| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | AVR | Common Stock | Award | +7.22K | 7.22K | Dec 16, 2024 | See Footnote | F1, F2 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | AVR | Stock Option | Award | $0 | +16.5K | $0.00 | 16.5K | Dec 16, 2024 | Common Stock | 16.5K | $7.13 | See Footnote | F3, F4, F5, F9 | |
| transaction | AVR | Stock Option | Award | $0 | +40K | $0.00 | 40K | Dec 16, 2024 | Common Stock | 40K | $8.25 | See Footnote | F3, F4, F6, F9 | |
| transaction | AVR | Stock Option | Award | $0 | +80.5K | $0.00 | 80.5K | Dec 16, 2024 | Common Stock | 80.5K | $15.28 | See Footnote | F3, F4, F7, F9 | |
| transaction | AVR | Stock Option | Award | $0 | +50K | $0.00 | 50K | Dec 16, 2024 | Common Stock | 50K | $14.64 | See Footnote | F3, F4, F8, F9 |
| Id | Content |
|---|---|
| F1 | Represents CHESS Depositary Interests ("CDIs") of the Issuer received in exchange for an equivalent number of ordinary shares of Anteris Technologies Ltd ("ATL") in connection with a series of reorganization transactions pursuant to which the Issuer received all of the issued and outstanding shares of ATL pursuant to a scheme of arrangement (the "Scheme") under Australian law between ATL and its shareholders under Part 5.1 of the Australian Corporations Act 2001 (Cth) (the "Corporations Act"). On December 16, 2024, the effective date of the Scheme and the closing of the Issuer's U.S. initial public offering (the "Effective Date"), the closing price of the Issuer's common stock on the Nasdaq Global Market was $5.50 per share. The CDIs are traded on the Australian Securities Exchange (the "ASX") and are held by CHESS Depositary Nominees Pty, Limited, a subsidiary of ASX Limited, the company that operates the Australian Securities Exchange. |
| F2 | Held by Citicorp Nominees Pty Ltd as custodian for Sloane Pty Ltd who is the Trustee for the Denaro Superannuation Fund, for which Mr. Denaro is a beneficiary. |
| F3 | Options are issued in AUD. Exercise prices have been translated into USD using the December 15, 2024 exchange rate, which was approximately A$1.00 to $0.64. |
| F4 | Legacy awards originally issued by Anteris Technologies Ltd that were assumed by AVR through a reorganization effective December 16, 2024. |
| F5 | The option vested in two equal installments on February 8, 2022 and June 24, 2022. |
| F6 | The option vests in three equal annual installments beginning on December 31, 2022, subject to the Reporting Person's continued service. |
| F7 | The option vests in three equal annual installments beginning on September 15, 2024, subject to the Reporting Person's continued service. |
| F8 | The option vests in three equal annual installments beginning on June 19, 2025, subject to the Reporting Person's continued service. |
| F9 | Held by Sloane Pty Ltd as Trustee for the Denaro Family Trust. The Reporting Person serves as the director and sole shareholder of Sloane Pty Ltd, which Mr. Denaro is deemed to beneficially own. |