NEW ENTERPRISE ASSOCIATES 10 L P - 02 Jul 2021 Form 4 Insider Report for CVRx, Inc. (CVRX)

Reporting relationship: 10%+ Owner
Issuer ticker: CVRX
Reported as of: 02 Jul 2021
Net transaction value: +$4,059,000
SEC form: 4
Accepted by SEC: 07 Jul 2021, 16:47:06 UTC
Prior SEC filing: 29 Jun 2021
Source filing: View source filing
Reporting owner signature: /s/ Sasha Keough, attorney-in-fact

Key filing fact

NEW ENTERPRISE ASSOCIATES 10 L P filed Form 4 for CVRx, Inc. (CVRX) on 07 Jul 2021.

Key facts

This page summarizes NEW ENTERPRISE ASSOCIATES 10 L P's Form 4 filing for CVRx, Inc. (CVRX).
15 reported transactions and 7 derivative rows are listed below.
Accepted by SEC: 07 Jul 2021, 16:47.

Change

Previous filing in this sequence was filed on 29 Jun 2021.
Current net transaction value: +$4,059,000.

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.

CVRX transaction

Common Stock

Conversion of derivative security

Transaction value
Shares: +58,175
Change %
Price
Shares after: 58,175
Date: 02 Jul 2021
Ownership: Direct
Footnotes: F1

CVRX transaction

Common Stock

Conversion of derivative security

Transaction value
Shares: +57,241
Change %: +98%
Price
Shares after: 115,416
Date: 02 Jul 2021
Ownership: Direct
Footnotes: F1

CVRX transaction

Common Stock

Conversion of derivative security

Transaction value
Shares: +71,077
Change %: +62%
Price
Shares after: 186,493
Date: 02 Jul 2021
Ownership: Direct
Footnotes: F1

CVRX transaction

Common Stock

Conversion of derivative security

Transaction value
Shares: +80,178
Change %: +43%
Price
Shares after: 266,671
Date: 02 Jul 2021
Ownership: Direct
Footnotes: F1

CVRX transaction

Common Stock

Conversion of derivative security

Transaction value
Shares: +83,396
Change %: +31%
Price
Shares after: 350,067
Date: 02 Jul 2021
Ownership: Direct
Footnotes: F1

CVRX transaction

Common Stock

Conversion of derivative security

Transaction value
Shares: +253,605
Change %: +72%
Price
Shares after: 603,672
Date: 02 Jul 2021
Ownership: Direct
Footnotes: F1

CVRX transaction

Common Stock

Conversion of derivative security

Transaction value
Shares: +1,196,911
Change %: +198%
Price
Shares after: 1,800,583
Date: 02 Jul 2021
Ownership: Direct
Footnotes: F2

CVRX transaction

Common Stock

Purchase

Transaction value: $4,059,000
Shares: +225,500
Change %: +13%
Price: $18.00
Shares after: 2,026,083
Date: 02 Jul 2021
Ownership: Direct

Reported derivative securities

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

CVRX transaction Derivative

Series A-2 Preferred Stock

Conversion of derivative security

Transaction value: $0
Shares: -2,300,708
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 02 Jul 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 58,175
Exercise price
Footnotes: F1, F3

CVRX transaction Derivative

Series B-2 Preferred Stock

Conversion of derivative security

Transaction value: $0
Shares: -2,263,778
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 02 Jul 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 57,241
Exercise price
Footnotes: F1, F3

CVRX transaction Derivative

Series C-2 Preferred Stock

Conversion of derivative security

Transaction value: $0
Shares: -2,810,950
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 02 Jul 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 71,077
Exercise price
Footnotes: F1, F3

CVRX transaction Derivative

Series D-2 Preferred Stock

Conversion of derivative security

Transaction value: $0
Shares: -3,170,896
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 02 Jul 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 80,178
Exercise price
Footnotes: F1, F3

CVRX transaction Derivative

Series E-2 Preferred Stock

Conversion of derivative security

Transaction value: $0
Shares: -3,298,154
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 02 Jul 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 83,396
Exercise price
Footnotes: F1, F3

CVRX transaction Derivative

Series F-2 Preferred Stock

Conversion of derivative security

Transaction value: $0
Shares: -10,029,566
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 02 Jul 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 253,605
Exercise price
Footnotes: F1, F3

CVRX transaction Derivative

Series G Preferred Stock

Conversion of derivative security

Transaction value: $0
Shares: -18,934,168
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 02 Jul 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 1,196,911
Exercise price
Footnotes: F2, F3

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

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

Upon the closing of the Issuer's initial public offering, each share of Series A-2 Convertible Preferred Stock, Series B-2 Convertible Preferred Stock, Series C-2 Convertible Preferred Stock, Series D-2 Convertible Preferred Stock, Series E-2 Convertible Preferred Stock and Series F-2 Convertible Preferred Stock automatically converted into shares of common stock at a rate of 1-for-0.025857287.

Footnote F2

Upon the closing of the Issuer's initial public offering, each share of Series G Convertible Preferred Stock automatically converted into shares of common stock at a rate of 1-for-0.0632143218.

Footnote F3

Upon the closing of the Issuer's initial public offering, each share of preferred stock automatically converted into shares of common stock at the then-appliable conversion rate for no additional consideration (subject to the payment of cash in lieu of any fractional shares). The conversion rates reported reflect the conversion ratios under the Issuer's certificate of incorporation, adjusted to give effect to the previously effected 1-for-39.548 reverse stock split of the common stock.