SEC Form 4 · accession 0001477932-15-003515
Sun BioPharma, Inc. · SNBP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert John Sargent
Director · 10% Owner
Period of report
Nov 21, 1996
Accepted (ET)
May 26, 2015 · 6:29 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001029125
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class AF1 | Nov 21, 1996 | J | 120 | $0.00 | D | 0 | D | |
| CommonF1 | Nov 21, 1996 | J | 214,286 | $0.00 | A | 214,286 | D | |
| CommonF2 | Feb 8, 2001 | J | 120,000 | $0.00 | D | 94,286 | D | |
| CommonF2 | Feb 8, 2001 | J | 120,000 | $0.00 | A | 120,000 | I | By Rare Principle, L.C. |
| CommonF3 | May 10, 2002 | S | 18,813 | $13.54 | D | 75,473 | D | |
| CommonF3 | May 10, 2002 | S | 23,943 | $13.54 | D | 96,057 | I | By Rare Principle, L.C. |
| CommonF4 | Mar 31, 2005 | A | 120,000 | $0.01 | A | 195,473 | D | |
| CommonF5 | Jun 1, 2008 | J | 195,473 | $0.00 | D | 0 | D | |
| CommonF5 | Jun 1, 2008 | J | 195,473 | $0.00 | A | 291,530 | I | By Rare Principle, L.C. |
| Series A Preferred StockF6 | Mar 16, 2015 | P | 100,060 | $0.10 | A | 100,060 | I | By Rare Principle, L.C. |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Class A shares converted to Common Stock.
- F2Mr. Sargent transferred 120,000 shares of Common Stock held in his name into the name of Rare Principle, L.C., retaining 94,286 shares of Common Stock held in his name. Mr. Sargent has sole voting and dispositive power with respect to the shares held in the name of Rare Principle, L.C., and is therefore deemed the beneficial owner of the shares held in its name.
- F3Mr. Sargent sold 18,813 shares of Common Stock to Amersham Biosciences, and Rare Principle, L.C. sold 23,943 shares of Common Stock to Amersham Biosciences, as part of Amersham Bioscience's partial acquisition of the issuer.
- F4120,000 shares of Common Stock were issued to Mr. Sargent pursuant to Mr. Sargent's exercise of employee stock options.
- F5Mr. Sargent transferred all 195,473 shares of Common Stock held in his name into the name of Rare Principle, L.C.
- F6100,059.5 shares of Series A Preferred Stock acquired from preferred stockholders for $0.10/share.