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Venus Concept Inc. — Director's Dealing 2019
Nov 7, 2019
35449_dirs_2019-11-07_e4a998a9-c1b1-40cb-8c81-e28ce0f5492b.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: Kang Melissa (VP, Global Marketing)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-11-07 | Common Stock | A | 9333 | $3.75 | Acquired | 9333 | Direct |
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 | 5767 | Acquired | 2026-05-11 | Common Stock (5767) | Direct |
| 2019-11-07 | Employee Stock Options (right to buy) | $5.25 | A | 8073 | Acquired | 2027-03-06 | Common Stock (8073) | Direct |
| 2019-11-07 | Employee Stock Options (right to buy) | $7.95 | A | 14994 | Acquired | 2028-08-08 | Common Stock (14994) | Direct |
| 2019-11-07 | Warrants (right to buy) | $6.00 | A | 9333 | Acquired | 2024-11-07 | Common Stock (4666.5) | Direct |
Footnotes
F1: These securities were purchased from the Issuer at a purchase price of $3.75 per unit, consisting of one share of Common Stock and a warrant exercisable for 0.5 shares of Common Stock, with two warrants exercisable for one share of Common Stock at an exercise price of $6.00 per share.
F2: As of the Transaction Date, these options to acquire Common Stock of the Issuer are fully vested and exercisable.
F3: 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 10,000 Venus Concept Ltd. ordinary shares with an original exercise price of $3.00 per share.
F4: Received, in connection with the Merger, in exchange for an employee stock option to acquire 14,000 Venus Concept Ltd. ordinary shares for $3.00 per share.
F5: As of the Transaction Date, 4,371 of these options to acquire Common Stock of the Issuer are fully vested and exercisable. The remaining balance of 10,623 options vest ratably and become exercisable each month from November 8, 2019 to August 8, 2022.
F6: Received, in connection with the Merger, in exchange for an employee stock option to acquire 26,000 Venus Concept Ltd. ordinary shares for $4.57 per share.