TPG GP A, LLC - 15 Oct 2024 Form 4 Insider Report for Ceribell, Inc. (CBLL)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
17 Oct 2024, 16:14:38 UTC
Prior SEC filing
10 Oct 2024
Next SEC filing
13 Nov 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Bradford Berenson, General Counsel, TPG GP A, LLC (7)

Key filing fact

TPG GP A, LLC filed Form 4 for Ceribell, Inc. (CBLL) on 17 Oct 2024.

Key facts

  • This page summarizes TPG GP A, LLC's Form 4 filing for Ceribell, Inc. (CBLL).
  • 4 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 17 Oct 2024, 16:14.

Change

  • Previous filing in this sequence was filed on 10 Oct 2024.
  • Current net transaction value: +$6,464,556.

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.

CBLL transaction

Common Stock

Conversion of derivative security

Transaction value
Shares
+3,587,154
Change %
Price
Shares after
3,587,154
Date
15 Oct 2024
Ownership
See Explanation of Responses
Footnotes
F1, F2, F3, F5, F6
CBLL transaction

Common Stock

Purchase

Transaction value
$6,464,556
Shares
+380,268
Change %
+11%
Price
$17.00
Shares after
3,967,422
Date
15 Oct 2024
Ownership
See Explanation of Responses
Footnotes
F1, F2, F4, F5, F6

Reported derivative securities

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

CBLL transaction Derivative

Series B Preferred Stock

Conversion of derivative security

Transaction value
Shares
-2,221,067
Change %
-100%
Price
Shares after
0
Date
15 Oct 2024
Ownership
See Explanation of Responses
Underlying class
Common Stock
Underlying amount
2,221,067
Exercise price
Footnotes
F1, F2, F3, F5, F6
CBLL transaction Derivative

Series C-1 Preferred Stock

Conversion of derivative security

Transaction value
Shares
-1,366,087
Change %
-100%
Price
Shares after
0
Date
15 Oct 2024
Ownership
See Explanation of Responses
Underlying class
Common Stock
Underlying amount
1,366,087
Exercise price
Footnotes
F1, F2, F3, F5, F6
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 6 footnotes

Footnote F1

Each of David Bonderman, James G. Coulter and Jon Winkelried own entities that control TPG GP A, LLC (together with Messrs. Bonderman, Coulter and Winkelried, the "Reporting Persons"), which is the managing member of each of (i) TPG Group Holdings (SBS) Advisors, LLC, which is the general partner of TPG Group Holdings (SBS), L.P., and (ii) Alabama Investments (Parallel) GP, LLC, which is the general partner of each of (a) Alabama Investments (Parallel), LP, (b) Alabama Investments (Parallel) Founder A, LP and (c) Alabama Investments (Parallel) Founder G, LP, which, collectively with TPG Group Holdings (SBS), L.P., Alabama Investments (Parallel), LP and Alabama Investments (Parallel) Founder A, LP, holds 100% of the shares of Class B common stock (which represents a majority of the combined voting power of the common stock) of TPG Inc.

Footnote F2

TPG Inc. is the sole member of TPG GPCo, LLC, which is the sole member of TPG Holdings II-A, LLC, which is the general partner of TPG Operating Group II, L.P., which is the sole member of TPG Holdings I-A, LLC, which is the general partner of TPG Operating Group I, L.P., which is the sole member of The Rise Fund GenPar Advisors, LLC, which is the general partner of The Rise Fund GenPar, L.P., which is the general partner of The Rise Fund Clearthought, L.P. ("TPG Rise Clearthought"), which directly holds 3,967,422 shares of Common Stock ("Common Stock") of CeriBell, Inc. (the "Issuer").

Footnote F3

Pursuant to the Amended and Restated Certificate of Incorporation of the Issuer, the 2,221,067 shares of Series B Preferred Stock and 1,366,087 shares of Series C-1 Preferred Stock (collectively, the 'Preferred Stock") of the Issuer held by TPG Rise Clearthought automatically converted into an equal number of shares of Common Stock upon consummation of the Issuer's initial public offering on October 15, 2024. The shares of Preferred Stock had been convertible at the option of the holder, at any time into shares of Common Stock at a conversion rate equal to one share of Common Stock per one share of Preferred Stock, subject to adjustment.

Footnote F4

On October 15, 2024, in connection with the Issuer's initial public offering, TPG Rise Clearthought acquired an aggregate of 380,268 shares of Common Stock at a price of $17.00 per share.

Footnote F5

Because of the relationship between the Reporting Persons and TPG Rise Clearthought, the Reporting Persons may be deemed to beneficially own the securities reported herein to the extent of the greater of their respective direct or indirect pecuniary interests in the profits or capital accounts of TPG Rise Clearthought. Each of TPG Rise Clearthought and each Reporting Person disclaims beneficial ownership of the securities reported herein, except to the extent of TPG Rise Clearthought's or such Reporting Person's pecuniary interest therein, if any.

Footnote F6

Pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), this filing shall not be deemed an admission that the Reporting Persons are, for purposes of Section 16 of the Exchange Act or otherwise, the beneficial owners of any equity securities in excess of their respective pecuniary interests.

SEC remarks

(7) The Reporting Persons are jointly filing this Form 4 pursuant to Rule 16a-3(j) under the Exchange Act. (8) Gerald Neugebauer is signing on behalf of Messrs. Bonderman, Coulter and Winkelried pursuant to authorization and designation letters dated January 10, 2024, which were previously filed with the Securities and Exchange Commission.

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