Northpond Capital GP, LLC - 12 Oct 2021 Form 4 Insider Report for IsoPlexis Corp

Role: 10%+ Owner
Signature: Northpond Capital GP, LLC, By: /s/ Patrick Smerkers, Senior Vice President, Finance and Operations
Issuer symbol: N/A
Transactions as of: 12 Oct 2021
Net transactions value: +$15,000,000
Form type: 4
Filing time: 14 Oct 2021, 16:24:44 UTC
Previous filing: 07 Oct 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ISO	Common Stock	Conversion of derivative security		+6,304,192	+1489%		6,727,570	12 Oct 2021	See footnote	F1, F2, F3
transaction	ISO	Common Stock	Conversion of derivative security		+1,040,048	+2542%		1,080,961	12 Oct 2021	See footnote	F1, F4, F5
transaction	ISO	Common Stock	Purchase	$15,000,000	+1,000,000	+93%	$15.00^*	2,080,961	12 Oct 2021	See footnote	F5

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	ISO	Series C Redeemable Convertible Preferred Stock	Conversion of derivative security	$0	-287,785	-100%	$0.000000^*	0	12 Oct 2021	Common Stock	2,302,280		See footnote	F1, F3
transaction	ISO	Series C-2 Redeemable Convertible Preferred Stock	Conversion of derivative security	$0	-309,131	-100%	$0.000000^*	0	12 Oct 2021	Common Stock	2,473,048		See footnote	F1, F3
transaction	ISO	Series D Redeemable Convertible Preferred Stock	Conversion of derivative security	$0	-191,108	-100%	$0.000000^*	0	12 Oct 2021	Common Stock	1,528,864		See footnote	F1, F3
transaction	ISO	Series D Redeemable Convertible Preferred Stock	Conversion of derivative security	$0	-130,006	-100%	$0.000000^*	0	12 Oct 2021	Common Stock	1,040,048		See footnote	F1, F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each share of the Series C Redeemable Convertible Preferred Stock, Series C-2 Redeemable Convertible Preferred Stock and Series D Redeemable Convertible Preferred Stock automatically converted on a one-for-8 basis into Common Stock upon the consummation of the Issuer's initial public offering. The preferred stock had no expiration date.
F2	Includes 423,378 shares of Common Stock issued per dividends accrued to but not including October 12, 2021.
F3	The securities are held directly by Northpond Ventures, LP ("Northpond"). Northpond Ventures GP, LLC ("Northpond GP") is the general partner of Northpond. Michael P. Rubin ("Rubin") is the managing member of Northpond GP.
F4	Includes 40,913 shares of Common Stock issued per dividends accrued to but not including October 12, 2021.
F5	The securities are held directly by Northpond Capital, LP ("Northpond Capital"). Northpond Capital GP, LLC ("Northpond Capital GP") is the general partner of Northpond Capital. Rubin is the managing member of Northpond Capital GP.