4//SEC Filing
Ma-Weaver Jacob 4
Accession 0001937147-24-000007
CIK 0000907654other
Filed
Aug 29, 8:00 PM ET
Accepted
Aug 30, 5:57 PM ET
Size
11.2 KB
Accession
0001937147-24-000007
Insider Transaction Report
Form 4
Ma-Weaver Jacob
Other
Transactions
- Other
Stock option (right to buy)
2024-08-29−6,000→ 0 totalExercise: $1.64Exp: 2034-01-30→ Common stock - Other
Stock option (right to buy)
2024-08-29−6,000→ 0 totalExercise: $2.32Exp: 2032-12-15→ Common stock - Other
Stock option (right to buy)
2024-08-29−12,000→ 0 totalExercise: $2.27Exp: 2032-06-15→ Common stock
Footnotes (3)
- [F1]This Form 4 is filed by Jacob Ma-Weaver. Mr. Ma-Weaver, Funicular Funds, LP, and Cable Car Capital LLC may have been deemed to be members of a Section 13(d) group that may have been deemed to collectively beneficially own more than 10% of the Issuer's outstanding shares of Common Stock. Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein. Following the closing of the Issuer's business combination on August 29, 2024, the Reporting Person is no longer a Director of the Issuer and the group no longer holds more than 10% of its outstanding shares of Common Stock.
- [F2]Pursuant to the terms of the Issuer's business combination agreement, all outstanding Issuer incentive options were canceled, and the holders thereof received an amount in cash equal to the product obtained by multiplying (A) the excess of approximately $3.9489 over the exercise price per share of the Parent Common Stock underlying such Parent Option by (B) the number of shares of the Parent Common Stock underlying such Parent Option.
- [F3]The Reporting Person assigned the proceeds of the option cash-out transactions to Funicular Funds, LP.
Documents
Issuer
ARCA biopharma, Inc.
CIK 0000907654
Entity typeother
Related Parties
1- filerCIK 0001922140
Filing Metadata
- Form type
- 4
- Filed
- Aug 29, 8:00 PM ET
- Accepted
- Aug 30, 5:57 PM ET
- Size
- 11.2 KB