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CVRx, Inc. — Director's Dealing 2021
Jun 30, 2021
33690_dirs_2021-06-29_f43617f9-3fe5-4879-9302-a7d8c9ec37e3.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: CVRx, Inc. (CVRX)
CIK: 0001235912
Period of Report: 2021-06-29
Reporting Person: NEA PARTNERS 10 L P (10% Owner)
Reporting Person: SANDELL SCOTT D (10% Owner)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 1384 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Series A-2 Preferred Stock | $ | Common Stock (58175) | Indirect | ||
| Series B-2 Preferred Stock | $ | Common Stock (57241) | Indirect | ||
| Series B-2 Preferred Stock | $ | Common Stock (14933) | Indirect | ||
| Series C-2 Preferred Stock | $ | Common Stock (71077) | Indirect | ||
| Series C-2 Preferred Stock | $ | Common Stock (9333) | Indirect | ||
| Series D-2 Preferred Stock | $ | Common Stock (80178) | Indirect | ||
| Series D-2 Preferred Stock | $ | Common Stock (10371) | Indirect | ||
| Series E-2 Preferred Stock | $ | Common Stock (83396) | Indirect | ||
| Series F-2 Preferred Stock | $ | Common Stock (253605) | Indirect | ||
| Series F-2 Preferred Stock | $ | Common Stock (19666) | Indirect | ||
| Series G Preferred Stock | $ | Common Stock (1196911) | Indirect | ||
| Series G Preferred Stock | $ | Common Stock (92951) | Indirect |
Footnotes
F1: The securities are directly held by New Enterprise Associates 8A, Limited Partnership ("NEA 8A") and are indirectly held by NEA Partners 10, Limited Partnership ("NEA Partners 10"), the sole general partner of NEA 8A, and Scott D. Sandell, the individual general partner of NEA Partners 10 (NEA Partners 10 and Mr. Sandell, together, the "NEA 8A Indirect Reporting Persons"). The NEA 8A Indirect Reporting Persons disclaim beneficial ownership within the meaning of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise of such portion of the securities held by NEA 8A in which the NEA 8A Indirect Reporting Persons have no pecuniary interest.
F2: Each share of preferred stock is convertible, at the option of the holder, into shares of common stock at the then-effective conversion ratio for no additional consideration and has no expiration date. The shares of preferred stock will automatically convert into shares of common stock at the then-appliable conversion rate for no additional consideration (subject to the payment of cash in lieu of any fractional shares) upon the closing of the Issuer's initial public offering. The conversion rates reported reflect the conversion ratios under the Issuer's certificate of incorporation, adjusted to give effect to the previously effected 1-for-39.548 reverse stock split of the common stock.
F3: Shares of Series A-2 Convertible Preferred Stock, Series B-2 Convertible Preferred Stock, Series C-2 Convertible Preferred Stock, Series D-2 Convertible Preferred Stock, Series E-2 Convertible Preferred Stock and F-2 Convertible Preferred Stock are convertible into shares of common stock at a rate of 1-for-0.025857287.
F4: The securities are directly held by New Enterprise Associates 10, Limited Partnership ("NEA 10") and indirectly held by NEA Partners 10, the sole general partner of NEA 10, and Scott D. Sandell, the individual general partner of NEA Partners 10 (NEA Partners 10 and Mr. Sandell, together, the "NEA 10 Indirect Reporting Persons"). The NEA 10 Indirect Reporting Persons disclaim beneficial ownership within the meaning of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise of such portion of the securities held by NEA 10 in which the NEA 10 Indirect Reporting Persons have no pecuniary interest.
F5: Shares of Series G Convertible Preferred Stock are convertible into shares of common stock at a rate of 1-for-0.0632143218.