David A. Jenkins - 09 Jan 2023 Form 4 Insider Report for Ra Medical Systems, Inc. (VTAK)

Signature
/s/ Will McGuire, as Attorney-in-Fact
Issuer symbol
VTAK
Transactions as of
09 Jan 2023
Net transactions value
$0
Form type
4
Filing time
11 Jan 2023, 16:20:41 UTC
Previous filing
17 Oct 2022
Next filing
27 Mar 2023

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 RMED Series X Convertible Preferred Stock Award +2,570 2,570 09 Jan 2023 Common Stock 2,569,936 Direct F1, F2, F3
transaction RMED Series X Convertible Preferred Stock Award +21 21 09 Jan 2023 Common Stock 20,955 See footnote F1, F2, F3, F4
transaction RMED Series X Convertible Preferred Stock Award +6,570 6,570 09 Jan 2023 Common Stock 6,570,243 See footnote F1, F2, F3, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Following stockholder approval of the conversion of Series X Convertible Preferred Stock into shares of Common Stock, each share of Series X Convertible Preferred Stock automatically converts into 1,000 shares of Common Stock, subject to certain limitations.
F2 On January 9, 2023, the Issuer, completed its acquisition of Catheter Precision, Inc., a privately-held Delaware corporation ("Catheter"), pursuant to an Amended and Restated Agreement and Plan of Merger (the "Merger"). In connection with the Merger, each share of Catheter common stock previously outstanding held by the reporting person now represents a number of shares of Series X Convertible Preferred Stock equal to approximately 0.6697, divided by one thousand (1,000).
F3 Series X Convertible Preferred Stock has no expiration date
F4 Shares held by charitable remainder unitrust of which the reporting person's spouse is the trustee.
F5 Shares held by a partnership of which the reporting person is the managing member of the managing partner.