SEC Form 4 · accession 0001104659-15-022749
SteadyMed Ltd. · STDY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brian Jay Stark
Director · 10% Owner
Period of report
Mar 25, 2015
Accepted (ET)
Mar 25, 2015 · 7:19 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001619087
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Ordinary SharesF1 | Mar 25, 2015 | C | 1,579,205 | — | A | 1,579,205 | D | |
| Ordinary SharesF1 | Mar 25, 2015 | C | 253,309 | — | A | 253,309 | I | By Brian Stark and Debra Altshul Stark. |
| Ordinary SharesF1,F5 | Mar 25, 2015 | C | 711,303 | — | A | 711,303 | I | See Footnote |
| Ordinary Shares | Mar 25, 2015 | A | 323,500 | $8.50 | A | 323,500 | I | By Debra Altshul-Stark |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Series B Convertible Preferred SharesF1,F2 | — | Mar 25, 2015 | C | 122,822 | D | — | — | Ordinary Shares | 122,822 | 0 | D |
| Series C Convertible Preferred SharesF1,F2 | — | Mar 25, 2015 | C | 302,816 | D | — | — | Ordinary Shares | 302,816 | 0 | D |
| Series D Convertible Preferred SharesF1,F2 | — | Mar 25, 2015 | C | 566,075 | D | — | — | Ordinary Shares | 566,075 | 0 | D |
| Series E Convertible Preferred SharesF1,F2 | — | Mar 25, 2015 | C | 587,497 | D | — | — | Ordinary Shares | 587,497 | 0 | D |
| Series E Convertible Preferred SharesF3,F2 | — | Mar 25, 2015 | C | 253,309 | D | — | — | Ordinary Shares | 253,309 | 0 | I |
| Series D Convertible Preferred SharesF5,F4,F2 | — | Mar 25, 2015 | C | 614,102 | D | — | — | Ordinary Shares | 614,102 | 0 | I |
| Series E Convertible Preferred SharesF5,F4,F2 | — | Mar 25, 2015 | C | 97,201 | D | — | — | Ordinary Shares | 97,201 | 0 | I |
Explanation of responses
- F1Such preferred shares converted into that number of Issuer's ordinary shares disclosed above at the closing of a Qualified IPO (as defined in the Issuer's Ninth Amended and Restated Articles of Association dated March 1, 2015).
- F2The shares do not have an expiration date.
- F3Such preferred shares converted into that number of Issuer's ordinary shares disclosed above at the closing of a Qualified IPO (as defined in the Issuer's Ninth Amended and Restated Articles of Association dated March 1, 2015).
- F4Such preferred shares converted into that number of Issuer's ordinary shares disclosed above at the closing of a Qualified IPO (as defined in the Issuer's Ninth Amended and Restated Articles of Association dated March 1, 2015).
- F5By Brown Bear Holdings LP. Stark Raving Mad LLC is the GP of the Partnership and the Reporting Person is the sole manager of the GP.