Spring Mountain Capital G.P., LLC - 12 Oct 2021 Form 4 Insider Report for IsoPlexis Corp

Role
10%+ Owner
Signature
Spring Mountain Capital G.P., LLC, by Gregory P. Ho, as Managing Member /s/Gregory P. Ho
Issuer symbol
N/A
Transactions as of
12 Oct 2021
Net transactions value
$0
Form type
4
Filing time
14 Oct 2021, 16:11:10 UTC
Previous filing
07 Oct 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ISO Common Stock Conversion of derivative security +894,128 894,128 12 Oct 2021 By SMC Growth Capital Partners II, LP F1, F2, F5
transaction ISO Common Stock Conversion of derivative security +338,959 +38% 1,233,087 12 Oct 2021 By SMC Growth Capital Partners II, LP F1, F2, F6
transaction ISO Common Stock Conversion of derivative security +630,209 +51% 1,863,296 12 Oct 2021 By SMC Growth Capital Partners II, LP F1, F2, F7
transaction ISO Common Stock Conversion of derivative security +739,033 +40% 2,602,329 12 Oct 2021 By SMC Growth Capital Partners II, LP F1, F2, F8
transaction ISO Common Stock Conversion of derivative security +689,267 +26% 3,291,596 12 Oct 2021 By SMC Growth Capital Partners II, LP F1, F2, F9
transaction ISO Common Stock Conversion of derivative security +435,136 +13% 3,726,732 12 Oct 2021 By SMC Growth Capital Partners II, LP F1, F2, F10
transaction ISO Common Stock Conversion of derivative security +744,083 744,083 12 Oct 2021 By SMC Private Equity Holdings, LP F1, F3, F11
transaction ISO Common Stock Conversion of derivative security +459,781 +62% 1,203,864 12 Oct 2021 By SMC Private Equity Holdings, LP F1, F3, F12
transaction ISO Common Stock Conversion of derivative security +415,337 +35% 1,619,201 12 Oct 2021 By SMC Private Equity Holdings, LP F1, F3, F13
transaction ISO Common Stock Conversion of derivative security +215,950 +13% 1,835,151 12 Oct 2021 By SMC Private Equity Holdings, LP F1, F3, F14
transaction ISO Common Stock Conversion of derivative security +435,136 +24% 2,270,287 12 Oct 2021 By SMC Private Equity Holdings, LP F1, F3, F15
transaction ISO Common Stock Conversion of derivative security +67,642 67,642 12 Oct 2021 By SMC Holdings II, LP F1, F4, F16

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 ISO Series A Redeemable Convertible Preferred Stock Conversion of derivative security $0 -107,604 -100% $0.000000* 0 12 Oct 2021 Common Stock 860,832 By SMC Growth Capital Partners II, LP F1, F2
transaction ISO Series A-2 Redeemable Convertible Preferred Stock Conversion of derivative security $0 -39,726 -100% $0.000000* 0 12 Oct 2021 Common Stock 317,808 By SMC Growth Capital Partners II, LP F1, F2
transaction ISO Series A-2 Redeemable Convertible Preferred Stock Conversion of derivative security $0 -87,398 -100% $0.000000* 0 12 Oct 2021 Common Stock 699,184 By SMC Private Equity Holdings, LP F1, F3
transaction ISO Series A-2 Redeemable Convertible Preferred Stock Conversion of derivative security $0 -7,945 -100% $0.000000* 0 12 Oct 2021 Common Stock 63,560 By SMC Holdings II, LP F1, F4
transaction ISO Series B Redeemable Convertible Preferred Stock Conversion of derivative security $0 -73,571 -100% $0.000000* 0 12 Oct 2021 Common Stock 588,568 By SMC Growth Capital Partners II, LP F1, F2
transaction ISO Series B Redeemable Convertible Preferred Stock Conversion of derivative security $0 -53,480 -100% $0.000000* 0 12 Oct 2021 Common Stock 427,840 By SMC Private Equity Holdings, LP F1, F3
transaction ISO Series B-2 Redeemable Convertible Preferred Stock Conversion of derivative security $0 -84,347 -100% $0.000000* 0 12 Oct 2021 Common Stock 674,776 By SMC Growth Capital Partners II, LP F1, F2
transaction ISO Series B-2 Redeemable Convertible Preferred Stock Conversion of derivative security $0 -47,403 -100% $0.000000* 0 12 Oct 2021 Common Stock 379,224 By SMC Private Equity Holdings, LP F1, F3
transaction ISO Series C Redeemable Convertible Preferred Stock Conversion of derivative security $0 -78,999 -100% $0.000000* 0 12 Oct 2021 Common Stock 631,992 By SMC Growth Capital Partners II, LP F1, F2
transaction ISO Series C Redeemable Convertible Preferred Stock Conversion of derivative security $0 -24,833 -100% $0.000000* 0 12 Oct 2021 Common Stock 198,664 By SMC Private Equity Holdings, LP F1, F3
transaction ISO Series C-2 Redeemable Convertible Preferred Stock Conversion of derivative security $0 -51,522 -100% $0.000000* 0 12 Oct 2021 Common Stock 412,176 By SMC Growth Capital Partners II, LP F1, F2
