SEC Form 4 · accession 0001593968-15-000074
ICAD INC · ICAD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Somu Subramaniam
Director
Period of report
Mar 11, 2015
Accepted (ET)
Mar 13, 2015 · 4:22 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000749660
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Mar 11, 2015 | S | 31,733 | $9.2041 | D | 230,126 | I | NSV |
| Common StockF3,F2 | Mar 12, 2015 | S | 19,029 | $9.282 | D | 211,097 | I | NSV |
| Common StockF4 | Mar 12, 2015 | J | 64,969 | — | D | 146,128 | I | NSV |
| Common StockF5 | Mar 12, 2015 | J | 23,530 | — | D | 122,598 | I | NSV |
| Common Stock | holding | — | — | — | 2,000 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The reported securities were executed in multiple trades with prices ranging between $9.13 and $9.46. The reporting person hereby undertakes to provide, upon request, to the SEC Staff, the Issuer or a security holder of the issuer, full information regarding the number of shares and prices at which the transactions were effected.
- F2Mr. Subramaniam is a principal of NSV Management, LLC, and NSV Partners, LLC, the investment manager and general partner, respectively, of New Science Ventures Fund 1 - Madison, LP, which owns shares of Common Stock, par value $0.01 per share (the Common Stock) of iCAD, Inc.
- F3The reported securities were executed in multiple trades with prices ranging between $9.25 and $9.34. The reporting person hereby undertakes to provide, upon request, to the SEC Staff, the Issuer or a security holder of the issuer, full information regarding the number of shares and prices at which the transactions were effected.
- F4Mr. Subramaniam is a principal of NSV Management, LLC, and NSV Partners, LLC, the investment manager and general partner, respectively, of New Science Ventures Fund 1 Euro, LP, which owns shares of Common Stock, par value $0.01 per share (the Common Stock) of iCAD, Inc. New Science Ventures Fund 1 Euro, LP, made a private distribution of 64,969 shares to its Investors, such distribution representing the Investors' pro rata share of the Common Stock owned by the holder.
- F5Mr. Subramaniam is a principal of NSV Management, LLC, and NSV Partners, LLC, the investment manager and general partner, respectively, of Bedford BioPartners, LP, which owns shares of Common Stock, par value $0.01 per share (the Common Stock) of iCAD, Inc. Bedford BioPartners, LP, made a private distribution of 23,530 shares to its Investors, such distribution representing the Investors' pro rata share of the Common Stock owned by the holder.