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iRhythm Technologies, Inc. — Director's Dealing 2016
Oct 25, 2016
30977_dirs_2016-10-25_2abadd8a-cb69-4b0c-9467-0b1eadc782b1.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: iRhythm Technologies, Inc. (IRTC)
CIK: 0001388658
Period of Report: 2016-10-25
Reporting Person: SYNERGY LIFE SCIENCE PARTNERS L P (10% Owner)
Reporting Person: Synergy Venture Partners, LLC (10% Owner)
Reporting Person: Jain Mudit K. (10% Owner)
Reporting Person: Stack Richard S. (10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-10-25 | Common Stock | C | 2384524 | — | Acquired | 2384524 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-10-25 | Series A Convertible Preferred Stock | $ | C | 264419 | Disposed | Common Stock (264419) | Direct | |
| 2016-10-25 | Series A Convertible Preferred Stock | $ | C | 837328 | Disposed | Common Stock (837328) | Direct | |
| 2016-10-25 | Series A Convertible Preferred Stock | $ | C | 528838 | Disposed | Common Stock (528838) | Direct | |
| 2016-10-25 | Series B Convertible Preferred Stock | $ | C | 67768 | Disposed | Common Stock (135833) | Direct | |
| 2016-10-25 | Series C Convertible Preferred Stock | $ | C | 38358 | Disposed | Common Stock (86184) | Direct | |
| 2016-10-25 | Series C Convertible Preferred Stock | $ | C | 81174 | Disposed | Common Stock (182387) | Direct | |
| 2016-10-25 | Series D Convertible Preferred Stock | $ | C | 179011 | Disposed | Common Stock (179011) | Direct | |
| 2016-10-25 | Series E Convertible Preferred Stock | $ | C | 114018 | Disposed | Common Stock (114018) | Direct | |
| 2016-10-25 | Series E Convertible Preferred Stock | $ | C | 56506 | Disposed | Common Stock (56506) | Direct | |
| 2016-10-25 | Series D Preferred Stock Warrant (Right to Buy) | $0.001 | C | 49581 | Disposed | 2019-11-01 | Common Stock (49581) | Direct |
Footnotes
F1: The Series A Convertible Preferred Stock converted into Common Stock on a 1-for-1 basis and had no expiration date.
F2: The Series B Convertible Preferred Stock converted into Common Stock on a 2.00438849-for-1 basis and had no expiration date.
F3: The Series C Convertible Preferred Stock converted into Common Stock on a 2.24685484-for-1 basis and had no expiration date.
F4: The Series D Convertible Preferred Stock converted into Common Stock on a 1-for-1 basis and had no expiration date.
F5: The Series E Convertible Preferred Stock converted into Common Stock on a 1-for-1 basis and had no expiration date.
F6: Reflects 5.882698 for 1 reverse stock split which became effective on October 5, 2016.
F7: Synergy Venture Partners, LLC ("SVP LLC") serves as the sole General Partner of Synergy Life Science Partners, LP ("Synergy"). As such, SVP LLC possesses sole voting and investment control over the securities owned by Synergy, and may be deemed to have indirect beneficial ownership of the securities held by Synergy. SVP LLC, however, owns no securities of the Issuer directly. Messrs. Stack, Jain and Starling are Managers of SVP LLC and share voting and dispositive power over the shares held by Synergy. Each Reporting Person disclaims beneficial ownership of the shares held by Synergy except to the extent of his or its proportionate pecuniary interest therein.