Minerva Neurosciences, Inc. — Director's Dealing 2015

Mar 20, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Minerva Neurosciences, Inc. (NERV)
CIK: 0001598646
Period of Report: 2015-03-18

Reporting Person: Index Venture Associates III Ltd (10% Owner)
Reporting Person: Index Venture Associates IV Ltd (10% Owner)
Reporting Person: Index Venture Associates V Ltd (10% Owner)
Reporting Person: Yucca (Jersey) SLP (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-03-18	Common Stock	P	202634	$4.81	Acquired	5488272	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-03-18	Warrant Shares	$5.772	P	202634	Acquired	2017-03-18	Common Shares (202634)	Indirect

Footnotes

F1: Index Venture Associates III Limited is the general partner of Index Ventures III (Jersey), L.P., Index Ventures III (Delaware), L.P., and Index Ventures III Parallel Entrepreneur Fund (Jersey)L.P. Yucca (Jersey) SLP as Administrator of the Index Co-Investment Scheme acting through Elian Employee Benefit Services Limited. Index Venture Associates IV Limited is the general partner of Index Ventures IV (Jersey) L.P. and Index Ventures IV Parallel Entrepreneur Fund (Jersey) L.P. Index Ventures Associates V Limited is the general partner of Index Ventures V Parallel Entrepreneur Fund (Jersey), L.P. and Index Ventures V (Jersey), L.P.

F2: Michele Ollier, Director of the Issuer, is a partner of Index Ventures S.A. which provides advisory services to the foregoing funds and Dr. Ollier disclaims beneficial ownership of all such shares held by the foregoing funds, except to the extent of her proportionate pecuniary interest therein. Francesco De Rubertis, Director of the Issuer, is a partner of Index Ventures (UK) LLP which acts as investment advisor to the foregoing funds and Dr. De Rubertis disclaims beneficial ownership of all such shares held by the foregoing funds, except to the extent of his proportionate pecuniary interest therein. Index Venture Associates III Limited, Index Venture Associates IV Limited, Index Venture Associates V Limited and Yucca (Jersey) SLP (collectively, the "Index Entities") are members of a "group" for purposes of Section 13(d) of the Exchange Act.

F3: Composed of 35,376 common shares acquired by Index Ventures III (Jersey), L.P., 71,862 common shares acquired by Index Ventures III (Delaware), L.P., 1,280 common shares acquired by Index Ventures III Parallel Entrepreneur Fund (Jersey), L.P., 48,790 common shares acquired by Index Ventures IV (Jersey), L.P., 4,631 common shares acquired by Index Ventures IV Parallel Entrepreneur Fund (Jersey), L.P., 38,584 common shares acquired by Index Ventures V (Jersey), L.P., 313 common shares acquired by Index Ventures V Parallel Entrepreneur Fund (Jersey), L.P., and 1,798 common shares acquired by Yucca (Jersey) SLP.

F4: Composed of 950,997 shares held by Index Ventures III (Jersey), L.P., 1,931,847 shares held by Index Ventures III (Delaware), L.P., 34,414 shares held by Index Ventures III Parallel Entrepreneur Fund (Jersey), L.P., 1,321,464 shares held by Index Ventures IV (Jersey), L.P., 125,434 shares held by Index Ventures IV Parallel Entrepreneur Fund (Jersey), L.P., 1,045,026 shares held by Index Ventures V (Jersey), L.P., 8468 shares held by Index Ventures V Parallel Entrepreneur Fund (Jersey), L.P., and 70,622 shares held by Yucca (Jersey) SLP.

F5: Composed of 35,376 warrant shares held by Index Ventures III (Jersey), L.P., 71,862 warrant shares held by Index Ventures III (Delaware), L.P., 1,280 warrant shares held by Index Ventures III Parallel Entrepreneur Fund (Jersey), L.P., 48,790 warrant shares held by Index Ventures IV (Jersey), L.P., 4,631 warrant shares held by Index Ventures IV Parallel Entrepreneur Fund (Jersey), L.P., 38,584 warrant shares held by Index Ventures V (Jersey), L.P., 313 warrant shares held by Index Ventures V Parallel Entrepreneur Fund (Jersey), L.P., and 1,798 warrant shares held by Yucca (Jersey) SLP.

F6: This Statement Form 4 is being filed jointly by the Index Entities. Each of the Index Entities disclaims beneficial ownership held of record by any of the other Index Entities, except to the extent of their respective proportionate pecuniary interest(s) therein.