John Dyett - 18 Jun 2021 Form 4 Insider Report for FEMASYS INC (FEMY)

Role
Director, 10%+ Owner
Signature
/s/ Kathy Lee-Sepsick, Attorney-in-fact
Issuer symbol
FEMY
Transactions as of
18 Jun 2021
Net transactions value
+$691,700
Form type
4
Filing time
24 Jun 2021, 16:49:05 UTC
Previous filing
17 Jun 2021
Next filing
17 Dec 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FEMY Common Stock Purchase $32,950 +2,500 $13.18 2,500 18 Jun 2021 By IRA
transaction FEMY Common Stock Conversion of derivative security +948,342 948,342 22 Jun 2021 By Salem Femasys Investors LLC F1, F2
transaction FEMY Common Stock Conversion of derivative security +2,271,453 +240% 3,219,795 22 Jun 2021 By Salem Femasys Investors LLC F2, F3
transaction FEMY Common Stock Purchase $128,800 +10,000 $12.88 10,000 18 Jun 2021 By the Dyett Family Trust
transaction FEMY Common Stock Purchase $520,000 +40,000 +400% $13.00 50,000 22 Jun 2021 By the Dyett Family Trust
transaction FEMY Common Stock Conversion of derivative security +63,709 +127% 113,709 22 Jun 2021 By the Dyett Family Trust F4
transaction FEMY Common Stock Purchase $9,950 +1,000 +0.88% $9.95 114,709 23 Jun 2021 By the Dyett Family Trust

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 FEMY Series B Convertible Preferred Stock Conversion of derivative security -948,342 -100% 0 22 Jun 2021 Common Stock 948,342 By Salem Femasys Investors LLC F1, F2
transaction FEMY Series C Convertible Preferred Stock Conversion of derivative security -2,271,453 -100% 0 22 Jun 2021 Common Stock 2,271,453 By Salem Femasys Investors LLC F2, F3
transaction FEMY Series C Convertible Preferred Stock Conversion of derivative security -63,709 -100% 0 22 Jun 2021 Common Stock 63,709 By the Dyett Family Trust F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 948,342 shares of Series B Convertible Preferred Stock were automatically converted into Common Stock in connection with the closing of the Issuer's initial public offering. The Series B Convertible Preferred Stock had no expiration date.
F2 Salem Femasys Investors LLC is a limited liability company consisting of 95 members, as of December 31, 2020. Mr. Dyett, acting as manager for Salem Femasys Investors LLC, has sole voting power over the shares held by Salem Femasys Investors LLC, subject to the vote of members holding more than 50% of the outstanding interests in Salem Femasys Investors LLC, and shares dispositive power over such shares, which powers may be exercised by members holding more than 50% of the outstanding interests in Salem Femasys Investors LLC, with each of the other members. Mr. Dyett disclaims beneficial ownership over the shares held by Salem Femasys Investors LLC, except to the extent of his pecuniary interest therein.
F3 2,271,453 shares of Series C Convertible Preferred Stock were automatically converted into Common Stock in connection with the closing of the Issuer's initial public offering. The Series C Convertible Preferred Stock had no expiration date.
F4 63,709 shares of Series C Convertible Preferred Stock were automatically converted into Common Stock in connection with the closing of the Issuer's initial public offering. The Series C Convertible Preferred Stock had no expiration date.