SEC Form 4 · accession 0000899243-16-019176
CONNECTURE INC · CNXR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Period of report
May 2, 2016
Accepted (ET)
May 4, 2016 · 3:12 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001211759
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Series A Convertible Preferred StockF3,F1,F2 | — | May 2, 2016 | P | 2,000 | A | May 2, 2016 | — | Common Stock | 444,444 | 2,000 | I |
Explanation of responses
- F1The Series A Convertible Preferred Stock is convertible into Common Stock at a rate equal to (i) the sum of (a) the original purchase price ($1,000 per share) plus (b) all accrued and unpaid dividends thereon up to but not including the conversion date, divided by (ii) the conversion price of the Common Stock at such time, which initially is $4.50 per share, subject to customary anti-dilution adjustments.
- F2The Series A Convertible Preferred Stock has no expiration date.
- F3The shares are held directly by Chrysalis Ventures II, L.P. ("CV II"). Chrysalis Partners II, LLC, the general partner of CV II, disclaims beneficial ownership of the shares held by CV II, except to the extent of any pecuniary interest therein.