SEC Form 4 · accession 0001209191-17-049817
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
Apr 25, 2017
Accepted (ET)
Aug 22, 2017 · 4:17 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 | Apr 25, 2017 | P | 419,300 | $5.90 | A | 2,937,938 | D | |
| Ordinary SharesF2 | Apr 25, 2017 | P | 83,750 | $5.90 | A | 1,166,428 | I | See Footnote |
| Ordinary SharesF3 | holding | — | — | — | 15,780 | I | See Footnote | |
| Ordinary Shares | holding | — | — | — | 253,309 | I | By Brian Stark and Debra Altshul Stark | |
| Ordinary Shares | holding | — | — | — | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Warrants to Purchase Ordinary SharesF4 | $6.785 | Apr 25, 2017 | P | 209,650 | A | — | Apr 24, 2022 | Ordinary Shares | 209,650 | 209,650 | D |
| Warrants to Purchase Ordinary SharesF2,F4 | $6.785 | Apr 25, 2017 | P | 41,875 | A | — | Apr 24, 2022 | Ordinary Shares | 41,875 | 41,875 | I |
Explanation of responses
- F1Reflects the correction of the number of shares beneficially owned from the amounts previously reported in Reporting Person's Section 16 filings. Specifically, the August 4, 2016 Form 4 under reported 5 shares due to a clerical computational error, which error the Reporting Person did not discover until now and so was carried forward in subsequent Forms 4.
- F2By 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.
- F3By the Stark Family Trust. The Reporting Person is the trustee of the Stark Family Trust.
- F4Warrants are fully vested and immediately exercisable.