4//SEC Filing
Mintz Hal 4
Accession 0001535610-12-000018
CIK 0001375200other
Filed
Nov 8, 7:00 PM ET
Accepted
Nov 9, 1:45 PM ET
Size
13.5 KB
Accession
0001535610-12-000018
Insider Transaction Report
Form 4
NUPATHE INC.path
Mintz Hal
10% Owner
Transactions
- Other
Series A Preferred Stock
2012-11-08−0→ 2,500,000 total(indirect: Investment Manager)Exercise: $2.00From: 2012-10-23→ Common Stock (1,474,904 underlying) - Other
Warrant
2012-10-23+0→ 2,500,000 total(indirect: Investment Manager)Exercise: $2.00From: 2013-04-23Exp: 2017-10-23→ Common Stock (738,042 underlying)
Transactions
- Other
Warrant
2012-10-23+0→ 2,500,000 total(indirect: Investment Manager)Exercise: $2.00From: 2013-04-23Exp: 2017-10-23→ Common Stock (738,042 underlying) - Other
Series A Preferred Stock
2012-11-08−0→ 2,500,000 total(indirect: Investment Manager)Exercise: $2.00From: 2012-10-23→ Common Stock (1,474,904 underlying)
SABBY MANAGEMENT, LLC
10% Owner
Transactions
- Other
Series A Preferred Stock
2012-11-08−0→ 2,500,000 total(indirect: Investment Manager)Exercise: $2.00From: 2012-10-23→ Common Stock (1,474,904 underlying) - Other
Warrant
2012-10-23+0→ 2,500,000 total(indirect: Investment Manager)Exercise: $2.00From: 2013-04-23Exp: 2017-10-23→ Common Stock (738,042 underlying)
Footnotes (9)
- [F1]This is the first date the securities can be converted.
- [F2]Pursuant to the terms of a Blocker Letter, the reporting persons cannot convert Series A Preferred Stock until such time as the reporting persons would not beneficially own, after any such conversion, more than 9.999% of the outstanding shares of Common Stock; accordingly, this is an "exit" filing for the reporting persons.
- [F3]There is no expiration date.
- [F4]Sabby Healthcare Volatility Master Fund, Ltd. ("SHVMF") owns Series A Preferred Stock convertible into 2,000,000 common shares and Sabby Volatility Warrant Master Fund, Ltd. (SVWMF") owns Series A Preferred Stock convertible into 500,000 shares. See also footnote 2 describing the Blocker Letter applicable to these holdings.
- [F5]SHVMF owns Series A Preferred Stock with a notional value of $4,000,000 and SVWMF owns Series A Preferred Stock with a notional value of $1,000,000.
- [F6]The securities are held by SHVMF and SVWMF, Sabby Management, LLC serves as investment manager of SHVMF and SVWMF, Hal Mintz is the manager of Sabby Management, LLC and Hal Mintz and Sabby Management, LLC disclaim beneficial ownership of the securities held except to the extent of any pecuniary interest therein.
- [F7]No additional transaction has taken place with respect to this security.
- [F8]SHVMF owns warrants exercisable into 2,000,000 common shares and SVWMF owns warrants exercisable into 500,000 common shares. The warrants contain a limitation on exercise prohibiting any holder from exercising warrants if as a result of such exercise the holder and its affiliates would in the aggregate own in excess of 4.999% of the issuer's common stock, accordingly, this is an "exit" filing for the reporting persons.
- [F9]Not applicable.
Documents
Issuer
NUPATHE INC.
CIK 0001375200
Entity typeother
Related Parties
1- filerCIK 0001433766
Filing Metadata
- Form type
- 4
- Filed
- Nov 8, 7:00 PM ET
- Accepted
- Nov 9, 1:45 PM ET
- Size
- 13.5 KB