Sinay Soren Maor 4

4 · Venus Concept Inc. · Filed Nov 7, 2019

Insider Transaction Report

Form 4

Period: 2019-11-07

Venus Concept Inc.VERO

Sinay Soren Maor

Chief Operating Officer

Transactions

Award
Common Stock
2019-11-07$3.75/sh+66,659$249,971→ 66,659 total
Award
Employee Stock Options (right to buy)
2019-11-07+2,883→ 2,883 total
Exercise: $1.35Exp: 2023-01-01→ Common Stock (2,883 underlying)
Award
Employee Stock Options (right to buy)
2019-11-07+4,325→ 4,325 total
Exercise: $3.60Exp: 2025-02-05→ Common Stock (4,325 underlying)
Award
Employee Stock Options (right to buy)
2019-11-07+14,417→ 14,417 total
Exercise: $5.25Exp: 2027-03-06→ Common Stock (14,417 underlying)
Award
Employee Stock Options (right to buy)
2019-11-07+36,044→ 36,044 total
Exercise: $7.05Exp: 2027-07-09→ Common Stock (36,044 underlying)
Award
Employee Stock Options (right to buy)
2019-11-07+5,767→ 5,767 total
Exercise: $7.95Exp: 2028-08-08→ Common Stock (5,767 underlying)
Award
Employee Stock Options (right to buy)
2019-11-07+37,485→ 37,485 total
Exercise: $7.95Exp: 2028-10-22→ Common Stock (37,485 underlying)
Award
Warrants (right to buy)
2019-11-07+66,659→ 66,659 total
Exercise: $6.00From: 2020-05-07Exp: 2024-11-07→ Common Stock (33,329.5 underlying)

Footnotes (12)

[F1]These securities were purchased from the Issuer at a purchase price of $3.75 per unit, consisting of one share of Common Stock and a warrant exercisable for 0.5 shares of Common Stock, with two warrants exercisable for one share of Common Stock at an exercise price of $6.00 per share.
[F10]Received, in connection with the Merger, in exchange for an employee stock option to acquire 10,000 Venus Concept Ltd. ordinary shares with an original exercise price of $4.57 per share.
[F11]As of the Transaction Date, 9,369 of these options to acquire Common Stock of the Issuer are fully vested and exercisable. Of the remaining balance, 2,343 options vest and become exercisable quarterly from January 1, 2020 to October 1, 2022.
[F12]Received, in connection with the Merger, in exchange for an employee stock option to acquire 65,000 Venus Concept Ltd. ordinary shares with an original exercise price of $4.57 per share.
[F2]As of the Transaction Date, these options to acquire Common Stock of the Issuer are fully vested and exercisable.
[F3]Received, in connection with the merger of a wholly-owned subsidiary of Restoration Robotics, Inc. with and into Venus Concept Ltd. (the "Merger"), in exchange for an employee stock option to acquire 5,000 Venus Concept Ltd. ordinary shares with an original exercise price of $0.75 per share.
[F4]Received, in connection with the Merger, in exchange for an employee stock option to acquire 7,500 Venus Concept Ltd. ordinary shares with an original exercise price of $2.00 per share.
[F5]As of the Transaction Date, 12,103 of these options to acquire Common Stock of the Issuer are fully vested and exercisable. Of the remaining balance, 1,202 options vest and become exercisable on each of December 6, 2019 and March 6, 2020.
[F6]Received, in connection with the Merger, in exchange for an employee stock option to acquire 25,000 Venus Concept Ltd. ordinary shares with an original exercise price of $3.00 per share.
[F7]As of the Transaction Date, 19,520 of these options to acquire Common Stock of the Issuer are fully vested and exercisable. Of the remaining balance, 751 options vest and become exercisable monthly from November 9, 2019 through July 9, 2021, with the final vesting of 752 options on August 9, 2021.
[F8]Received, in connection with the Merger, in exchange for an employee stock option to acquire 62,500 Venus Concept Ltd. ordinary shares with an original exercise price of $4.00 per share.
[F9]As of the Transaction Date, 1,679 of these options to acquire Common Stock of the Issuer are fully vested and exercisable. The remaining balance of 4,088 options vest ratably and become exercisable each month from November 8, 2019 to August 8, 2022.

Documents

1 file

4
edgar.xmlPrimary
PRIMARY DOCUMENT