R. Kent Jr McGaughy - 14 Nov 2022 Form 4 Insider Report for PROCEPT BioRobotics Corp (PRCT)

Role
10%+ Owner
Signature
/s/ John Bateman, as Chief Operating Officer of CPMG, Inc.
Issuer symbol
PRCT
Transactions as of
14 Nov 2022
Transactions value $
$0
Form type
4
Filing time
16 Nov 2022, 15:31:04 UTC
Previous filing
13 Sep 2022
Next filing
07 Dec 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PRCT Common Stock Other $0 -1.73M -19.83% $0.00 6.99M 14 Nov 2022 By White Tailed Ptarmigan, LP F1, F2
holding PRCT Common Stock 27K 14 Nov 2022 By Kestrel Fund, LP F1, F3
holding PRCT Common Stock 172K 14 Nov 2022 By Mallard Fund, L.P. F1, F3
holding PRCT Common Stock 228K 14 Nov 2022 By Lagos Trust F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 CPMG, Inc. is the general partner and investment manager of each of White Tailed Ptarmigan, LP, Kestrel Fund, L.P., and Mallard Fund, L.P. (collectively, the "CPMG Funds"). In such capacities, CPMG, Inc. may be deemed to have voting and investment control over the shares beneficially owned by the CPMG Funds. Antal Desai, a member of the Issuer's board of directors, and Kent McGaughy, Jr., each of whom is a shareholder and managing partner of CPMG, Inc., may be deemed to share voting and investment power with respect to the shares beneficially owned by the CPMG Funds. Each of Mr. Desai and Mr. McGaughy, Jr. disclaims beneficial ownership of the shares beneficially owned by the CPMG Funds except to the extent of any pecuniary interest therein. Antal Desai reports his beneficial ownership of these shares on a separate Form 4.
F2 On November 14, 2022, White Tailed Ptarmigan, LP distributed shares on a pro rata basis, for no consideration, including 233,056 shares that were distributed in transactions exempt from Section 16 under Rule 16a-13.
F3 Includes shares previously held indirectly through White Tailed Ptarmigan, LP, which were distributed on a pro rata basis, for no consideration, on November 14, 2022, in a transaction exempt from Section 16 under Rules 16a-9 and 16a-13.
F4 Mr. McGaughy, Jr. is a trustee of Lagos Trust. Mr. McGaughy, Jr. disclaims beneficial ownership of the shares beneficially owned by Lagos Trust except to the extent of any pecuniary interest therein.