Will Allan R 4

4 · XTENT INC · Filed Jun 22, 2007

Form 4

Period: 2007-06-20

Director10% Owner

Transactions

Award
Non-Statutory Stock Option (right to buy)
2007-06-20+10,000→ 10,000 total
Exercise: $8.94Exp: 2017-06-20→ Common Stock (10,000 underlying)

Holdings

Footnotes (4)

[F1]Represents securities held directly by The Will Family Trust, which the Reporting Person is a Trustee.
[F2]Represents securities held directly by SPVC VI, LLC (formerly St. Paul Venture Capital VI, LLC), which is jointly managed by Split Rock Partners, LLC and Vesbridge Partners, LLC. Voting and investment power over the shares, however, has been delegated solely to Split Rock Partners, LLC. Split Rock Partners, LLC has delegated voting and investment decisions with respect to the shares to four individuals (one of whom is the reporting person) who require a two-thirds vote to act. The reporting person may be deemed to be an indirect beneficial owner of the reported securities. The reporting person disclaims any beneficial ownership of the reported securities, except to the extent of any pecuniary interest therein. This report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
[F3]100% of this Option shall vest upon the earlier of (i) the day immediately preceding the date upon which the Company's 2008 annual stockholders' meeting occurs, and (ii) December 31, 2008.
[F4]Pursuant to a letter agreement with SPVC VI, LLC, the Reporting Person holds this Option for the sole benefit of SPVC VI, LLC.

Documents

1 file