4//SEC Filing
SILVERSTEIN JONATHAN 4
Accession 0001209191-19-011346
CIK 0001343304other
Filed
Feb 18, 7:00 PM ET
Accepted
Feb 19, 7:18 PM ET
Size
19.4 KB
Accession
0001209191-19-011346
Insider Transaction Report
Form 4
AVEDRO INCAVDR
SILVERSTEIN JONATHAN
Director10% Owner
Transactions
- Conversion
Common Stock
2019-02-19+3,370,786→ 3,523,204 total(indirect: See Footnote) - Conversion
Series AA Convertible Preferred Stock
2019-02-19−3,370,786→ 0 total(indirect: See Footnote)→ Common Stock (3,370,786 underlying) - Conversion
Series BB Convertible Preferred Stock
2019-02-19−333,178→ 0 total(indirect: See Footnote)→ Common Stock (333,178 underlying) - Conversion
Common Stock
2019-02-19+333,178→ 3,856,382 total(indirect: See Footnote) - Conversion
Common Stock
2019-02-19+383,746→ 4,240,128 total(indirect: See Footnote) - Conversion
Series CC Convertible Preferred Stock
2019-02-19−383,746→ 0 total(indirect: See Footnote)→ Common Stock (383,746 underlying) - Award
Stock Option (right to buy)
2019-02-19+8,314→ 8,314 totalExercise: $12.73Exp: 2029-01-08→ Common Stock (8,314 underlying)
Footnotes (4)
- [F1]Each share of Series AA Convertible Preferred Stock, Series BB Convertible Preferred Stock and Series CC Convertible Preferred Stock was convertible at any time, at the option of the holder, into Common Stock, on a one-for-one basis, had no expiration date and converted into shares of Common Stock upon the closing of the Issuer's initial public offering.
- [F2]These securities are held of record by OrbiMed Private Investments VI, LP ("OPI VI"). OrbiMed Capital GP VI LLC ("GP VI") is the sole general partner of OPI VI, and OrbiMed Advisors LLC ("Advisors"), a registered adviser under the Investment Advisers Act of 1940, as amended, is the sole managing member of GP VI. By virtue of such relationships, GP VI and Advisors may be deemed to have voting and investment power with respect to the securities held by OPI VI noted above and as a result may be deemed to have beneficial ownership over such securities. The Reporting Person is a member of Advisors.
- [F3]Each of GP VI, Advisors, and the Reporting Person disclaims beneficial ownership of the securities reported herein for purposes of Rule 16a-1(a) under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), except to the extent of its or his pecuniary interest therein, if any. This report shall not be deemed an admission that any such entity or person is a beneficial owner of such securities for the purpose of Section 16 of the Exchange Act, or for any other purpose.
- [F4]One hundred percent (100%) of the shares subject to the option shall vest on the earlier of (x) June 1, 2020 and (y) the first anniversary of the first annual meeting of the Issuer's stockholders following the Issuer's initial public offering, subject to the Reporting Person continuing to provide service through such date.
Documents
Issuer
AVEDRO INC
CIK 0001343304
Entity typeother
Related Parties
1- filerCIK 0001171005
Filing Metadata
- Form type
- 4
- Filed
- Feb 18, 7:00 PM ET
- Accepted
- Feb 19, 7:18 PM ET
- Size
- 19.4 KB