SEC Form 4 · accession 0001144204-16-137893
UNIVERSAL BIOSENSORS INC · UBI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
VF High Conviction Fund
10% Owner
Period of report
Dec 1, 2016
Accepted (ET)
Dec 5, 2016 · 4:11 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001279695
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2,F3,F4 | Dec 1, 2016 | P | 1,807,004 | $0.3196 | A | 9,404,933 | D | |
| Common StockF1,F3,F4 | Dec 2, 2016 | P | 165,000 | $0.32 | A | 9,569,933 | D | |
| Common StockF1,F3,F4 | Dec 2, 2016 | P | 154,736 | $0.32 | A | 9,724,669 | D | |
| Common StockF1,F3,F5,F4 | Dec 5, 2016 | P | 112,009 | $0.3282 | A | 9,836,678 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Traded as Chess Depository Interests ("CDIs") on the Australian Stock Exchange. CDIs represent beneficial interests in the common stock held by CHESS Depository Nominees Pty Ltd.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $0.2950 to $0.3200, inclusive. The Reporting Person undertakes to provide to Universal Biosensors, Inc. ("UBI"), any security holder of UBI, or the staff of the Securities and Exchange Commission ("SEC"), upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (2) to this Form 4.
- F3The price per share of the common stock reported is stated in Australian dollars, as converted from a U.S. dollar price on the date of the transaction.
- F4The common stock is directly held by VF High Conviction Fund ("Conviction Fund") and indirectly held by Viburnum Funds Pty Ltd ("Viburnum"), the manager of Conviction Fund, and the individual directors of Viburnum (Viburnum and the individual directors together, the "Viburnum Indirect Reporting Persons"). The individual directors of Viburnum are Craig Coleman, Marshall Allen, Anthony Howarth and Melissa Karlson. The Viburnum Indirect Reporting Persons disclaim beneficial ownership within the meaning of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise of such portion of the Conviction Fund common stock in which the Viburnum Indirect Reporting Persons have no pecuniary interest.
- F5The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $0.3200 to $0.3300, inclusive. The Reporting Person undertakes to provide to UBI, any security holder of UBI, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (5) to this Form 4.