SEC Form 4 · accession 0001615774-18-003426
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
May 3, 2018
Accepted (ET)
May 7, 2018 · 9:48 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,F3 | May 3, 2018 | P | 4,729,730 | $1.48 | A | 24,212,302 | I | See footnote |
| COMMON STOCKF2,F3 | May 3, 2018 | P | 2,027,027 | $1.48 | A | 26,239,329 | 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 4,729,730 shares of common stock in a private placement pursuant to a Securities Purchase Agreement ("SPA") on May 3, 2018 from the issuer at a purchase price of $1.48 per share, the last reported sale price by Nasdaq on May 3, 2018. Mr. Williams is a trustee of GST.
- F2Gregg G. Williams 2006 Trust ("GW") acquired 2,027,027 shares of common stock in a private placement pursuant to the SPA on May 3, 2018 from the issuer of a purchase price of $1.48 per share, the last reported sale price by NASDAQ on May 3, 2018. Mr. Williams is a trustee of GW Trust.
- F3After giving effect to the transactions reported on this Form 4, shares beneficially owned by Mr. Williams include (i) 15,625,639 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) 4,771,354 shares of common stock owned by GST.