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MetaVia Inc. — Director's Dealing 2016
Aug 12, 2016
34919_dirs_2016-08-12_45e7364a-ff7f-4c97-8471-566b90d163a8.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Gemphire Therapeutics Inc. (GEMP)
CIK: 0001638287
Period of Report: 2016-08-10
Reporting Person: Sooch Mina (Director, President & CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-08-10 | Common Stock | C | 11078 | — | Acquired | 11078 | Indirect |
| 2016-08-10 | Common Stock | J | 1212 | $6.7059 | Acquired | 12290 | Indirect |
| 2016-08-10 | Common Stock | C | 27141 | $6.7059 | Acquired | 39431 | Indirect |
| 2016-08-10 | Common Stock | P | 52500 | $10.00 | Acquired | 693732 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-08-10 | Series A Convertible Preferred Stock | $ | C | 11078 | Disposed | Common Stock (11078) | Indirect | |
| 2016-08-10 | 8% Convertible Subordinated Promissory Notes | $6.7059 | C | Disposed | Common Stock (27141) | Indirect |
Footnotes
F1: The Series A Convertible Preferred Stock converted into shares of common stock, par value $0.001 per share (the "Common Stock"), of Gemphire Therapeutics Inc. (the "Company") on a one-for-one basis immediately prior to the closing of the Company's initial public offering and had no expiration date.
F2: Arvinder Sooch is the reporting person's husband. These shares are indirectly owned by him as trustee of the Arvinder S. Sooch Trust.
F3: Represents shares of Common Stock issued for payment of accrued dividends on the Series A Convertible Preferred Stock.
F4: The notes were issued in the original principal amount of $175,000. The outstanding principal and $7,015 of accrued interest on the notes automatically converted into shares of Common Stock immediately prior to the closing of the Company's initial public offering.