SEC Form 4 · accession 0001209191-15-055326
Invuity, Inc. · IVTY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Philip M Sawyer
Officer — President and CEO · Director
Period of report
Jun 18, 2015
Accepted (ET)
Jun 22, 2015 · 3:34 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001393020
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2,F3,F4 | Jun 18, 2015 | C | 216,600 | — | A | 216,600 | I | See footnote |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Series C Preferred StockF4,F1 | — | Jun 18, 2015 | C | 115,746 | D | — | — | Common Stock | 123,127 | 0 | I |
| Series D Preferred StockF4,F2 | — | Jun 18, 2015 | C | 52,462 | D | — | — | Common Stock | 52,924 | 0 | I |
| Series E Preferred StockF4,F3 | — | Jun 18, 2015 | C | 39,458 | D | — | — | Common Stock | 40,549 | 0 | I |
Explanation of responses
- F1115,746 outstanding shares of Series C Preferred Stock automatically converted into 123,127 shares of Common Stock, on a 1.06378132118451-for-one basis, immediately prior to the closing of the Issuer's initial public offering of Common Stock and had no expiration date.
- F252,462 outstanding shares of Series D Preferred Stock automatically converted into 52,924 shares of Common Stock, on a 1.008821799-for-one basis, immediately prior to the closing of the Issuer's initial public offering of Common Stock and had no expiration date.
- F339,458 outstanding shares of Series E Preferred Stock automatically converted into 40,549 shares of Common Stock, on a 1.027662672-for-one basis, immediately prior to the closing of the Issuer's initial public offering of Common Stock and had no expiration date.
- F4The shares are held by Helix Founders Fund, L.P. ("HFF"). HFF GP, LLC is the General Partner of HFF, and Helix Ventures, LLC ("Helix Ventures") is the management company of HFF. The Reporting Person is a General Partner of Helix Ventures and disclaims beneficial ownership of shares held by HFF, except to the extent of his pecuniary interest therein.