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STAAR SURGICAL CO — Director's Dealing 2015
May 29, 2015
31996_dirs_2015-05-29_d7754b5f-fa64-48b5-86ec-a2e9f8ab1c7a.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: STAAR SURGICAL CO (STAA)
CIK: 0000718937
Period of Report: 2015-05-27
Reporting Person: BROADWOOD PARTNERS LP (10% Owner)
Reporting Person: BRADSHER NEAL C (10% Owner)
Reporting Person: BROADWOOD CAPITAL INC (10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-05-27 | Common Stock | X | 700000 | $4.00 | Acquired | 8117582 | Direct |
| 2015-05-27 | Common Stock | X | 0 | — | Acquired | 8117582 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-05-27 | Common Stock Warrants | $4.00 | X | 700000 | Disposed | 2015-06-01 | Common Stock (700000) | Direct |
| 2015-05-27 | Common Stock Warrants | $4.00 | X | 0 | Disposed | 2015-06-01 | Common Stock (0) | Indirect |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 25900 | Direct |
Footnotes
F1: These securities are owned by Broadwood Partners, L.P., which is a Reporting Person.
F2: The reported securities are directly owned by Broadwood Partners, L.P. and may be deemed beneficially owned by Broadwood Capital, Inc. as General Partner of Broadwood Partners, L.P. and Neal C. Bradsher as President of Broadwood Capital, Inc. The Reporting Persons disclaim beneficial ownership of the reported securities except to the extent of his or its pecuniary interest therein, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
F3: These securities are owned by Neal C. Bradsher, who is a Reporting Person.
F4: These warrants were exercisable with the underlying common shares issuable 61 days following the exercise date.
F5: These warrants were granted to Broadwood Partners, L.P. on June 1, 2009 pursuant to a warrant agreement between STAAR Surgical Company (the "Issuer") and Broadwood Partners, L.P. ( the "Warrant Agreement") as additional consideration for Broadwood Partners, L.P. to enter into a senior promissory note between Broadwood Partners, L.P. and the Issuer on December 14, 2007.
F6: Reflects the exercise of common stock warrants for 700,000 common shares by Broadwood Partners, L.P.