SEC Form 4 · accession 0001209191-17-057667
TRANSENTERIX INC. · TRXC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Todd Pope
Officer — President and CEO · Director
Period of report
Oct 18, 2017
Accepted (ET)
Oct 20, 2017 · 5:23 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000876378
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Oct 18, 2017 | M | 95,335 | $0.35 | A | 462,644 | D | |
| Common StockF1 | Oct 18, 2017 | M | 287,356 | $0.35 | A | 750,000 | D | |
| Common StockF1,F2 | Oct 18, 2017 | S | 600,000 | $3.68 | D | 150,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionF1 | $0.35 | Oct 18, 2017 | M | 95,335 | D | Dec 14, 2013 | Dec 14, 2019 | Common Stock | 95,335 | 0 | D |
| Stock OptionF1 | $0.35 | Oct 18, 2017 | M | 287,356 | D | Feb 2, 2015 | Apr 12, 2022 | Common Stock | 287,356 | 138,555 | D |
Explanation of responses
- F1The identified transactions set forth on this Form 4 were made pursuant to a Rule 10b5-1(c) sales plan executed by the reporting person on August 9, 2017, as amended.
- F2The sale price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.46 to $4.23 inclusive. The reporting person undertakes to provide to TransEnterix, Inc., any security holder of TransEnterix, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.