ORTHOPEDIATRICS CORP — Director's Dealing 2017

Oct 11, 2017

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: ORTHOPEDIATRICS CORP (KIDS)
CIK: 0001425450
Period of Report: 2017-10-11

Reporting Person: Squadron Capital LLC (10% Owner)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1206	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option (Right to Buy)	$30.97	2022-08-23	Common Stock (1340)		Direct
Series A Convertible Preferred Stock	$23.88		Common Stock (670000)		Direct
Series B Convertible Preferred Stock	$13.09		Common Stock (2785833)		Direct

Footnotes

F1: The stock option is fully vested and immediately exercisable.

F2: All outstanding shares of Series A Convertible Preferred Stock (the "Series A Stock") are held by the reporting person. The Series A Stock is convertible at any time at the reporting person's election into shares of Common Stock at the then-existing conversion price, and has no expiration date. Upon the closing of the initial public offering of the Common Stock, a $16.0 million preference payment, together with all accrued and unpaid dividends, on the Series A Stock will automatically convert into shares of Common Stock at a conversion price equal to the initial public offering price.

F3: The Series B Convertible Preferred Stock is convertible at any time at the holder's election into shares of Common Stock at the then-existing conversion price, and has no expiration date.