SEC Form 4 · accession 0001104659-15-006708
Avinger Inc · AVGR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Matthew Ferguson
Officer — Chief Business Officer and CFO
Period of report
Feb 4, 2015
Accepted (ET)
Feb 4, 2015 · 5:14 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001506928
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 4, 2015 | C | 13,791 | — | A | 13,791 | D | |
| Common Stock | Feb 4, 2015 | X | 1,190 | $12.60 | A | 14,981 | D | |
| Common Stock | Feb 4, 2015 | S | 1,154 | $13.00 | D | 13,827 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Series E Convertible Preferred StockF1 | — | Feb 4, 2015 | C | 3,968 | D | — | — | Common Stock | 3,968 | 0 | D |
| Series E Convertible Preferred StockF1 | — | Feb 4, 2015 | C | 9,823 | D | — | — | Common Stock | 9,823 | 0 | D |
| Warrant (Right to Buy) | $12.60 | Feb 4, 2015 | X | 1,190 | D | Oct 29, 2013 | Oct 29, 2018 | Common Stock | 1,190 | 0 | D |
Explanation of responses
- F1The Series E Convertible Preferred Stock converted into Common Stock on a 1 for 1 basis and had no expiration date.
- F2On February 4, 2015, the reporting person exercised a warrant to purchase 1,190 share of Avinger, Inc. Common Stock for $12.60 per share. The reporting person paid the exercise price on a cashless basis, resulting in Avinger, Inc.'s withholding of 1,154 of the warrant shares to pay the price and issuing to the reporting person the remaining 36 shares. Avinger, Inc. also paid $7.75 to the reporting person in lieu of a fractional share.