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Venus Concept Inc. Director's Dealing 2019

Nov 7, 2019

35449_dirs_2019-11-07_d64033fa-3a02-4897-9f62-b1345a1b5203.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Venus Concept Inc. (VERO)
CIK: 0001409269
Period of Report: 2019-11-07

Reporting Person: Lacchin Louise (Director)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2019-11-07 Employee Stock Options (right to buy) $5.25 A 17301 Acquired 2025-07-27 Common Stock (17301) Direct
2019-11-07 Employee Stock Options (right to buy) $5.25 A 11534 Acquired 2027-03-06 Common Stock (11534) Direct
2019-11-07 Employee Stock Options (right to buy) $7.95 A 2883 Acquired 2029-03-08 Common Stock (2883) Direct

Footnotes

F1: As of the Transaction Date, these options to acquire Common Stock of the Issuer are fully vested and exercisable.

F2: Received, in connection with the merger of a wholly-owned subsidiary of Restoration Robotics, Inc. with and into Venus Concept Ltd. (the "Merger"), in exchange for an employee stock option to acquire 30,000 Venus Concept Ltd. ordinary shares with an original exercise price of $3.00 per share.

F3: As of the Transaction Date, 9,610 of these options to acquire Common Stock of the Issuer are fully vested and exercisable. Of the remaining balance, 962 options vest and become exercisable on each of December 6, 2019 and March 6, 2020.

F4: Received, in connection with the Merger, in exchange for an employee stock option to acquire 20,000 Venus Concept Ltd. ordinary shares for $3.00 per share.

F5: As of the Transaction Date, 358 of these options to acquire Common Stock of the Issuer are fully vested and exercisable. Of the remaining balance, 180 options vest and become exercisable quarterly from December 8, 2019 through December 8, 2022, with the final tranche of 185 options vesting on March 8, 2023.

F6: Received, in connection with the Merger, in exchange for an employee stock option to acquire 5,000 Venus Concept Ltd. ordinary shares for $4.57 per share.