BARRETT M JAMES 4
4 · Liquidia Technologies Inc · Filed Aug 1, 2018
Insider Transaction Report
Form 4
BARRETT M JAMES
10% Owner
Transactions
- Conversion
Common Stock
2018-07-30+515,547→ 526,667 total(indirect: See Note 2) - Purchase
Common Stock
2018-07-30$11.00/sh+545,455$6,000,005→ 2,484,870 total(indirect: See Note 2) - Conversion
Series D Preferred Stock
2018-07-30−16,502,833→ 0 total(indirect: See Note 2)→ Common Stock (980,715 underlying) - Other
Warrant to purchase Common Stock
2018-07-30+40,702→ 40,702 total(indirect: See Note 2)Exercise: $0.01From: 2017-02-17Exp: 2026-12-31→ Common Stock (40,702 underlying) - Conversion
Series B Preferred Stock
2018-07-30−3,645,307→ 0 total(indirect: See Note 2)→ Common Stock (515,547 underlying) - Conversion
Common Stock
2018-07-30+980,715→ 1,939,415 total(indirect: See Note 2) - Conversion
Series C Preferred Stock
2018-07-30−3,337,206→ 0 total(indirect: See Note 2)→ Common Stock (432,033 underlying) - Conversion
Common Stock
2018-07-30+432,033→ 958,700 total(indirect: See Note 2) - Other
Warrant to purchase Series D Preferred Stock
2018-07-30−684,911→ 0 total(indirect: See Note 2)Exercise: $0.01From: 2017-02-17Exp: 2026-12-31→ Series D Preferred Stock (40,702 underlying)
Footnotes (5)
- [F1]The Series B preferred stock had no expiration date and automatically converted into the Issuer's common stock on a 0.1414-for-1 basis immediately prior to the closing of the Issuer's initial public offering.
- [F2]The Reporting Person is a manager of NEA 12 GP, LLC, which is the sole general partner of NEA Partners 12, Limited Partnership ("NEA Partners 12"). NEA Partners 12 is the sole general partner of New Enterprise Associates 12, Limited Partnership ("NEA 12"), the direct beneficial owner of the securities. The Reporting Person disclaims beneficial ownership within the meaning of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise of such portion of the securities held by NEA 12 in which the Reporting Person has no pecuniary interest.
- [F3]The Series C preferred stock had no expiration date and automatically converted into the Issuer's common stock on a 0.1295-for-1 basis immediately prior to the closing of the Issuer's initial public offering.
- [F4]The Series D preferred stock had no expiration date and automatically converted into the Issuer's common stock on a 0.0594-for-1 basis immediately prior to the closing of the Issuer's initial public offering.
- [F5]Immediately prior to the closing of the Issuer's initial public offering and without payment of further consideration, the Warrants to purchase Series D Preferred Stock automatically became exercisable to purchase the Issuer's common stock. The transaction is listed solely for the purpose of reporting the change of the title and amount of securities underlying the warrant.