SEC Form 4 · accession 0001638599-18-000819
HYPERION DEFI, INC. · HYPD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Fredric N Eshelman
Director · 10% Owner
Period of report
Jul 24, 2018
Accepted (ET)
Jul 26, 2018 · 6:12 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001682639
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $.0001F1 | Jul 24, 2018 | A | 4,033 | $0.00 | A | 1,277,461 | D | |
| Common Stock, par value $.0001F2 | holding | — | — | — | 319,085 | I | By Eshelman Ventures LLC |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F3 | $6.20 | Jul 24, 2018 | A | 4,465 | A | — | Jul 24, 2028 | Common Stock | 4,465 | 4,655 | D |
| Stock Option (right to buy) | $1.24 | holding | — | — | — | Mar 23, 2015 | Mar 23, 2025 | Common Stock | 40,000 | 40,000 | D |
| Stock Option (right to buy)F4 | $1.95 | holding | — | — | — | — | Jul 7, 2027 | Common Stock | 33,334 | 33,334 | D |
Explanation of responses
- F1Represents restricted stock units that vest on the earlier of July 24, 2019 or the date of the Issuer's 2019 annual meeting of stockholders, subject to the Reporting Person's continued service on the Issuer's Board of Directors and acceleration upon change in control.
- F2The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
- F3The option becomes exercisable on the earlier of July 24, 2019 or the date of the Issuer's 2019 annual meeting of stockholders, subject to the Reporting Person's continued service on the Issuer's Board of Directors and acceleration upon change in control.
- F4The option became exercisable as to 2,778 shares on August 7, 2017, and becomes exercisable in equal 2,778 share amounts on each of the 11 one-month anniversaries thereafter.