SEC Form 4 · accession 0001104659-18-028727
NLIGHT, INC. · LASR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bandel L Carano
Director · 10% Owner
Period of report
Apr 30, 2018
Accepted (ET)
Apr 30, 2018 · 6:57 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001124796
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2,F3,F4,F5,F11,F12 | Apr 30, 2018 | C | 5,520,270 | — | A | 5,547,084 | I | See Footnote |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Series C Preferred StockF6,F12,F1 | — | Apr 30, 2018 | C | 1,389,868 | D | — | — | Common Stock | 1,389,868 | 0 | I |
| Series D Preferred StockF7,F12,F2 | — | Apr 30, 2018 | C | 1,742,711 | D | — | — | Common Stock | 1,742,711 | 0 | I |
| Series E Preferred StockF8,F12,F3 | — | Apr 30, 2018 | C | 401,632 | D | — | — | Common Stock | 401,632 | 0 | I |
| Series F Preferred StockF9,F12,F4 | — | Apr 30, 2018 | C | 1,652,087 | D | — | — | Common Stock | 1,652,087 | 0 | I |
| Series G Preferred StockF10,F12,F5 | — | Apr 30, 2018 | C | 333,972 | D | — | — | Common Stock | 333,972 | 0 | I |
Explanation of responses
- F1The Series C Convertible Preferred Stock converted into Common Stock on a 1-for-1 basis immediately prior to the closing of the Issuer's initial public offering. The shares had no expiration date.
- F10Consists of 328,696 shares held of record by Oak Investment Partners X, L.P., and 5,276 shares held of record by Oak X Affiliates Fund, L.P.
- F11Consists of 5,459,446 shares held of record by Oak Investment Partners X, L.P., and 87,638 shares held of record by Oak X Affiliates Fund, L.P.
- F12Oak Associates X, LLC, or Oak Associates X GP is the general partner of Oak Investment Partners X, L.P and exercises voting and dispositive power over the shares held by Oak Investment Partners X, L.P. Oak X Affiliates, LLC, or Oak X Affiliates GP, is the general partner of Oak X Affiliates Fund, L.P. and exercises voting and dispositive power over the shares held by Oak X Affiliates Fund, L.P. The Reporting Person is a managing member of Oak Associates X GP and Oak X Affiliates GP and disclaims beneficial ownership over the shares held of record herein as held by Oak Investment Partners X, L.P and Oak X Affiliates Fund, L.P.
- F2The Series D Convertible Preferred Stock converted into Common Stock on a 1-for-1 basis immediately prior to the closing of the Issuer's initial public offering. The shares had no expiration date.
- F3The Series E Convertible Preferred Stock converted into Common Stock on a 1-for-1 basis immediately prior to the closing of the Issuer's initial public offering. The shares had no expiration date.
- F4The Series F Convertible Preferred Stock converted into Common Stock on a 1-for-1 basis immediately prior to the closing of the Issuer's initial public offering. The shares had no expiration date.
- F5The Series G Convertible Preferred Stock converted into Common Stock on a 1-for-1 basis immediately prior to the closing of the Issuer's initial public offering. The shares had no expiration date.
- F6Consists of 1,367,908 shares held of record by Oak Investment Partners X, L.P., and 21,960 shares held of record by Oak X Affiliates Fund, L.P.
- F7Consists of 1,715,177 shares held of record by Oak Investment Partners X, L.P., and 27,534 shares held of record by Oak X Affiliates Fund, L.P.
- F8Consists of 395,287 shares held of record by Oak Investment Partners X, L.P., and 6,345 shares held of record by Oak X Affiliates Fund, L.P.
- F9Consists of 1,625,696 shares held of record by Oak Investment Partners X, L.P., and 26,101 shares held of record by Oak X Affiliates Fund, L.P.