| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | TCON | Common Stock, par value $0.01 per share | Exercise of in-the-money or at-the-money derivative security | $2.22K | +222K | +5.85% | $0.01* | 4.01M | Dec 6, 2022 | By Opaleye, L.P. | F3 |
| transaction | TCON | Common Stock, par value $0.01 per share | Sale | -$2.22K | -1.54K | -0.04% | $1.44 | 4.01M | Dec 6, 2022 | By Opaleye, L.P. | F1, F2, F3 |
| holding | TCON | Common Stock, par value $0.01 per share | 4.13M | Dec 6, 2022 | By Managed Account | F4 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | TCON | Prefunded Warrants | Exercise of in-the-money or at-the-money derivative security | -$2.22K | -222K | -11.72% | $0.01* | 1.67M | Dec 6, 2022 | Common Stock | 222K | $0.01 | By Opaleye, L.P. | F3, F5 |
| holding | TCON | Prefunded Warrants | 1.36M | Dec 6, 2022 | Common Stock | 1.36M | $0.01 | By Opaleye, L.P. | F3, F4, F5 | |||||
| holding | TCON | Prefunded Warrants | 2.21M | Dec 6, 2022 | Common Stock | 2.21M | $0.01 | By Opaleye, L.P. | F3, F4, F5 |
| Id | Content |
|---|---|
| F1 | On December 6, 2022, the Reporting Person exercised prefunded warrants to purchase 221,539 shares of the Issuer's common stock for $0.01 a share. The Reporting Person paid the exercise price on a cashless basis, resulting in the Issuer's withholding of 1,539 of the warrant shares to pay the exercise price and issuing to the Reporting Person the remaining 220,000 shares. |
| F2 | This disposition of shares by the Reporting Persons was matchable under Section 16(b) of the Securities Exchange Act of 1934 with the purchase by the Reporting Persons of 1,539 shares purchased on June 21, 2022 at a price of $1.3127 per share. The Reporting Persons have already sent the Issuer a check in the amount of $195.92, representing the full amount of the Reporting Person's pecuniary interest in the disgorgeable profit arising from such transactions. |
| F3 | Represents securities owned directly by Opaleye, L.P. (the "Fund"). As the investment manager of the Fund, Opaleye Management Inc. may be deemed to beneficially own the securities owned directly by the Fund. |
| F4 | Securities owned by a separately managed account (the "Managed Account"). As the portfolio manager of the Managed Account, Opaleye may be deemed to beneficially own the securities owned directly by the Managed Account. |
| F5 | The warrants may not be exercised to the extent that such exercise would cause the reporting person and its affiliates to beneficially own more than 19.99% of the Issuer's then outstanding common stock. |