SEC Form 4 · accession 0001437749-16-034195
VIVEVE MEDICAL, INC. · VIVE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
Timothy P Lynch
10% Owner
STONEPINE CAPITAL, L.P.
10% Owner
Stonepine Capital Management, LLC
10% Owner
Jon M Plexico
Director · 10% Owner
Period of report
Jun 17, 2016
Accepted (ET)
Jun 21, 2016 · 5:52 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000879682
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2,F3 | Jun 17, 2016 | P | 300,000 | $5.00 | A | 2,599,711 | I | See |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Stonepine Capital, L.P. (the "Fund") purchased these shares in connection with the closing of a public offering of the Issuer's common stock (the "Offering") at the Offering price of $5.00 per share. The shares are subject to a lock-up provision for a period of 90 days following June 14, 2016, as required under a lock-up agreement with the underwriters of the Offering.
- F2On April 15, 2016, the Issuer effected a 1-for-8 reverse stock split of its common stock (the "Split"), which began trading on a post-Split basis on April 18, 2016. The amount reported in Column 5 represents securities beneficially owned on a post-Split basis.
- F3The filers (the "Filers") are Stonepine Capital Management, LLC (the "General Partner"), the Fund, Jon M. Plexico and Timothy P. Lynch. The General Partner is the general partner and investment adviser of the Fund. Mr. Plexico and Mr. Lynch are the General Partner's managers and control persons. These securities are held directly by the Fund for the benefit of its investors and are indirectly beneficially owned by the General Partner and Mr. Plexico and Mr. Lynch as the General Partner's control persons. Each Filer disclaims beneficial ownership of these securities except to the extent of that Filer's pecuniary interest therein.