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Beta Bionics, Inc. — Director's Dealing 2025
Jan 30, 2025
32351_dirs_2025-01-29_43b44a88-dfb1-4037-91a1-2680f14eac3b.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: Beta Bionics, Inc. (BBNX)
CIK: 0001674632
Period of Report: 2025-01-29
Reporting Person: Mensinger Mike (N/A)
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Series D Preferred Stock | $ | Class B Common Stock (15107) | Direct | ||
| Class B Common Stock Warrant (right to buy) | $0.02 | 2033-08-27 | Class B Common Stock (10575) | Direct | |
| Employee Stock Option (right to buy) | $5.10 | 2033-09-13 | Class B Common Stock (236553) | Direct |
Footnotes
F1: Each share of Series D Preferred Stock (the "Preferred Stock") is convertible into shares of Class B Common Stock of the Issuer on a one-for-one basis without payment of further consideration. Upon the closing of the Issuer's initial public offering (the "IPO"), the Preferred Stock will convert into the number of shares of Class B Common Stock of the Issuer shown in column 3 and subsequently into an equal number of shares of Common Stock of the Issuer. The Preferred Stock has no expiration date.
F2: In accordance with the Issuer's Amended and Restated Certificate of Incorporation, the Issuer's outstanding shares of Class B Common Stock will convert into an equal number of shares of Common Stock immediately prior to the closing of the IPO.
F3: One-fourth of the shares subject to this option shall vest one year after August 1, 2023, and thereafter 1/36th of the shares subject to this option shall vest on each monthly anniversary thereof.