John Brintnall - 02 Jul 2021 Form 4 Insider Report for CVRx, Inc. (CVRX)

Role
Chief Strategy Officer and Sec
Signature
/s/ Amy C. Seidel, Attorney-in-Fact
Issuer symbol
CVRX
Transactions as of
02 Jul 2021
Net transactions value
$0
Form type
4
Filing time
02 Jul 2021, 17:03:46 UTC
Previous filing
29 Jun 2021
Next filing
03 Jan 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CVRX Common Stock Conversion of derivative security +2,242 2,242 02 Jul 2021 Direct F1
transaction CVRX Common Stock Conversion of derivative security +5,658 +252% 7,900 02 Jul 2021 Direct F2
holding CVRX Common Stock 4,945 02 Jul 2021 By trust
holding CVRX Common Stock 4,681 02 Jul 2021 By spouse's 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 CVRX Series F-2 Preferred Stock Conversion of derivative security $0 -88,653 -100% $0.000000* 0 02 Jul 2021 Common Stock 2,242 Direct F1, F3
transaction CVRX Series G-2 Preferred Stock Conversion of derivative security $0 -89,518 -100% $0.000000* 0 02 Jul 2021 Common Stock 5,658 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Upon the closing of the Issuer's initial public offering, each share of Series F-2 Convertible Preferred Stock automatically converted into shares of common stock at a rate of 1-for-0.025857287.
F2 Upon the closing of the Issuer's initial public offering, each share of Series G Convertible Preferred Stock automatically converted into shares of common stock at a rate of 1-for-0.0632143218.
F3 Upon the closing of the Issuer's initial public offering, each share of preferred stock automatically converted into shares of common stock at the then-appliable conversion rate for no additional consideration (subject to the payment of cash in lieu of any fractional shares). The conversion rates reported reflect the conversion ratios under the Issuer's certificate of incorporation, adjusted to give effect to the previously effected 1-for-39.548 reverse stock split of the common stock.