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

Role
10%+ Owner
Signature
Northpond Capital GP, LLC, By: /s/ Patrick Smerkers, Senior Vice President, Finance and Operations
Stock symbol
ISO
Transactions as of
Oct 12, 2021
Transactions value $
$15,000,000
Form type
4
Date filed
10/14/2021, 04:24 PM
Previous filing
Oct 7, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ISO Common Stock Conversion of derivative security +6.3M +1489.02% 6.73M Oct 12, 2021 See footnote F1, F2, F3
transaction ISO Common Stock Conversion of derivative security +1.04M +2542.1% 1.08M Oct 12, 2021 See footnote F1, F4, F5
transaction ISO Common Stock Purchase $15M +1M +92.51% $15.00* 2.08M Oct 12, 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 -288K -100% $0.00* 0 Oct 12, 2021 Common Stock 2.3M See footnote F1, F3
transaction ISO Series C-2 Redeemable Convertible Preferred Stock Conversion of derivative security $0 -309K -100% $0.00* 0 Oct 12, 2021 Common Stock 2.47M See footnote F1, F3
transaction ISO Series D Redeemable Convertible Preferred Stock Conversion of derivative security $0 -191K -100% $0.00* 0 Oct 12, 2021 Common Stock 1.53M See footnote F1, F3
transaction ISO Series D Redeemable Convertible Preferred Stock Conversion of derivative security $0 -130K -100% $0.00* 0 Oct 12, 2021 Common Stock 1.04M 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.