SEC Form 4 · accession 0001104659-15-006712

Avinger Inc · AVGR

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

Reporting owner

Director

Period of report

Feb 4, 2015

Accepted (ET)

Feb 4, 2015 · 5:15 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 Stock^F3,F4	Feb 4, 2015	C	13,101	—	A	13,101	I	By 2000 James Cullen Generation Skipping Family Trust
Common Stock^F1,F5,F2	Feb 4, 2015	C	73,762	—	A	73,762	I	Gilbert Investments, LLC.
Common Stock^F2	Feb 4, 2015	X	2,380	$12.60	A	76,142	I	Gilbert Investments, LLC.
Common Stock^F2	Feb 4, 2015	S	2,307	$13.00	D	73,835	I	Gilbert Investments, LLC.

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	D/I
Series C Convertible Preferred Stock^F2,F1	—	Feb 4, 2015	C	24,968	D	—	—	Common Stock	38,244	I
Series D Convertible Preferred Stock^F4,F3	—	Feb 4, 2015	C	8,103	D	—	—	Common Stock	13,101	I
Series E Convertible Preferred Stock^F2,F5,F6	—	Feb 4, 2015	C	19,646	D	—	—	Common Stock	19,646	I
Series E Convertible Preferred Stock^F2,F5,F6	—	Feb 4, 2015	C	15,872	D	—	—	Common Stock	15,872	I
Warrant (Right to Buy)^F2	$12.60	Feb 4, 2015	X	2,380	D	Oct 29, 2013	Oct 29, 2018	Common Stock	2,380	I

F1The Series C Convertible Preferred Stock converted into Common Stock on a 1.5317380420 for 1 basis and had no expiration date.
F2Mr. Cullen has sole voting and dispositive power with respect to shares held by Gilbert Investments, LLC. Mr. Cullen disclaims beneficial ownership in Gilbert Investments, LLC except to the extent of his pecuniary interest therein.
F3The Series D Convertible Preferred Stock converted into Common Stock on a 1.6168809050 for 1 basis and had no expiration date.
F4Mr. Cullen has sole voting and dispositive power with respect to shares held by 2000 James Cullen Generation Skipping Family Trust. Mr. Cullen does not have a pecuniary interest in the 2000 James Cullen Generation Skipping Family Trust.
F5The Series E Convertible Preferred Stock converted into Common Stock on a 1 for 1 basis and had no expiration date.
F6On February 4, 2015, the reporting person exercised a warrant to purchase 2,380 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 2,307 of the warrant shares to pay the price and issuing to the reporting person the remaining 73 shares. Avinger, Inc. also paid $2.90 to the reporting person in lieu of a fractional share.