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

Role
Director
Signature
/s/ Louisa Daniels, Attorney-in-Fact for Juliet Tammenoms Bakker
Issuer symbol
CBLL
Transactions as of
11 Oct 2024
Net transactions value
+$4,032,978
Form type
4
Filing time
16 Oct 2024, 16:18:06 UTC
Previous filing
10 Oct 2024
Next filing
04 Jun 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CBLL Common Stock Award $0 +6,618 $0.000000 6,618 11 Oct 2024 Direct F1
transaction CBLL Common Stock Conversion of derivative security +2,140,600 +2201% 2,237,876 15 Oct 2024 By Longitude Venture Partners IV, L.P. F2, F3
transaction CBLL Common Stock Purchase $4,032,978 +237,234 +11% $17.00 2,475,110 15 Oct 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 -2,140,600 -100% $0.000000 0 15 Oct 2024 Common Stock 2,140,600 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.