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Venus Concept Inc. — Director's Dealing 2017
Oct 13, 2017
35449_dirs_2017-10-13_39d50c6d-a4ab-4255-a56d-78488cc8051a.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Restoration Robotics Inc (HAIR)
CIK: 0001409269
Period of Report: 2017-10-11
Reporting Person: Clarus Lifesciences II, L.P. (10% Owner)
Reporting Person: Clarus Ventures II GP, L.P. (10% Owner)
Reporting Person: Clarus Ventures II, LLC (10% Owner)
Reporting Person: Simon Nicholas (10% Owner)
Reporting Person: LIPTAK ROBERT (10% Owner)
Reporting Person: GALAKATOS NICHOLAS (10% Owner)
Reporting Person: HENNER DENNIS (10% Owner)
Reporting Person: WHEELER KURT (10% Owner)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-10-11 | Convertible Promissory Note | $7 | J | Acquired | Common Stock () | Direct |
Footnotes
F1: The securities were originally acquired from the Issuer on September 6, 2017; however, the conversion price was set upon the pricing of the Issuer's Initial Public Offering (the "IPO").
F2: The amount reported represents the principal amount of the Reporting Person's Convertible Promissory Note (the "Note") only. Accrued interest of 5% per year based on the actual number of days outstanding through the conversion date will also convert.
F3: The outstanding principal and accrued interest of the Note automatically converts into shares of the Issuer's Common Stock at the price per share available to the public as set forth in the final prospectus related to the IPO upon the closing of the IPO; if not so converted, the Note has a maturity date of September 6, 2018, at which time it will automatically convert into shares of the Issuer's capital stock.
F4: The convertible promissory note is directly held by Clarus Lifesciences II, L.P. ("Clarus"). Clarus Ventures II GP, L.P. (the "GPLP"), as the sole general partner of Clarus, may be deemed to beneficially own certain of the shares held by Clarus. Clarus Ventures II, LLC (the "GPLLC"), as the sole general partner of the GPLP, may be deemed to beneficially own certain of the shares held by Clarus. Each of he GPLP and the GPLLC disclaim beneficial ownership of all shares held by Clarus in which it does not have an actual pecuniary interest.