SEC Form 4 · accession 0001140361-16-059153
VIVUS INC · VVUS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
NORTH TIDE CAPITAL, LLC
10% Owner
Conan Laughlin
10% Owner
North Tide Capital Master, LP
10% Owner
Period of report
Mar 24, 2016
Accepted (ET)
Mar 28, 2016 · 4:46 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000881524
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Mar 24, 2016 | P | 15,500 | $1.0849 | A | 13,015,500 | I | See Footnote |
| Common StockF1 | Mar 24, 2016 | P | 7,500 | $1.0971 | A | 13,023,000 | I | See Footnote |
| Common StockF1 | Mar 24, 2016 | P | 2,000 | $1.099 | A | 13,025,000 | I | See Footnote |
| Common StockF1 | Mar 28, 2016 | P | 150,000 | $1.1261 | A | 13,175,000 | I | See Footnote |
| Common StockF1 | Mar 28, 2016 | P | 27,000 | $1.1287 | A | 13,202,000 | I | See Footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Shares reported herein represent as of March 24, 2016, (i) 11,518,750 shares held by North Tide Capital Master, LP (the "Master Fund") and (ii) 1,506,250 shares held by a managed account (the "Account) and as of March 28, 2016, (i) 11,651,500 shares held by the Master Fund and (ii) 1,550,500 shares held by the Account. North Tide Capital, LLC ("North Tide") serves as investment manager for the Master Fund and the Account. Mr. Laughlin serves as manager of North Tide. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein except to the extent of its or his pecuniary interest therein, and the filing of this Form 4 shall not be construed as an admission that any of the Reporting Persons is the beneficial owner of any such shares for purposes of Section 16(a) of the Securities Exchange Act of 1934 or for any other purpose.