SEC Form 4 · accession 0001437749-18-018569
Vivani Medical, Inc. · VANI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gregg Williams
Director · 10% Owner
Period of report
Oct 18, 2018
Accepted (ET)
Oct 22, 2018 · 7:49 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001266806
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Oct 18, 2018 | P | 2,467,767 | $1.62 | A | 32,980,672 | I | See footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Sam B Williams 95 GST Trust ("GST") acquired 1,233,863 shares of common stock and the Gregg G. Williams 2006 Trust ("GW") acquired 1,233,864 shares of common stock both in a private placement pursuant to a Securities Purchase Agreement ("SPA") on October 18, 2018 from the issuer at a purchase price of $1.62 per share, the last reported sale price by Nasdaq on October 18, 2018. Mr. Williams is a trustee of GST and GW.
- F2After giving effect to the transactions reported on this Form 4, shares beneficially owned by Mr. Williams include (i) 18,847,699 shares of common stock and warrants to purchase 6,802,721 shares of common stock owned by GW Trust, (ii) 1,484,254 shares of common stock owned by Williams International Co. LLC, whose manager is Mr. Williams, (iii) 4,358,082 shares of common stock owned by Sam Williams Family Investments LLC, whose manager is Mr. Williams, and (iv) 8,290,637 shares of common stock owned by GST.