Antal Rohit Desai - 14 Sep 2021 Form 3 Insider Report for PROCEPT BioRobotics Corp (PRCT)

Role
Director
Signature
/s/ Alaleh Nouri, Attorney-in-Fact for Antal Desai
Issuer symbol
PRCT
Transactions as of
14 Sep 2021
Net transactions value
$0
Form type
3
Filing time
14 Sep 2021, 19:19:24 UTC
Next filing
21 Sep 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding PRCT Common Stock 697,752 14 Sep 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 C Convertible Preferred Stock 14 Sep 2021 Common Stock 35,220 Direct F2
holding PRCT Series E Convertible Preferred Stock 14 Sep 2021 Common Stock 7,284 Direct F2
holding PRCT Series F Convertible Preferred Stock 14 Sep 2021 Common Stock 7,468 Direct F2
holding PRCT Series G Convertible Preferred Stock 14 Sep 2021 Common Stock 2,668 Direct F2
holding PRCT Stock Option (Right to Buy) 14 Sep 2021 Common Stock 26,749 $1.33 Direct F3
holding PRCT Stock Option (Right to Buy) 14 Sep 2021 Common Stock 26,315 $4.51 Direct F4
holding PRCT Series D Convertible Preferred Stock 14 Sep 2021 Common Stock 39,164 By The 2:22 DNA Trust F2
holding PRCT Series E Convertible Preferred Stock 14 Sep 2021 Common Stock 9,104 By The 2:22 DNA Trust F2
holding PRCT Series G Convertible Preferred Stock 14 Sep 2021 Common Stock 1,249 By The 2:22 DNA Trust F2
holding PRCT Series D Convertible Preferred Stock 14 Sep 2021 Common Stock 4,712,969 By White Tailed Ptarmigan, LP F1, F2
holding PRCT Series E Convertible Preferred Stock 14 Sep 2021 Common Stock 3,038,934 By White Tailed Ptarmigan, LP F1, F2
holding PRCT Series F Convertible Preferred Stock 14 Sep 2021 Common Stock 2,060,802 By White Tailed Ptarmigan, LP F1, F2
holding PRCT Series G Convertible Preferred Stock 14 Sep 2021 Common Stock 272,205 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 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. Mr. Desai, Jr. disclaims beneficial ownership of the shares beneficially owned by White Tailed Ptarmigan, LP except to the extent of any pecuniary interest therein.
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.
F3 The option is fully vested and exercisable.
F4 The Stock option was granted on April 26, 2018 and vests on each monthly anniversary of the grant date over a 4 year period, subject continued employment or service to the Issuer through the applicable vesting date.

Remarks:

Exhibit List: Exhibit 24 - Power of Attorney