SEC Form 4 · accession 0001209191-16-098302
TRANSENTERIX INC. · TRXC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Anthony C. J. Fernando
Officer — Chief Technology Officer
Period of report
Feb 12, 2016
Accepted (ET)
Feb 12, 2016 · 8:11 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000876378
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionsF1,F2 | $3.82 | Feb 12, 2016 | A | 333,000 | A | — | Feb 12, 2026 | Common Stock | 333,000 | 333,000 | D |
| Restricted Stock UnitsF2 | $0.00 | Feb 12, 2016 | A | 73,333 | A | — | — | Common Stock | 73,333 | 73,333 | D |
Explanation of responses
- F1Each restricted stock unit represents the right to receive one share of the Registrant's common stock.
- F2Forfeiture restrictions will lapse on the restricted stock units in three equal annual installments of 73,333, 73,333 and 73,334 on February 4, 2017, 2018 and 2019, as long as the Reporting Person remains in the employ of the Registrant, subject to certain acceleration provisions following an involuntary termination from employment of the Reporting Person within 12 months following a change of control and acceleration events as set forth in the Incentive Plan.