SEC Form 4 · accession 0000905718-18-000969
Presbia PLC · LENS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard S Ressler
Director · 10% Owner
Period of report
Dec 10, 2018
Accepted (ET)
Dec 12, 2018 · 5:25 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001591096
Table I — non-derivative securities
No Table I lines on this filing.
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)F1 | $0.60 | Dec 10, 2018 | J | 14,731,667 | A | Dec 10, 2018 | Dec 10, 2023 | Ordinary Shares | 14,731,667 | 14,731,667 | D |
Explanation of responses
- F1In connection with the Reporting Person's investment in a financing transaction involving Presbia PLC (the "Company") and the Company's subsidiary Presbia USA, Inc. (the "Subsidiary") pursuant to which the Reporting Person provided a $3,500,000 secured loan to the Subsidiary, purchased $100,000 of preferred shares of the Company, and exchanged preferred shares of the Subsidiary for new preferred shares of the Subsidiary at an original issue price of $5,239,000, the Reporting Person received a warrant to purchase up to 14,731,667 ordinary shares of the Company.