Bayview Legacy, LLC - Oct 29, 2021 Form 4 Insider Report for Arteris, Inc. (AIP)

Role
10%+ Owner
Signature
/s/ K. Charles Janac
Stock symbol
AIP
Transactions as of
Oct 29, 2021
Transactions value $
$0
Form type
4
Date filed
11/2/2021, 05:15 PM
Previous filing
Oct 26, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AIP Common Stock Conversion of derivative security +336K +3.36% 10.3M Oct 29, 2021 See Footnote F1, F2

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 AIP Series A Preferred Stock Conversion of derivative security $0 -336K -50% $0.00 336K Oct 29, 2021 Common Stock 336K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Issuer's Preferred Stock will automatically convert into shares of the Issuer's Common Stock on a 1 to 1 basis for no additional consideration upon the closing of the Issuer's initial public offering. The shares have no expiration date.
F2 K. Charles Janac is the manager of Arteris IP, LLC and as such is deemed to have voting and dispositive power over the shares beneficially owned by Arteris IP, LLC.