SEC Form 4 · accession 0001276591-16-000020
HANSEN MEDICAL INC · HNSN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brian Sheahan
Officer — VP, Regulatory, Clinical & QA
Period of report
Sep 1, 2015
Accepted (ET)
Feb 4, 2016 · 7:05 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001276591
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Sep 1, 2015 | M | 1,429 | $0.00 | A | 1,429 | D | |
| Common StockF2 | Sep 17, 2015 | F | 612 | $5.30 | D | 817 | D | |
| Common Stock | Dec 1, 2015 | M | 358 | $0.00 | A | 1,175 | D | |
| Common StockF2 | Dec 2, 2015 | F | 138 | $3.02 | D | 1,037 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF3,F4,F5 | — | Sep 1, 2015 | M | 1,429 | A | — | — | Common Stock | 1,429 | 4,285 | D |
| Restricted Stock UnitF3,F4,F5 | — | Dec 1, 2015 | M | 358 | A | — | — | Common Stock | 358 | 3,927 | D |
Explanation of responses
- F1The number of shares reflect a reverse stock split of ten-for-one effective on September 22, 2015.
- F2Pursuant to Mr. Sheahan's Restricted Stock Unit Award, the securities disposed of represent shares sold to satisfy withholding obligations in connection with the settlement of vested restricted stock units.
- F3Each restricted stock unit represents the contingent right to receive one share of Common Stock upon vesting of the unit.
- F4The first 25% of the units vested on September 1, 2015. Of the remaining 75% of the units, an additional 6.25% of the units vested on December 1, 2015 and 6.25% of the units are scheduled to vest on March 1, June 1, September 1 and December 1 thereafter, assuming continued employment through the applicable vesting dates.
- F5The units will be forfeited and cancelled to the extent that they have not vested before termination of employment.