Juliet Tammenoms Bakker - 03 Aug 2021 Form 4 Insider Report for RxSight, Inc. (RXST)

Role: Director
Signature: /s/ Shelley Thunen, as Attorney-in-Fact
Issuer symbol: RXST
Transactions as of: 03 Aug 2021
Net transactions value: +$10,200,000
Form type: 4
Filing time: 05 Aug 2021, 19:41:39 UTC
Previous filing: 02 Aug 2021
Next filing: 03 Jun 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	RXST	Common Stock	Purchase	$200,000	+12,500	+213%	$16.00	18,359	03 Aug 2021	Direct
transaction	RXST	Common Stock	Conversion of derivative security	$0	+1,863,613		$0.000000	1,863,613	03 Aug 2021	See footnote	F1, F2, F3
transaction	RXST	Common Stock	Purchase	$2,000,000	+125,000	+6.7%	$16.00	1,988,613	03 Aug 2021	See footnote	F3
transaction	RXST	Common Stock	Purchase	$8,000,000	+500,000		$16.00	500,000	03 Aug 2021	See footnote	F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	RXST	Series G Preferred Stock	Conversion of derivative security	$0	-1,613,423	-100%	$0.000000^*	0	03 Aug 2021	Common Stock	1,613,423		See footnote	F1, F3
transaction	RXST	Series H Preferred Stock	Conversion of derivative security	$0	-242,013	-100%	$0.000000^*	0	03 Aug 2021	Common Stock	242,013		See footnote	F2, F3
transaction	RXST	Warrant (right to buy)	Options Exercise	$0	-36,302	-100%	$0.000000^*	0	03 Aug 2021	Series H Preferred Stock	36,302	$12.40	See footnote	F2, F3, F5
transaction	RXST	Series H Preferred Stock	Options Exercise	$0	+36,302		$0.000000	36,302	03 Aug 2021	Common Stock	36,302		See footnote	F2, F3, F5
transaction	RXST	Series H Preferred Stock	Tax liability	$0	-28,125	-77%	$0.000000	8,177	03 Aug 2021	Common Stock	28,125		See footnote	F2, F3, F5
transaction	RXST	Series H Preferred Stock	Conversion of derivative security	$0	-8,177	-100%	$0.000000^*	0	03 Aug 2021	Common Stock	8,177		See footnote	F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	All shares of the Series G Preferred Stock, par value $0.001 per share, of the Issuer automatically converted on a one-for-one basis to shares of the Issuer's common stock, par value $0.001 per share ("Common Stock") immediately prior to the closing of the Issuer's initial public offering of its Common Stock.
F2	All shares of the Series H Preferred Stock, par value $0.001 per share, of the Issuer automatically converted on a one-for-one basis to shares of the Issuer's common stock, par value $0.001 per share ("Common Stock") immediately prior to the closing of the Issuer's initial public offering of its Common Stock.
F3	Shares and warrant are held by Longitude Venture Partners II, L.P. ("LVP II"). Longitude Capital Partners II, LLC ("LCP II") is the general partner of LVP II and may be deemed to have voting and investment power over the securities held by LVP II. The Reporting Person, a member of the Issuer's board of directors, is a managing member of LCP II and may be deemed to share voting and investment power over the securities held by LVP II. LVP II, LCP II and the Reporting Person disclaim beneficial ownership of such shares except to the extent of their respective pecuniary interests therein.
F4	Shares are held by Longitude Prime Fund, L.P. ("LPF"). Longitude Prime Partners, LLC ("LPP") is the general partner of LPF and may be deemed to have voting and investment power over the securities held by LPF. The Reporting Person, a member of the Issuer's board of directors, is a managing member of LPP and may be deemed to share voting and investment power over the securities held by LPF. LPF, LPP and the Reporting Person disclaim beneficial ownership of such shares except to the extent of their respective pecuniary interests therein.
F5	The warrant was automatically net exercised for Series H Preferred Stock immediately prior to the closing of the Issuer's initial public offering of its Common Stock.