SEC Form 4 · accession 0001548538-15-000014
Intersect ENT, Inc. · XENT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
Philip M Young
10% Owner
Steven M Krausz
10% Owner
Irwin Federman
10% Owner
David E Liddle
10% Owner
Jonathan D Root
10% Owner
U S Venture Partners IX L P
10% Owner
Paul A Matteucci
10% Owner
Presidio Management Group IX, L.L.C.
10% Owner
Period of report
May 8, 2015
Accepted (ET)
May 11, 2015 · 6:35 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001271214
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | May 8, 2015 | J | 990,000 | — | D | 1,995,433 | I | Directly owned by USVP IX |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Prorata distribution in kind from the partnership without consideration to its limited partners.
- F2Presidio Management Group IX, LLC ("PMG IX") is the general partner of US Venture Partners IX, L.P. ("USVP IX") and may be deemed to have sole voting and dispositive power over the shares held by USVP IX. Casey M. Tansey, a director of the Issuer, and each of Irwin Federman, Steven M. Krausz, David E. Liddle, Paul A Matteucci, Jonathan D. Root, and Philip M. Young, are managing members of PMG IX, and may be deemed to share voting and dispositive power over the shares held by USVP IX. Such persons and entities disclaim beneficial ownership of shares held by USVP IX, except to the extent of any proportionate pecuniary interest therein.