4//SEC Filing
BERMAN MICHAEL 4
Accession 0001493152-23-017789
CIK 0001433607other
Filed
May 15, 8:00 PM ET
Accepted
May 16, 4:15 PM ET
Size
17.5 KB
Accession
0001493152-23-017789
Insider Transaction Report
Form 4
InspireMD, Inc.NSPR
BERMAN MICHAEL
Director
Transactions
- Purchase
Series I Warrants to purchase Common Stock
2023-05-12$1.63/sh+61,248$100,000→ 61,248 total(indirect: See footnote)Exercise: $1.38From: 2023-05-15→ Common Stock (61,248 underlying) - Purchase
Series J Warrants to purchase Common Stock
2023-05-12$1.63/sh+61,249$100,001→ 61,249 total(indirect: See footnote)Exercise: $1.38From: 2023-05-15→ Common Stock (61,249 underlying) - Purchase
Series H Warrants to purchase Common Stock
2023-05-12$1.63/sh+61,249$100,001→ 61,249 total(indirect: See footnote)Exercise: $1.38From: 2023-05-15→ Common Stock (61,249 underlying) - Purchase
Common Stock
2023-05-12$1.63/sh+122,497$200,001→ 122,497 total(indirect: See footnote) - Purchase
Series K Warrants to purchase Common Stock
2023-05-12$1.63/sh+61,248$100,000→ 61,248 total(indirect: See footnote)Exercise: $1.38From: 2023-05-15→ Common Stock (61,248 underlying)
Holdings
- 42,827
Common Stock
Footnotes (11)
- [F1]The shares of common stock reported in this row represent shares of restricted stock that were acquired in a private placement transaction on May 12, 2023 pursuant to an exemption from the registration requirements under Section 4(a)(2) of the Securities Act of 1933, as amended (the "Private Placement").
- [F10]The aggregate number of warrants reported in this row consists of 61,249 Series K Warrants that were acquired in the Private Placement.
- [F11]The Series K Warrants have a term of the earlier of (i) May 15, 2028 and (ii) 20 trading days following the end of the fourth fiscal quarter after the fiscal quarter in which the first commercial sales of the CGuard Carotid Stent System in the United States begin.
- [F2]The purchase price per share of common stock and associated Series H Warrants, Series I Warrants, Series J Warrants and Series K Warrants in the Private Placement was $1.6327.
- [F3]These securities are held by the Michael Berman Revocable Trust.
- [F4]The aggregate number of warrants reported in this row consists of 61,249 Series H Warrants that were acquired in the Private Placement.
- [F5]The Series H Warrants have a term of the earlier of (i) May 15, 2028 and (ii) 20 trading days following the Company's public release of primary and secondary end points related to one year follow up study results from the Company's C-Guardians pivotal trial.
- [F6]The aggregate number of warrants reported in this row consists of 61,248 Series I Warrants that were acquired in the Private Placement.
- [F7]The Series I Warrants have a term of the earlier of (i) May 15, 2028 and (ii) 20 trading days following the Company's announcement of receipt of Premarket Approval (PMA) from the Food and Drug Administration ("FDA") for the CGuard Prime Carotid Stent System (135 cm).
- [F8]The aggregate number of warrants reported in this row consists of 61,249 Series J Warrants that were acquired in the Private Placement.
- [F9]The Series J Warrants have a term of the earlier of (i) May 15, 2028 and (ii) 20 trading days following the Company's announcement of receipt of FDA approval for the SwitchGuard transcarotid system and CGuard Prime 80 cm.
Documents
Issuer
InspireMD, Inc.
CIK 0001433607
Entity typeother
Related Parties
1- filerCIK 0001186801
Filing Metadata
- Form type
- 4
- Filed
- May 15, 8:00 PM ET
- Accepted
- May 16, 4:15 PM ET
- Size
- 17.5 KB