MVM Partners, LLC - 31 Dec 2022 Form 5 Insider Report for OptiNose, Inc. (OPTN)

Role: 10%+ Owner
Signature: /s/ Eric Bednarski
Issuer symbol: OPTN
Transactions as of: 31 Dec 2022
Net transactions value: +$4,000,000
Form type: 5
Filing time: 14 Feb 2023, 15:11:43 UTC
Previous filing: 14 Feb 2023
Next filing: 28 Feb 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	OPTN	Common Stock	Award	$3,978,947	+2,105,263	+17%	$1.89	14,605,263	23 Nov 2022	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	OPTN	Warrant (right to buy)	Options Exercise	$21,053	+2,105,263		$0.0100^*	2,105,263	23 Nov 2022	Common Stock	2,105,263	$2.56	See footnote	F1, F2, F3, F4

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

Explanation of Responses:

Id	Content
F1	Includes 14,310,208 shares held by MVM V LP and 295,055 shares held by MVM GP (No. 5) LP.
F2	The Reporting Person is the current manager of MVM V LP and MVM GP (No.5) LP
F3	The warrants are immediately exercisable.
F4	Includes warrant to purchase 2,062,732 shares of common stock by MVM V LP and warrant to purchase 42,531 shares of common stock by MVM GP (No. 5) LP.