SEC Form 4 · accession 0000899243-17-007165
Corindus Vascular Robotics, Inc. · CVRS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
KONINKLIJKE PHILIPS NV
10% Owner
Period of report
Feb 28, 2017
Accepted (ET)
Mar 10, 2017 · 4:51 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001528557
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.0001 per shareF2 | Feb 28, 2017 | P | 7,557,436 | $0.6616 | A | 24,965,253 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| WarrantF2 | $1.06 | holding | — | — | — | Aug 12, 2014 | Oct 11, 2017 | Common Stock, par value $0.0001 per share | 4,728,191 | 4,728,191 | D |
Explanation of responses
- F1Pursuant to the Securities Purchase Agreement, dated February 28, 2017, by and among Corindus Vascular Robotics, Inc. (the "Company"), Koninklijke Philips N.V. ("Philips") and the other parties thereto, Philips has the right to acquire 7,557,436 shares of common stock of the Company, par value $0.0001 per share (the "Common Stock") at the closing scheduled for March 15, 2017, for a purchase price of $0.6616 per share.
- F2This amount reflects a correction to the Form 3, filed by Philips on February 28, 2017, clarifying that 4,728,191 shares of Common Stock beneficially owned by Philips are in the form of warrants. The correction does not result in any change in the overall number of shares of Common Stock beneficially owned by Philips as of the date of such Form 3 filing.