Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | GMED | Class B Common Stock | Gift | $0 | -342K | -1.64% | $0.00 | 20.5M | Dec 5, 2023 | Class A Common Stock | 342K | Direct | F1, F2 | |
transaction | GMED | Class B Common Stock | Gift | $0 | +171K | $0.00 | 171K | Dec 5, 2023 | Class A Common Stock | 171K | By The David C. Paul Children's Trust | F1, F2, F3 | ||
transaction | GMED | Class B Common Stock | Gift | $0 | +171K | $0.00 | 171K | Dec 5, 2023 | Class A Common Stock | 171K | By The Sonali Paul Children's Irrevocable Trust | F1, F2, F4 | ||
holding | GMED | Class B Common Stock | 1.56M | Dec 5, 2023 | Class A Common Stock | 1.56M | By Paul Family Irrevocable Trust U/A 4/6/10 | F1, F5 |
Id | Content |
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F1 | From the date of acquisition, the Company's Class B Common Stock converts into the Company's Class A Common Stock on a one-for-one basis (i) at the option of the holder, (ii) upon certain transfers, (iii) upon the closing of the Company's initial public offering if at that time the Company's Class B Common Stock that the holder beneficially owns is less than 10% of the aggregate number of all outstanding shares of the Company's common stock, and (iv) immediately if, at any time following the initial public offering of the Company's common stock, the Company's Class B Common Stock that the holder beneficially owns represents less than 5% of all outstanding shares of the Company's common stock. |
F2 | This transaction involved a gift by the reporting person and his spouse of a total of 342,200 shares of Class B Common Stock to trusts for the benefit of their children. |
F3 | These shares are held in a trust for the benefit of a child of the reporting person. The reporting person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose. |
F4 | These shares are held in a trust for the benefit of a child of the reporting person. The reporting person is trustee of the trust. |
F5 | These shares are held in a trust for the benefit of the reporting person's spouse and children. The reporting person's spouse is trustee of the trust. |