Northpond Capital GP, LLC - 12 Oct 2021 Form 4 Insider Report for IsoPlexis Corp

Reporting relationship: 10%+ Owner
Issuer ticker: N/A
Reported as of: 12 Oct 2021
Net transaction value: +$15,000,000
SEC form: 4
Accepted by SEC: 14 Oct 2021, 16:24:44 UTC
Prior SEC filing: 07 Oct 2021
Source filing: View source filing
Reporting owner signature: Northpond Capital GP, LLC, By: /s/ Patrick Smerkers, Senior Vice President, Finance and Operations

Key filing fact

Northpond Capital GP, LLC filed Form 4 for IsoPlexis Corp on 14 Oct 2021.

Key facts

This page summarizes Northpond Capital GP, LLC's Form 4 filing for IsoPlexis Corp.
7 reported transactions and 4 derivative rows are listed below.
Accepted by SEC: 14 Oct 2021, 16:24.

Change

Previous filing in this sequence was filed on 07 Oct 2021.
Current net transaction value: +$15,000,000.

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.

ISO transaction

Common Stock

Conversion of derivative security

Transaction value
Shares: +6,304,192
Change %: +1489%
Price
Shares after: 6,727,570
Date: 12 Oct 2021
Ownership: See footnote
Footnotes: F1, F2, F3

ISO transaction

Common Stock

Conversion of derivative security

Transaction value
Shares: +1,040,048
Change %: +2542%
Price
Shares after: 1,080,961
Date: 12 Oct 2021
Ownership: See footnote
Footnotes: F1, F4, F5

ISO transaction

Common Stock

Purchase

Transaction value: $15,000,000
Shares: +1,000,000
Change %: +93%
Price: $15.00^*
Shares after: 2,080,961
Date: 12 Oct 2021
Ownership: See footnote
Footnotes: F5

Reported derivative securities

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

ISO transaction Derivative

Series C Redeemable Convertible Preferred Stock

Conversion of derivative security

Transaction value: $0
Shares: -287,785
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 12 Oct 2021
Ownership: See footnote
Underlying class: Common Stock
Underlying amount: 2,302,280
Exercise price
Footnotes: F1, F3

ISO transaction Derivative

Series C-2 Redeemable Convertible Preferred Stock

Conversion of derivative security

Transaction value: $0
Shares: -309,131
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 12 Oct 2021
Ownership: See footnote
Underlying class: Common Stock
Underlying amount: 2,473,048
Exercise price
Footnotes: F1, F3

ISO transaction Derivative

Series D Redeemable Convertible Preferred Stock

Conversion of derivative security

Transaction value: $0
Shares: -191,108
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 12 Oct 2021
Ownership: See footnote
Underlying class: Common Stock
Underlying amount: 1,528,864
Exercise price
Footnotes: F1, F3

ISO transaction Derivative

Series D Redeemable Convertible Preferred Stock

Conversion of derivative security

Transaction value: $0
Shares: -130,006
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 12 Oct 2021
Ownership: See footnote
Underlying class: Common Stock
Underlying amount: 1,040,048
Exercise price
Footnotes: F1, F5

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

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

Each share of the Series C Redeemable Convertible Preferred Stock, Series C-2 Redeemable Convertible Preferred Stock and Series D Redeemable Convertible Preferred Stock automatically converted on a one-for-8 basis into Common Stock upon the consummation of the Issuer's initial public offering. The preferred stock had no expiration date.

Footnote F2

Includes 423,378 shares of Common Stock issued per dividends accrued to but not including October 12, 2021.

Footnote F3

The securities are held directly by Northpond Ventures, LP ("Northpond"). Northpond Ventures GP, LLC ("Northpond GP") is the general partner of Northpond. Michael P. Rubin ("Rubin") is the managing member of Northpond GP.

Footnote F4

Includes 40,913 shares of Common Stock issued per dividends accrued to but not including October 12, 2021.

Footnote F5

The securities are held directly by Northpond Capital, LP ("Northpond Capital"). Northpond Capital GP, LLC ("Northpond Capital GP") is the general partner of Northpond Capital. Rubin is the managing member of Northpond Capital GP.