SEC Form 4 · accession 0001140361-16-060243
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
Apr 1, 2016
Accepted (ET)
Apr 5, 2016 · 4:08 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,F2,F3 | Apr 1, 2016 | P | 2,160 | $1.4017 | A | 13,587,460 | I | See Footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Shares reported herein represent: as of April 1, 2016, (i) 11,940,960 shares held by North Tide Capital Master, LP (the "Master Fund") and (ii) 1,646,500 shares held by a managed account (the "Account).
- F2Of the shares purchased on April 1, 2016 at a price of $1.4017 per share, 1,985 shares were held for the account of the Master Fund, 175 shares were held for the account of the Account. All of such shares may be deemed beneficially owned by North Tide and Mr. Laughlin.
- F3Each 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.