4//SEC Filing
George Jean 4
Accession 0001641172-25-022247
CIK 0001699350other
Filed
Aug 4, 8:00 PM ET
Accepted
Aug 5, 4:05 PM ET
Size
19.6 KB
Accession
0001641172-25-022247
Insider Transaction Report
Form 4
Transactions
- Conversion
Series C Convertible Preferred Stock
2025-08-01−20,930,233→ 0 total(indirect: See Footnotes)→ Common Stock (1,096,971 underlying) - Conversion
Common Stock
2025-08-01+1,618,470→ 1,618,470 total(indirect: See Footnotes) - Purchase
Common Stock
2025-08-01$15.00/sh+266,666$3,999,990→ 1,885,136 total(indirect: See Footnotes) - Conversion
Series D Convertible Preferred Stock
2025-08-01−9,950,208→ 0 total(indirect: See Footnotes)→ Common Stock (521,499 underlying)
Transactions
- Conversion
Common Stock
2025-08-01+1,618,470→ 1,618,470 total(indirect: See Footnotes) - Conversion
Series C Convertible Preferred Stock
2025-08-01−20,930,233→ 0 total(indirect: See Footnotes)→ Common Stock (1,096,971 underlying) - Purchase
Common Stock
2025-08-01$15.00/sh+266,666$3,999,990→ 1,885,136 total(indirect: See Footnotes) - Conversion
Series D Convertible Preferred Stock
2025-08-01−9,950,208→ 0 total(indirect: See Footnotes)→ Common Stock (521,499 underlying)
Plain Henry A JR
Other
Transactions
- Conversion
Common Stock
2025-08-01+1,618,470→ 1,618,470 total(indirect: See Footnotes) - Conversion
Series D Convertible Preferred Stock
2025-08-01−9,950,208→ 0 total(indirect: See Footnotes)→ Common Stock (521,499 underlying) - Purchase
Common Stock
2025-08-01$15.00/sh+266,666$3,999,990→ 1,885,136 total(indirect: See Footnotes) - Conversion
Series C Convertible Preferred Stock
2025-08-01−20,930,233→ 0 total(indirect: See Footnotes)→ Common Stock (1,096,971 underlying)
George Jean
Other
Transactions
- Conversion
Common Stock
2025-08-01+1,618,470→ 1,618,470 total(indirect: See Footnotes) - Conversion
Series D Convertible Preferred Stock
2025-08-01−9,950,208→ 0 total(indirect: See Footnotes)→ Common Stock (521,499 underlying) - Purchase
Common Stock
2025-08-01$15.00/sh+266,666$3,999,990→ 1,885,136 total(indirect: See Footnotes) - Conversion
Series C Convertible Preferred Stock
2025-08-01−20,930,233→ 0 total(indirect: See Footnotes)→ Common Stock (1,096,971 underlying)
Transactions
- Conversion
Series D Convertible Preferred Stock
2025-08-01−9,950,208→ 0 total(indirect: See Footnotes)→ Common Stock (521,499 underlying) - Conversion
Common Stock
2025-08-01+1,618,470→ 1,618,470 total(indirect: See Footnotes) - Purchase
Common Stock
2025-08-01$15.00/sh+266,666$3,999,990→ 1,885,136 total(indirect: See Footnotes) - Conversion
Series C Convertible Preferred Stock
2025-08-01−20,930,233→ 0 total(indirect: See Footnotes)→ Common Stock (1,096,971 underlying)
Footnotes (4)
- [F1]Immediately prior to the closing of the Issuer's initial public offering, the shares of preferred stock of the Issuer automatically converted into shares of Common Stock on a one-for-0.052410901 basis.
- [F2]LSV Associates II, LLC is the general partner of Lightstone Ventures II, L.P. ("LSV II") and Lightstone Ventures II (A), L.P. ("LSV II (A)") and has sole voting and dispositive power with respect to the shares held by LSV II and LSV II (A). The reporting person is a managing director of LSV Associates II, LLC, and shares voting and dispositive power with respect to the shares held of record by LSV II and LSV II (A). Jean George, Michael A. Carusi and Henry A. Plain, Jr. are the managing directors of LSV Associates II, LLC, and share voting and dispositive power with respect to the shares held of record by LSV II and LSV II (A). Mr. Carusi is a director of the Issuer and files separate Section 16 reports. Each of the reporting persons disclaims beneficial ownership of such shares except to the extent of his, her or its respective pecuniary interest therein.
- [F3]Following the transactions reported in this Form 4, (i) 1,781,479 shares of Common Stock are held by LSV II and (ii) 103,657 shares of Common Stock are held by LSV II (A).
- [F4]Consists of (i) 1,036,638 shares of Common Stock underlying Series C Preferred Stock and 492,833 shares of Common Stock underlying Series D Preferred Stock held by LSV II; and (ii) 60,333 shares of Common Stock underlying Series C Preferred Stock and 28,666 shares of Common Stock underlying Series D Preferred Stock held by LSV II (A).
Documents
Issuer
SHOULDER INNOVATIONS, INC.
CIK 0001699350
Entity typeother
Related Parties
1- filerCIK 0001291804
Filing Metadata
- Form type
- 4
- Filed
- Aug 4, 8:00 PM ET
- Accepted
- Aug 5, 4:05 PM ET
- Size
- 19.6 KB