SEC Form 4 · accession 0001209191-15-067663
VivoSim Labs, INC. · VIVS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Barry D Michaels
Officer — Chief Financial Officer
Period of report
Aug 24, 2015
Accepted (ET)
Aug 24, 2015 · 8:31 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001497253
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Aug 24, 2015 | F | 100,692 | $2.32 | D | 86,808 | D | |
| Common Stock | holding | — | — | — | 285,646 | I | Spouse |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F3 | $2.32 | Aug 24, 2015 | A | 100,692 | A | Aug 24, 2015 | Aug 24, 2025 | Common Stock | 100,692 | 100,692 | D |
Explanation of responses
- F1The shares were withheld at the election of the Reporting Person to satisfy tax withholding obligations in connection with the partial vesting of restricted stock units granted in August 2012 in accordance with the terms of the Reporting Person's Equity Incentive Award Agreement dated August 2012.
- F2This number does not include 1,014,693 shares of common stock underlying outstanding options held by Mr. Michaels; post-transaction Mr. Michaels continues to beneficially own or have a right to acquire 1,387,147 shares of common stock (including the 285,646 shares held by spouse).
- F3The option was automatically issued pursuant to the terms of the Reporting Person's Equity Incentive Award Agreement dated August 2012.