transaction ISO Series C-2 Redeemable Convertible Preferred Stock Conversion of derivative security $0 -51,522 -100% $0.000000* 0 12 Oct 2021 Common Stock 412,176 By SMC Private Equity Holdings, LP F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares of Series A Redeemable Convertible Preferred Stock, par value $0.001, of the Issuer, Series A-2 Redeemable Convertible Preferred Stock, par value $0.001, of the Issuer, Series B Redeemable Convertible Preferred Stock, par value $0.001, of the Issuer, Series B-2 Redeemable Convertible Preferred Stock, par value $0.001, of the Issuer, Series C Redeemable Convertible Preferred Stock, par value $0.001, of the Issuer and Series C-2 Redeemable Convertible Preferred Stock, par value $0.001, of the Issuer (collectively, the "Preferred Stock") were convertible on a one-for-eight basis into shares of Common Stock of the Issuer at the option of the holder at any time and automatically converted upon the closing of the Issuer's initial public offering. The Preferred Stock had no expiration date.
F2 The securities are directly held by SMC Growth Capital Partners II, LP ("GCII"). SMC Growth Capital II GP, LLC, a Delaware limited liability company ("GCII GP"), is the general partner of GCII, and Spring Mountain Capital G.P., LLC, a Delaware limited liability company ("SMC GP"), is the managing member of GCII GP. John L. Steffens and Gregory P. Ho each serves as a managing member of SMC GP. Each of GCII GP, SMC GP, Mr. Steffens and Mr. Ho may be deemed to indirectly hold the securities held by GCII. GCII holds voting and dispositive power over the securities it holds. Each of Mr. Steffens, Mr. Ho, GCII GP and SMC GP disclaims beneficial ownership of these securities, except to the extent of their respective pecuniary interests therein.
F3 The securities are directly held by SMC Private Equity Holdings, LP ("PEH"). SMC Private Equity Holdings G.P., LLC, a Delaware limited liability company ("PEH GP"), is the general partner of PEH, and SMC GP is the managing member of PEH GP. Mr. Steffens and Mr. Ho each serves as a managing member of SMC GP. Each of PEH GP, SMC GP, Mr. Steffens and Mr. Ho may be deemed to indirectly hold the securities held by PEH. PEH holds voting and dispositive power over the securities it holds. Each of Mr. Steffens, Mr. Ho, PEH GP and SMC GP disclaims beneficial ownership of these securities, except to the extent of their respective pecuniary interests therein.
F4 The securities are directly held by SMC Holdings II, LP ("Holdings"). SMC Holdings II G.P., LLC, a Delaware limited liability company ("Holdings GP"), is the general partner of Holdings. Mr. Steffens and Mr. Ho each serves as a managing member of Holdings GP. Each of Holdings GP, Mr. Steffens and Mr. Ho may be deemed to indirectly hold the securities held by Holdings. Holdings holds voting and dispositive power over the securities it holds. Each of Mr. Steffens, Mr. Ho and Holdings GP disclaims beneficial ownership of these securities, except to the extent of their respective pecuniary interests therein.
F5 Includes 33,296 shares of Common Stock issued per dividends accrued to but not including October 12, 2021.
F6 Includes 21,151 shares of Common Stock issued per dividends accrued to but not including October 12, 2021.
F7 Includes 41,641 shares of Common Stock issued per dividends accrued to but not including October 12, 2021.
F8 Includes 64,257 shares of Common Stock issued per dividends accrued to but not including October 12, 2021.
F9 Includes 57,275 shares of Common Stock issued per dividends accrued to but not including October 12, 2021.
F10 Includes 22,960 shares of Common Stock issued per dividends accrued to but not including October 12, 2021.
F11 Includes 44,899 shares of Common Stock issued per dividends accrued to but not including October 12, 2021.
F12 Includes 31,941 shares of Common Stock issued per dividends accrued to but not including October 12, 2021.
F13 Includes 36,113 shares of Common Stock issued per dividends accrued to but not including October 12, 2021.
F14 Includes 17,286 shares of Common Stock issued per dividends accrued to but not including October 12, 2021.
F15 Includes 22,960 shares of Common Stock issued per dividends accrued to but not including October 12, 2021.
F16 Includes 4,082 shares of Common Stock issued per dividends accrued to but not including October 12, 2021.