4//SEC Filing
WORLD HEART CORP 4
Accession 0001391289-12-000004
CIK 0001024520operating
Filed
Aug 5, 8:00 PM ET
Accepted
Aug 6, 7:45 PM ET
Size
16.2 KB
Accession
0001391289-12-000004
Insider Transaction Report
Form 4
WORLD HEART CORPWHRT
VENROCK ASSOCIATES V LP
10% Owner
Transactions
- Disposition to Issuer
Warrant (right to buy)
2012-08-02$0.10/sh−2,107,728$209,719→ 0 total(indirect: By Funds)Exercise: $2.31From: 2010-10-19Exp: 2015-10-19→ Common Stock (2,107,728 underlying) - Disposition to Issuer
Common Stock
2012-08-02−6,162,744→ 0 total(indirect: By Funds)
VEF Management V, LLC
10% Owner
Transactions
- Disposition to Issuer
Common Stock
2012-08-02−6,162,744→ 0 total(indirect: By Funds) - Disposition to Issuer
Warrant (right to buy)
2012-08-02$0.10/sh−2,107,728$209,719→ 0 total(indirect: By Funds)Exercise: $2.31From: 2010-10-19Exp: 2015-10-19→ Common Stock (2,107,728 underlying)
VENROCK PARTNERS V L P
10% Owner
Transactions
- Disposition to Issuer
Common Stock
2012-08-02−6,162,744→ 0 total(indirect: By Funds) - Disposition to Issuer
Warrant (right to buy)
2012-08-02$0.10/sh−2,107,728$209,719→ 0 total(indirect: By Funds)Exercise: $2.31From: 2010-10-19Exp: 2015-10-19→ Common Stock (2,107,728 underlying)
Venrock Entrepreneurs Fund V, L.P.
10% Owner
Transactions
- Disposition to Issuer
Common Stock
2012-08-02−6,162,744→ 0 total(indirect: By Funds) - Disposition to Issuer
Warrant (right to buy)
2012-08-02$0.10/sh−2,107,728$209,719→ 0 total(indirect: By Funds)Exercise: $2.31From: 2010-10-19Exp: 2015-10-19→ Common Stock (2,107,728 underlying)
Venrock Partners Management V, LLC
10% Owner
Transactions
- Disposition to Issuer
Common Stock
2012-08-02−6,162,744→ 0 total(indirect: By Funds) - Disposition to Issuer
Warrant (right to buy)
2012-08-02$0.10/sh−2,107,728$209,719→ 0 total(indirect: By Funds)Exercise: $2.31From: 2010-10-19Exp: 2015-10-19→ Common Stock (2,107,728 underlying)
Venrock Management V, LLC
10% Owner
Transactions
- Disposition to Issuer
Warrant (right to buy)
2012-08-02$0.10/sh−2,107,728$209,719→ 0 total(indirect: By Funds)Exercise: $2.31From: 2010-10-19Exp: 2015-10-19→ Common Stock (2,107,728 underlying) - Disposition to Issuer
Common Stock
2012-08-02−6,162,744→ 0 total(indirect: By Funds)
Footnotes (4)
- [F1]Disposed of pursuant to a merger agreement by and among the Issuer, Ocean Acquisition Holding Inc. and Heartware International, Inc. ("Heartware") in exchange for an aggregate of 18,486 shares of Heartware common stock having a market value of $89.79 per share (based on a ten day Heartware average stock price, ending on and including August 1, 2012) and an aggregate cash payment of $200.40.
- [F2]As of the effective date of the merger with Heartware, Venrock Associates V, L.P. ("VA5") was the record owner of 0 common shares of the Issuer, Venrock Entrepreneurs Fund V, L.P. ("VEF5") was the record owner of 0 common shares of the Issuer, and Venrock Partners V, L.P. ("VP5") was the record owner of 0 common shares of the Issuer (collectively, the "Shares"). As the general partners of VA5, VEF5 and VP5, respectively, Venrock Management V, LLC, VEF Management V, LLC and Venrock Partners Management V, LLC (the "General Partners") may be deemed to own beneficially all of the Shares. Each General Partner disclaims beneficial ownership of the Shares except to the extent of its indirect pecuniary interest therein.
- [F3]These Warrants were cancelled in the merger in exchange for a cash payment of $0.0995 per Warrant share for an aggregate cash payment of $209,718.94.
- [F4]As of the effective date of the merger with Heartware, Venrock Associates V, L.P. ("VA5") was the record owner of 0 warrant securities of the Issuer, Venrock Entrepreneurs Fund V, L.P. ("VEF5") was the record owner of 0 warrant securities of the Issuer, and Venrock Partners V, L.P. ("VP5") was the record owner of 0 warrant securities of the Issuer (collectively, the "Warrants"). As the general partners of VA5, VEF5 and VP5, respectively, Venrock Management V, LLC, VEF Management V, LLC and Venrock Partners Management V, LLC (the "General Partners") may be deemed to own beneficially all of the Warrants. Each General Partner disclaims beneficial ownership of the Warrants except to the extent of its indirect pecuniary interest therein.
Documents
Issuer
WORLD HEART CORP
CIK 0001024520
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001024520
Filing Metadata
- Form type
- 4
- Filed
- Aug 5, 8:00 PM ET
- Accepted
- Aug 6, 7:45 PM ET
- Size
- 16.2 KB