SEC Form 4 · accession 0001209191-18-039730
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
Jun 25, 2018
Accepted (ET)
Jun 27, 2018 · 8:00 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 | Jun 25, 2018 | M | 138,555 | $0.35 | A | 454,627 | D | |
| Common StockF1 | Jun 25, 2018 | S | 100,000 | $4.35 | D | 354,627 | D | |
| Common StockF1 | Jun 25, 2018 | M | 61,445 | $0.35 | A | 416,072 | D | |
| Common StockF1 | Jun 25, 2018 | S | 100,000 | $4.85 | D | 316,072 | D | |
| Common StockF1 | Jun 26, 2018 | M | 160,086 | $0.35 | A | 476,158 | D | |
| Common StockF1,F2 | Jun 26, 2018 | S | 160,086 | $5.35 | D | 316,072 | 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 | Jun 25, 2018 | M | 138,555 | D | Mar 2, 2015 | Apr 12, 2022 | Common Stock | 138,555 | 0 | D |
| Stock OptionF1 | $0.35 | Jun 25, 2018 | M | 61,445 | D | Jun 2, 2013 | Apr 12, 2022 | Common Stock | 61,445 | 221,258 | D |
| Stock OptionF1 | $0.35 | Jun 26, 2018 | M | 160,086 | D | Oct 2, 2014 | Apr 12, 2022 | Common Stock | 160,086 | 61,172 | 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 on September 20, 2017.
- F2Following the sales on June 25, 2018 and June 26, 2018, the reporting person continues to beneficially own 316,072 shares of the company's common stock. The reporting person also holds stock options to acquire 4,035,262 shares of common stock, of which approximately 47% are vested, and restricted stock units representing an additional 2,226,555 shares of common stock subject to forfeiture restrictions.