Key facts
- This page summarizes CANNELL CAPITAL LLC's Form 4 filing for Neuronetics, Inc. (STIM).
- 1 reported transaction and 0 derivative rows are listed below.
- Accepted by SEC: 01 Jun 2023, 15:39.
CANNELL CAPITAL LLC - 01 Jun 2023 Form 4 Insider Report for Neuronetics, Inc. (STIM)
- Reporting relationship
- 10%+ Owner
- Issuer ticker
- STIM
- Reported as of
- 01 Jun 2023
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 01 Jun 2023, 15:39:29 UTC
- Prior SEC filing
- 20 Mar 2023
- Next SEC filing
- 12 Sep 2023
- Source filing
- View source filing
- Reporting owner signature
- Nichole Rousseau-McAllister
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
CANNELL CAPITAL LLC filed Form 4 for Neuronetics, Inc. (STIM) on 01 Jun 2023.
Change
- Previous filing in this sequence was filed on 20 Mar 2023.
- Current net transaction value: $0.
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
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
STIM
transaction
Neuronetics, Inc. Ordinary Stock
Other
- Transaction value
- Shares
- -286,596
- Change %
- -9.2%
- Price
- Shares after
- 2,841,223
- Date
- 01 Jun 2023
- Ownership
- By partnerships and separately-managed accounts
- Footnotes
- F1, F2, F3, F4, 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
There is no applicable price since this transaction is the result of a termination of an investment agreement. See footnote 5.
Footnote F2
As of June 1, 2023, Tonga Partners, LP, Tristan Partners, LP, and Tristan Offshore Fund, Ltd., and sundry separately-managed accounts advised by Cannell Capital LLC (collectively the "Cannell Investment Vehicles") owned in the aggregate 2,841,223 shares of the common stock of Neuronetics, Inc.
Footnote F3
Cannell Capital LLC acts as the general partner of and investment adviser to Tonga Partners, LP, and Tristan Partners, L.P. and as the investment adviser to the Tristan Offshore Fund, Ltd and the sundry separately-managed accounts. J. Carlo Cannell is the sole managing member of Cannell Capital LLC. As such, Mr. Cannell possesses sole power to vote and direct the disposition of all securities of Neuronetics, Inc. held by the Cannell Investment Vehicles. Thus, for the purposes of Reg. Section 240.13d-3, as of June 1, 2023, Mr. Cannell beneficially owned 2,841,223 shares. Mr. Cannell's interest in the securities reported herein is limited to the extent of his pecuniary interest in each of the Cannell Investment Vehicles, if any.
Footnote F4
The investment vehicles for which transactions are reported herein have a performance fee that does not give rise to reportable pecuniary interest pursuant to the exemption set forth in Rule 16a-1(a)(2)(ii)(C), and Mr. Cannell and Cannell Capital LLC accordingly disclaim pecuniary interest in the reported transactions in accordance with the same.
Footnote F5
Cannell Capital LLC files this Form 4 to reflect its reduced ownership as of June 1, 2023 due to the termination of an investment agreement between Cannell Capital LLC and a separately-managed account. Said account held 286,596 shares of the common stock of Neuronetics, Inc. prior to termination.