total(indirect: By Hatteras Venture Partners IV SBIC, LP) - Purchase
Common Stock
2016-06-07$7.00/sh+414,286$2,900,002→ 2,090,170 total(indirect: By Hatteras Venture Partners IV SBIC, LP) - Conversion
Series A Preferred Stock
2016-06-07−2,035,908→ 0 total(indirect: By Hatteras Venture Partners IV SBIC, LP)→ Common Stock (925,412 underlying) - Conversion
Series A-1 Preferred Stock
2016-06-07−689,388→ 0 total(indirect: By Hatteras Venture Partners IV SBIC, LP)→ Common Stock (313,358 underlying) - Conversion
Series B Preferred Stock
2016-06-07−432,941→ 0 total(indirect: By Hatteras Venture Partners IV SBIC, LP)→ Common Stock (196,791 underlying) - Conversion
Series C Preferred Stock
2016-06-07−337,897→ 0 total(indirect: By Hatteras Venture Partners IV SBIC, LP)→ Common Stock (162,662 underlying) - Exercise of In-Money
Warrant to Purchase Common Stock (right to buy)
2016-06-07−21,705→ 0 total(indirect: By Hatteras Venture Partners IV SBIC, LP)Exercise: $0.02From: 2014-04-28→ Common Stock (21,705 underlying)
Thorp Clay
Director
Transactions
- Exercise of In-Money
Common Stock
2016-06-07$0.02/sh+21,705$478→ 1,675,953 total(indirect: By Hatteras Venture Partners IV SBIC, LP) - Purchase
Common Stock
2016-06-07$7.00/sh+414,286$2,900,002→ 2,090,170 total(indirect: By Hatteras Venture Partners IV SBIC, LP) - Sale
Common Stock
2016-06-07$7.00/sh−69$483→ 1,675,884 total(indirect: By Hatteras Venture Partners IV SBIC, LP) - Conversion
Series A-1 Preferred Stock
2016-06-07−689,388→ 0 total(indirect: By Hatteras Venture Partners IV SBIC, LP)→ Common Stock (313,358 underlying) - Conversion
Series C Preferred Stock
2016-06-07−337,897→ 0 total(indirect: By Hatteras Venture Partners IV SBIC, LP)→ Common Stock (162,662 underlying) - Exercise of In-Money
Warrant to Purchase Common Stock (right to buy)
2016-06-07−21,705→ 0 total(indirect: By Hatteras Venture Partners IV SBIC, LP)Exercise: $0.02From: 2014-04-28→ Common Stock (21,705 underlying) - Conversion
Common Stock
2016-06-07+1,598,223→ 1,654,248 total(indirect: By Hatteras Venture Partners IV SBIC, LP) - Conversion
Series A Preferred Stock
2016-06-07−2,035,908→ 0 total(indirect: By Hatteras Venture Partners IV SBIC, LP)→ Common Stock (925,412 underlying) - Conversion
Series B Preferred Stock
2016-06-07−432,941→ 0 total(indirect: By Hatteras Venture Partners IV SBIC, LP)→ Common Stock (196,791 underlying)
Footnotes (5)
- [F1]The total represents shares received upon conversion of shares of Series A Preferred Stock, Series A-1 Preferred Stock, Series B Preferred Stock and Series C Preferred Stock.
- [F2]Effective immediately prior to the closing of the Issuer's initial public offering of its common stock, each share of Series A Preferred Stock, Series A-1 Preferred Stock and Series B Preferred Stock automatically converted into 0.454545 shares of the Issuer's common stock, and each share of Series C Preferred Stock automatically converted into 0.4814 shares of the Issuer's common stock. The Preferred Stock had no expiration date.
- [F3]The reportable securities are owned directly by Hatteras Venture Partners IV SBIC, LP ("HVP IV"). Hatteras Venture Advisors IV SBIC, LLC is the general partner of HVP IV (the "GP"). The securities directly held by HVP IV are indirectly held by the individual managing members of GP (each, a "GP Managing Member" and collectively, the "GP Managing Members"). The GP Managing Members are John Crumpler, Clay Thorp, Ken Lee, Douglas Reed and Robert Ingram. The GP Managing Members may share voting and dispositive power over the securities directly held by HVP IV. Each GP Managing Member disclaims beneficial ownership of these securities and this report is not an admission that any GP Managing Member is a beneficial owner of such securities for purposes of Section 16 or for any other purpose, except to the extent of his pecuniary interest therein.
- [F4]On June 7, 2016, HVP IV exercised a warrant to purchase 21,705 shares of Issuer's common stock for $0.022 per share. HVP IV paid the exercise price on a cashless basis, resulting in the Issuer's withholding of an aggregate of 69 of the warrant shares to pay the exercise price and issuing to the HVP IV the remaining 21,636 shares.
- [F5]This warrant would have expired upon the closing of the Issuer's initial public offering.
Documents
Issuer
Clearside Biomedical, Inc.
CIK 0001539029
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001675232
Filing Metadata
- Form type
- 4
- Filed
- Jun 6, 8:00 PM ET
- Accepted
- Jun 7, 4:35 PM ET
- Size
- 33.0 KB