Ali Behbahani - 26 Oct 2021 Form 4 Insider Report for MINERVA SURGICAL INC

Role
Director
Signature
/s/ Sasha Keough, attorney-in-fact
Issuer symbol
UTRS on OTC
Transactions as of
26 Oct 2021
Net transactions value
-$37,422
Form type
4
Filing time
28 Oct 2021, 21:06:25 UTC
Previous filing
21 Oct 2021
Next filing
27 Dec 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UTRS Common Stock Conversion of derivative security +281 281 26 Oct 2021 Direct F1
transaction UTRS Common Stock Conversion of derivative security +704 +251% 985 26 Oct 2021 Direct F1
transaction UTRS Common Stock Conversion of derivative security +4,196 +426% 5,181 26 Oct 2021 Direct F1
transaction UTRS Common Stock Conversion of derivative security +3,306 +64% 8,487 26 Oct 2021 Direct F1

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 UTRS Series B Preferred Stock Conversion of derivative security -281 -100% 0 26 Oct 2021 Common Stock 281 Direct F1
transaction UTRS Series C Preferred Stock Conversion of derivative security -704 -100% 0 26 Oct 2021 Common Stock 704 Direct F1
transaction UTRS Series D Preferred Stock Conversion of derivative security -4,196 -100% 0 26 Oct 2021 Common Stock 4,196 Direct F1
transaction UTRS Subordinated Secured Convertible Promissory Note Conversion of derivative security $6,155 0 26 Oct 2021 Series D Preferred Stock 544 $11.31 Direct F2
transaction UTRS Subordinated Secured Convertible Promissory Note Conversion of derivative security $5,920 0 26 Oct 2021 Series D Preferred Stock 523 $11.31 Direct F3
transaction UTRS Subordinated Secured Convertible Promissory Note Conversion of derivative security $5,837 0 26 Oct 2021 Series D Preferred Stock 516 $11.31 Direct F4
transaction UTRS Subordinated Secured Convertible Promissory Note Conversion of derivative security $5,674 0 26 Oct 2021 Series D Preferred Stock 501 $11.31 Direct F5
transaction UTRS Subordinated Secured Convertible Promissory Note Conversion of derivative security $5,437 0 26 Oct 2021 Series D Preferred Stock 480 $11.31 Direct F6
transaction UTRS Subordinated Secured Convertible Promissory Note Conversion of derivative security $8,398 0 26 Oct 2021 Series D Preferred Stock 742 $11.31 Direct F7
transaction UTRS Series D Preferred Stock Conversion of derivative security +544 544 26 Oct 2021 Common Stock 544 Direct F1
transaction UTRS Series D Preferred Stock Conversion of derivative security +523 +96% 1,067 26 Oct 2021 Common Stock 523 Direct F1
transaction UTRS Series D Preferred Stock Conversion of derivative security +516 +48% 1,583 26 Oct 2021 Common Stock 516 Direct F1
transaction UTRS Series D Preferred Stock Conversion of derivative security +501 +32% 2,084 26 Oct 2021 Common Stock 501 Direct F1
transaction UTRS Series D Preferred Stock Conversion of derivative security +480 +23% 2,564 26 Oct 2021 Common Stock 480 Direct F1
transaction UTRS Series D Preferred Stock Conversion of derivative security +742 +29% 3,306 26 Oct 2021 Common Stock 742 Direct F1
transaction UTRS Series D Preferred Stock Conversion of derivative security -3,306 -100% 0 26 Oct 2021 Common Stock 3,306 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Series B Preferred Stock, Series C Preferred Stock and Series D Preferred Stock automatically converted into Common Stock on a 1:1 basis immediately prior to the completion of the Issuer's initial public offering of Common Stock and had no expiration date.
F2 Represents $6,155.15 of outstanding principal and interest calculated through October 26, 2021, on which date such amount converted into shares of Series D Preferred Stock at a conversion price per share of $11.30602.
F3 Represents $5,920.31 of outstanding principal and interest calculated through October 26, 2021, on which date such amount converted into shares of Series D Preferred Stock at a conversion price per share of $11.30602.
F4 Represents $5,837.08 of outstanding principal and interest calculated through October 26, 2021, on which date such amount converted into shares of Series D Preferred Stock at a conversion price per share of $11.30602.
F5 Represents $5,674.16 of outstanding principal and interest calculated through October 26, 2021, on which date such amount converted into shares of Series D Preferred Stock at a conversion price per share of $11.30602.
F6 Represents $5,436.88 of outstanding principal and interest calculated through October 26, 2021, on which date such amount converted into shares of Series D Preferred Stock at a conversion price per share of $11.30602.
F7 Represents $8,398.26 of outstanding principal and interest calculated through October 26, 2021, on which date such amount converted into shares of Series D Preferred Stock at a conversion price per share of $11.30602.