SEC Form 4 · accession 0001209191-17-067260
Solana Co · HSDT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Philippe Deschamps
Officer — President and CEO · Director
Period of report
Dec 22, 2017
Accepted (ET)
Dec 26, 2017 · 5:32 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001610853
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF1,F2,F3 | Dec 22, 2017 | P | 127,551 | $1.96 | A | 3,334,556 | I | By LLC |
| Class A Common Stock | holding | — | — | — | 54,886 | D |
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)F2,F1,F4 | $2.45 | Dec 22, 2017 | P | 127,551 | A | — | Dec 22, 2020 | Class A Common Stock | 127,551 | 127,551 | I |
Explanation of responses
- F1These securities were purchased by Deschamps Global Healthcare Commercialization LLC (the "LLC"). The Reporting Person is the sole member of the LLC.
- F2The Class A Common Stock and the Warrant to Purchase Class A Common Stock was purchased by the Reporting Person in a private placement as a Unit. The purchase price of the Unit was $1.96.
- F3Represents shares directly held by the LLC and includes shares previously held directly by MPJ Healthcare, LLC ("MPJ"). The Reporting Person is a member of MPJ and is the sole member of the LLC.
- F4Immediately exercisable.