Caligan Partners LP - 14 Sep 2023 Form 4 Insider Report for ALIMERA SCIENCES INC

Role
10%+ Owner
Signature
Caligan Partners LP, By: /s/ David Johnson, Managing Partner
Issuer symbol
N/A
Transactions as of
14 Sep 2023
Net transactions value
$0
Form type
4
Filing time
15 Sep 2023, 16:05:17 UTC
Previous filing
17 Aug 2023
Next filing
14 Dec 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALIM Common Stock, par value 0.01 per share (Common Stock) Sale $1,962,810 -579,000 -3.4% $3.39 16,256,154 14 Sep 2023 See footnote F1, F2
transaction ALIM Common Stock Purchase $1,962,810 +579,000 +3.6% $3.39 16,835,154 14 Sep 2023 See footnote F1, F2

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 ALIM Notional Derivative Agreements (obligation to buy) Other +1 +0% 490,000 14 Sep 2023 Common Stock 490,000 See footnote F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This Form 4 is filed by David Johnson ("Mr. Johnson") and Caligan Partners LP ("Caligan") with respect to the securities held by Caligan Partners Master Fund LP ("Caligan Master Fund"), a Cayman Islands limited partnership, and managed accounts ("Caligan Accounts", together with the Caligan Master Fund, the "Caligan Fund and Accounts") to which Caligan serves as investment manager. Mr. Johnson is the Managing Partner of Caligan and a Managing Member of Caligan Partners GP LLC, the general partner of Caligan.
F2 Represents rebalancing transaction between the Caligan Fund and Accounts.
F3 At the market close on September 14, 2023, the expiration date of the notional principal amount derivative agreements in the form of cash settled swaps previously reported on the Form 3 filed by the Reporting Persons on August 11, 2023, was extended from February 2, 2024 to September 26, 2025.

Remarks:

Each Reporting Person disclaims beneficial ownership in the securities reported on this Form 4 except to the extent of its or his pecuniary interest, if any, therein, and this report shall not be deemed to be an admission that such Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.