SEC Form 4 · accession 0000899243-18-029509
Valeritas Holdings Inc. · VLRX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Period of report
Nov 16, 2018
Accepted (ET)
Nov 20, 2018 · 8:13 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001619250
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Nov 16, 2018 | P$0 | 4,224,605 | — | A | 4,801,291 | I | By Capital Royalty Partners II L.P. |
| Common StockF1,F2 | Nov 16, 2018 | P$0 | 1,264,997 | — | A | 1,475,770 | I | By Capital Royalty Partners II (Cayman) L.P. |
| Common StockF1,F2 | Nov 16, 2018 | P$0 | 7,427,065 | — | A | 8,072,123 | I | By Capital Royalty Partners II Parallel Fund "A" L.P. |
| Common StockF1,F2 | Nov 16, 2018 | P$0 | 2,083,333 | — | A | 4,770,394 | I | By Capital Royalty Partners II Parallel Fund "B" (Cayman) L.P. |
| Common StockF2 | holding | — | — | — | 1,066,390 | I | By Parallel Investment Opportunities Partners II, L.P. |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Series A WarrantF1,F2 | $0.60 | Nov 16, 2018 | P | 4,224,605 | A | Nov 16, 2018 | Nov 16, 2023 | Common Stock | 4,224,605 | 4,224,605 | I |
| Series A WarrantF1,F2 | $0.60 | Nov 16, 2018 | P | 1,264,997 | A | Nov 16, 2018 | Nov 16, 2023 | Common Stock | 1,264,997 | 1,264,997 | I |
| Series A WarrantF1,F2 | $0.60 | Nov 16, 2018 | P | 7,427,065 | A | Nov 16, 2018 | Nov 16, 2023 | Common Stock | 7,427,065 | 7,427,065 | I |
| Series A WarrantF1,F2 | $0.60 | Nov 16, 2018 | P | 2,083,333 | A | Nov 16, 2018 | Nov 16, 2023 | Common Stock | 2,083,333 | 2,083,333 | I |
| Series B WarrantF1,F2 | $0.48 | Nov 16, 2018 | P | 4,224,605 | A | Nov 16, 2018 | Nov 16, 2023 | Common Stock | 4,224,605 | 4,224,605 | I |
| Series B WarrantF1,F2 | $0.48 | Nov 16, 2018 | P | 1,264,997 | A | Nov 16, 2018 | Nov 16, 2023 | Common Stock | 1,264,997 | 1,264,997 | I |
| Series B WarrantF1,F2 | $0.48 | Nov 16, 2018 | P | 7,427,065 | A | Nov 16, 2018 | Nov 16, 2023 | Common Stock | 7,427,065 | 7,427,065 | I |
| Series B WarrantF1,F2 | $0.48 | Nov 16, 2018 | P | 2,083,333 | A | Nov 16, 2018 | Nov 16, 2023 | Common Stock | 2,083,333 | 2,083,333 | I |
Explanation of responses
- F1Each share of Common Stock of the Issuer was sold together with one Series A warrant and one Series B warrant for $0.48.
- F2CR Group L.P. (formerly known as Capital Royalty L.P.) serves as the investment manager for Capital Royalty Partners II L.P., Capital Royalty Partners II (Cayman) L.P., Capital Royalty Partners II Parallel Fund "A" L.P., Capital Royalty Partners II Parallel Fund "B" (Cayman) L.P. and Parallel Investment Opportunities Partners II, L.P.