New Enterprise Associates 10 L P - Jul 2, 2021 Form 4 Insider Report for CVRx, Inc. (CVRX)

Role
10%+ Owner
Signature
/s/ Sasha Keough, attorney-in-fact
Stock symbol
CVRX
Transactions as of
Jul 2, 2021
Transactions value $
$4,059,000
Form type
4
Date filed
7/7/2021, 04:47 PM
Previous filing
Jun 29, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CVRX Common Stock Conversion of derivative security +58.2K 58.2K Jul 2, 2021 Direct F1
transaction CVRX Common Stock Conversion of derivative security +57.2K +98.39% 115K Jul 2, 2021 Direct F1
transaction CVRX Common Stock Conversion of derivative security +71.1K +61.58% 186K Jul 2, 2021 Direct F1
transaction CVRX Common Stock Conversion of derivative security +80.2K +42.99% 267K Jul 2, 2021 Direct F1
transaction CVRX Common Stock Conversion of derivative security +83.4K +31.27% 350K Jul 2, 2021 Direct F1
transaction CVRX Common Stock Conversion of derivative security +254K +72.44% 604K Jul 2, 2021 Direct F1
transaction CVRX Common Stock Conversion of derivative security +1.2M +198.27% 1.8M Jul 2, 2021 Direct F2
transaction CVRX Common Stock Purchase $4.06M +226K +12.52% $18.00 2.03M Jul 2, 2021 Direct

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 A-2 Preferred Stock Conversion of derivative security $0 -2.3M -100% $0.00* 0 Jul 2, 2021 Common Stock 58.2K Direct F1, F3
transaction CVRX Series B-2 Preferred Stock Conversion of derivative security $0 -2.26M -100% $0.00* 0 Jul 2, 2021 Common Stock 57.2K Direct F1, F3
transaction CVRX Series C-2 Preferred Stock Conversion of derivative security $0 -2.81M -100% $0.00* 0 Jul 2, 2021 Common Stock 71.1K Direct F1, F3
transaction CVRX Series D-2 Preferred Stock Conversion of derivative security $0 -3.17M -100% $0.00* 0 Jul 2, 2021 Common Stock 80.2K Direct F1, F3
transaction CVRX Series E-2 Preferred Stock Conversion of derivative security $0 -3.3M -100% $0.00* 0 Jul 2, 2021 Common Stock 83.4K Direct F1, F3
transaction CVRX Series F-2 Preferred Stock Conversion of derivative security $0 -10M -100% $0.00* 0 Jul 2, 2021 Common Stock 254K Direct F1, F3
transaction CVRX Series G Preferred Stock Conversion of derivative security $0 -18.9M -100% $0.00* 0 Jul 2, 2021 Common Stock 1.2M 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 A-2 Convertible Preferred Stock, Series B-2 Convertible Preferred Stock, Series C-2 Convertible Preferred Stock, Series D-2 Convertible Preferred Stock, Series E-2 Convertible Preferred Stock and 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.