Juliet Tammenoms - Oct 11, 2024 Form 4 Insider Report for Ceribell, Inc. (CBLL)

Role: Director
Signature: /s/ Louisa Daniels, Attorney-in-Fact for Juliet Tammenoms Bakker
Stock symbol: CBLL
Transactions as of: Oct 11, 2024
Transactions value $: $4,032,978
Form type: 4
Date filed: 10/16/2024, 04:18 PM
Previous filing: Oct 10, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CBLL	Common Stock	Award	$0	+6.62K		$0.00	6.62K	Oct 11, 2024	Direct	F1
transaction	CBLL	Common Stock	Conversion of derivative security		+2.14M	+2200.54%		2.24M	Oct 15, 2024	By Longitude Venture Partners IV, L.P.	F2, F3
transaction	CBLL	Common Stock	Purchase	$4.03M	+237K	+10.6%	$17.00	2.48M	Oct 15, 2024	By Longitude Venture Partners IV, L.P.	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	CBLL	Series C-1 Preferred Stock	Conversion of derivative security	$0	-2.14M	-100%	$0.00	0	Oct 15, 2024	Common Stock	2.14M		By Longitude Venture Partners IV, L.P.	F2, F3

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

Explanation of Responses:

Id	Content
F1	Represents 6,618 restricted stock units.
F2	The securities are held by Longitude Venture Partners IV, L.P. ("LVPIV"). Longitude Capital Partners IV, LLC ("LCPIV") is the general partner of LVPIV and may be deemed to have voting, investment, and dispositive power over the securities held by LVPIV. Juliet Tammenoms Bakker, a member of the issuer's board of directors, and Patrick G. Enright are managing members of LCPIV and may each be deemed to share voting, investment, and dispositive power over the securities held by LVPIV. Each of LCPIV, Ms. Tammenoms Bakker, and Mr. Enright disclaims beneficial ownership of such securities except to the extent of the respective pecuniary interests therein.
F3	Each share of the issuer's Preferred Stock automatically converted into one (1) share of the issuer's Common Stock immediately prior to the closing of the issuer's initial public offering on October 15, 2024 and had no expiration date.