Kyle Dempsey - Dec 10, 2021 Form 3 Insider Report for OptiNose, Inc. (OPTN)

Role: Director
Signature: /s/ Anthony Krick, Attorney-in-Fact
Stock symbol: OPTN
Transactions as of: Dec 10, 2021
Transactions value $: $0
Form type: 3
Date filed: 12/13/2021, 09:41 AM
Next filing: Jun 9, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	OPTN	Common Stock						9.38K	Dec 10, 2021	By MVM V LP and MVM GP (No.5) LP	F1

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

Explanation of Responses:

Id	Content
F1	(1) Represents the Reporting Person's pecuniary interest in shares of the Issuer held by MVM V LP and MVM GP (No.5) LP. MVM Partners LLP ("MVM") is the acting manager of MVM V LP and MVM GP (No.5) LP. The Reporting Person is an investment manager and member of MVM. The investment and voting decisions of MVM V LP and MVM GP (No.5) LP are made jointly by three or more individuals. Based upon the Southland Corp. analysis (Southland Corp. No-Action Letter 1987 WL 108107 (August 10, 1987)), no individual director of the MVM entities exercises investment and voting control over the securities held by the MVM entities. Therefore, only the Reporting Person's pecuniary interest in the Issuer's shares held by the MVM entities is reported herein (not all shares held by the MVM entities).

Content

(1) Represents the Reporting Person's pecuniary interest in shares of the Issuer held by MVM V LP and MVM GP (No.5) LP. MVM Partners LLP ("MVM") is the acting manager of MVM V LP and MVM GP (No.5) LP. The Reporting Person is an investment manager and member of MVM. The investment and voting decisions of MVM V LP and MVM GP (No.5) LP are made jointly by three or more individuals. Based upon the Southland Corp. analysis (Southland Corp. No-Action Letter 1987 WL 108107 (August 10, 1987)), no individual director of the MVM entities exercises investment and voting control over the securities held by the MVM entities. Therefore, only the Reporting Person's pecuniary interest in the Issuer's shares held by the MVM entities is reported herein (not all shares held by the MVM entities).