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Filing Details

Accession Number:: 0001391289-10-000004
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2010-10-21 16:45:31
Reporting Period:: 2010-10-19

Filing Date:: 2010-10-21
Accepted Time:: 2010-10-21 16:45:31
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1024520	World Heart Corp	WHRT	Electromedical & Electrotherapeutic Apparatus (3845)	000000000

Insiders

Cik	Name	Reported Address	Director	Officer	Large Shareholder	Other
1391289	Venrock Associates V Lp	C/O Venrock 3340 Hillview Avenue Palo Alto CA 94304	No	No	Yes	No
1395760	P L V Partners Venrock	C/O Venrock 3340 Hillview Avenue Palo Alto CA 94304	No	No	Yes	No
1444112	Vef Management V, Llc	C/O Venrock 3340 Hillview Avenue Palo Alto CA 94304	No	No	Yes	No
1444114	Venrock Entrepreneurs Fund V, L.p.	C/O Venrock 3340 Hillview Avenue Palo Alto CA 94304	No	No	Yes	No
1444116	Venrock Management V, Llc	C/O Venrock 3340 Hillview Avenue Palo Alto CA 94304	No	No	Yes	No
1444117	Venrock Partners Management V, Llc	C/O Venrock 3340 Hillview Avenue Palo Alto CA 94304	No	No	Yes	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2010-10-19	2,107,728	$2.14	6,162,744	No	4	P	Indirect	By Fund

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Indirect	By Fund

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Common Stock Warrant (right to buy)	Acquisiton	2010-10-19	2,107,728	$2.14	2,107,728	$2.31

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
2,107,728	2010-10-19	2015-10-19	No	4	P	Indirect

Footnotes

Represents an aggregate of (a) 1,901,803 shares of common stock purchased by Venrock Associates V, L.P., (b) 44,684 shares of common stock purchased by Venrock Entrepreneurs Fund V, L.P. and (c) 161,241 shares of common stock purchased by Venrock Partners V, L.P. pursuant to that certain Securities Purchase Agreement dated as of October 13, 2010, by and among World Heart Corporation and the investors named therein (the "Purchase Agreement").
Represents the per unit purchase price under the Purchase Agreement of a share of common stock and a five-year warrant to purchase one share of common stock.
Represents an aggregate of (a) 5,560,644 shares of common stock held by Venrock Associates V, L.P., (b) 130,650 shares of common stock held by Venrock Entrepreneurs Fund V, L.P. and (c) 471,450 shares of common stock held by Venrock Partners V, L.P.
Filed by Venrock Associates V, L.P., Venrock Entrepreneurs Fund V, L.P. and Venrock Partners V, L.P. (collectively, the "Venrock Entities") and the general partner of each Venrock Entity, respectively, Venrock Management V, LLC, VEF Management V, LLC and Venrock Partners Management V, LLC (collectively, the "Venrock GPs"). As the general partners of the respective Venrock Entities, the Venrock GPs may be deemed to own beneficially all of the shares of common stock and warrants owned by the Venrock Entities. Each Venrock GP disclaims beneficial ownership of these securities owned by the Venrock Entities except to the extent of their indirect pro-rata pecuniary interest therein.
Represents an aggregate of five-year warrants purchased pursuant to the Purchase Agreement by (a) Venrock Associates V, L.P., exercisable to purchase up to 1,901,803 shares of common stock, (b) Venrock Entrepreneurs Fund V, L.P., exercisable to purchase up to 44,684 shares of common stock, and (c) Venrock Partners V, L.P., exercisable to purchase up to 161,241 shares of common stock.