SEC Form 4 · accession 0001209191-16-147348

NanoString Technologies Inc · NSTG

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Charles P Waite Jr.

Director

Period of report

Oct 26, 2016

Accepted (ET)

Oct 28, 2016 · 6:09 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001401708

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock^F1,F2	Oct 26, 2016	X	103,404	$8.45	A	630,513	I	See footnote
Common Stock^F4,F2	Oct 26, 2016	S	42,489	$20.56	D	588,024	I	See footnote
Common Stock	holding	—	—		—	1,707	D

Table II — derivative securities

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Warrant (right to Buy)^F2	$8.45	Oct 26, 2016	X	103,404	D	Jul 1, 2013	Nov 1, 2018	Common Stock	103,404	0	I

Explanation of responses

F1375,340 of these shares are owned by OVP Venture Partners VI, L.P., 254,404 of these shares are owned by OVP Venture Partners VII, L.P., and 769 of these shares are owned by OVP VII Entrepreneurs Fund, L.P.
F2OVMC VI, LLC serves as the general partner of OVP Venture Partners VI, L.P. Charles P. Waite, Jr. is a managing member of OVMC VI, LLC and shares voting and investment power over the shares held by OVP Venture Partners VI, L.P. Charles P. Waite, Jr. is also a managing member of OVMC VII, LLC, the general partner of OVP Venture Partners VII, L.P. and OVP VII Entrepreneurs Fund, L.P., and shares voting and investment power over the shares held by OVP Venture Partners VII, L.P. and OVP VII Entrepreneurs Fund, L.P. Mr. Waite, the other managing members of OVMC VI, LLC and OVMC VII, LLC, and each of the aforementioned entities disclaim beneficial ownership of the reported securities except to the extent of any pecuniary interest therein.
F3On October 26, 2016, the reporting person exercised warrants to purchase an aggregate of 103,404 shares of the Issuer's common stock for $8.45 per share. The reporting person paid the exercise price on a cashless basis, resulting in Issuer's withholding of 42,489 of the warrant shares to pay the exercise price and issuing to the reporting person the remaining 60,915 shares.
F4375,340 of these shares are owned by OVP Venture Partners VI, L.P., 211,915 of these shares are owned by OVP Venture Partners VII, L.P., and 769 of these shares are owned by OVP VII Entrepreneurs Fund, L.P.