Novo Holdings A/S - 26 Oct 2021 Form 4 Insider Report for MINERVA SURGICAL INC

Reporting relationship: 10%+ Owner
Issuer ticker: N/A
Reported as of: 26 Oct 2021
Net transaction value: +$1,409,940
SEC form: 4
Accepted by SEC: 27 Oct 2021, 16:31:14 UTC
Prior SEC filing: 21 Oct 2021
Next SEC filing: 04 Nov 2021
Source filing: View source filing
Reporting owner signature: /s/ Barbara Fiorini Due, General Counsel of Novo Holdings A/S

Key filing fact

Novo Holdings A/S filed Form 4 for MINERVA SURGICAL INC on 27 Oct 2021.

Key facts

This page summarizes Novo Holdings A/S's Form 4 filing for MINERVA SURGICAL INC.
5 reported transactions and 2 derivative rows are listed below.
Accepted by SEC: 27 Oct 2021, 16:31.

Change

Previous filing in this sequence was filed on 21 Oct 2021.
Current net transaction value: +$1,409,940.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

UTRS transaction

COMMON STOCK

Conversion of derivative security

Transaction value
Shares: +884,484
Change %
Price
Shares after: 884,484
Date: 26 Oct 2021
Ownership: Direct
Footnotes: F1

UTRS transaction

COMMON STOCK

Conversion of derivative security

Transaction value
Shares: +592,648
Change %: +67%
Price
Shares after: 1,477,132
Date: 26 Oct 2021
Ownership: Direct
Footnotes: F2

UTRS transaction

COMMON STOCK

Purchase

Transaction value: $6,960,000
Shares: +580,000
Change %: +39%
Price: $12.00
Shares after: 2,057,132
Date: 26 Oct 2021
Ownership: Direct
Footnotes: F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

UTRS transaction Derivative

SERIES D REDEEMABLE CONVERTIBLE PREFERRED STOCK

Conversion of derivative security

Transaction value
Shares: -884,484
Change %: -100%
Price
Shares after: 0
Date: 26 Oct 2021
Ownership: Direct
Underlying class: COMMON STOCK
Underlying amount: 884,484
Exercise price
Footnotes: F1

UTRS transaction Derivative

SUBORDINATED SECURED CONVERTIBLE PROMISSORY NOTES

Conversion of derivative security

Transaction value: $5,550,060
Shares
Change %
Price
Shares after: 0
Date: 26 Oct 2021
Ownership: Direct
Underlying class: COMMON STOCK
Underlying amount: 592,648
Exercise price
Footnotes: F2

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Novo Holdings A/S is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 3 footnotes

Footnote F1

The Series D Redeemable Convertible Preferred Stock converted into common stock on a 1-for-1 basis into the number of shares of common stock as shown in Column 7, which gives effect to the issuer's reverse stock split effected October 14, 2021, automatically upon the closing of the Issuer's initial public offering ("IPO") without payment of further consideration. These shares have no expiration date.

Footnote F2

The Subordinated Secured Convertible Promissory Notes converted into preferred stock, which converts into common stock on a 1-for-1 basis into the number of shares of common stock as shown in Column 7, which gives effect to the issuer's reverse stock split effected October 14, 2021, automatically upon the closing of the Issuer's IPO without payment of further consideration. The notes have a maturity date of June 30, 2023.

Footnote F3

Represents a purchase from the underwriters in the Issuer's IPO.