CPMG Inc - Sep 14, 2021 Form 3 Insider Report for PROCEPT BioRobotics Corp (PRCT)

Role
10%+ Owner
Signature
/s/ John Bateman, as Attorney-in-Fact for CPMG, Inc.
Stock symbol
PRCT
Transactions as of
Sep 14, 2021
Transactions value $
$0
Form type
3
Date filed
9/14/2021, 07:12 PM
Next filing
Sep 21, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding PRCT Common Stock 698K Sep 14, 2021 By White Tailed Ptarmigan, LP 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
holding PRCT Series D Convertible Preferred Stock Sep 14, 2021 Common Stock 4.71M By White Tailed Ptarmigan, LP F1, F2
holding PRCT Series E Convertible Preferred Stock Sep 14, 2021 Common Stock 3.04M By White Tailed Ptarmigan, LP F1, F2
holding PRCT Series F Convertible Preferred Stock Sep 14, 2021 Common Stock 2.06M By White Tailed Ptarmigan, LP F1, F2
holding PRCT Series G Convertible Preferred Stock Sep 14, 2021 Common Stock 272K By White Tailed Ptarmigan, LP F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 CPMG, Inc. is the general partner of White Tailed Ptarmigan, LP and has voting and investment control over the shares beneficially owned by White Tailed Ptarmigan, LP. Antal Desai, a member of our board of directors and a Partner of CPMG, Inc., along with Kent McGaughy, Jr., the sole shareholder and managing director of CPMG, Inc., may be deemed to share voting and investment power with respect to the shares beneficially owned by White Tailed Ptarmigan, LP. Each of Mr. Desai and Mr. McGaughy, Jr. disclaims beneficial ownership of the shares beneficially owned by White Tailed Ptarmigan, LP except to the extent of any pecuniary interest therein. Antal Desai is separately reporting his deemed indirect ownership of the shares held by White Tailed Ptarmigan, LP.
F2 Each share of Series A Preferred Stock, Series B Preferred Stock, Series C Preferred Stock, Series D Preferred Stock, Series E Preferred Stock, Series F Preferred Stock and Series G Preferred Stock (collectively, the "Preferred Stock") will convert automatically into one share of Common Stock upon the closing of the Issuer's initial public offering. These shares have no expiration date.