Filing Details
- Accession Number:
- 0001104659-14-057230
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2014-08-06 09:03:47
- Reporting Period:
- 2014-08-05
- Filing Date:
- 2014-08-06
- Accepted Time:
- 2014-08-06 09:03:47
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1267813 | Marinus Pharmaceuticals Inc | MRNS | Pharmaceutical Preparations (2834) | 000000000 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1327625 | P L Vii Canaan | 285 Riverside Avenue Suite 250 Westport CT 06880 | Yes | No | Yes | No | |
1514133 | Canaan Partners Vii Llc | 285 Riverside Avenue Suite 250 Westport CT 06880 | Yes | No | Yes | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock | Acquisiton | 2014-08-05 | 1,836,398 | $0.00 | 1,836,398 | No | 4 | C | Indirect | See Footnote |
Common Stock | Acquisiton | 2014-08-05 | 625,000 | $8.00 | 2,461,398 | No | 4 | P | Indirect | See Footnote |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | C | Indirect | See Footnote |
No | 4 | P | Indirect | See Footnote |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Stock | Series A Preferred Stock | Disposition | 2014-08-05 | 4,742,516 | $0.00 | 729,618 | $0.00 |
Common Stock | Series B Preferred Stock | Disposition | 2014-08-05 | 3,838,214 | $0.00 | 590,494 | $0.00 |
Common Stock | Series C Preferred Stock | Disposition | 2014-08-05 | 3,355,859 | $0.00 | 516,286 | $0.00 |
Common Stock | Warrants to Purchase Series B Preferred Stock | Disposition | 2014-08-05 | 959,553 | $10.86 | 147,624 | $0.00 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
0 | No | 4 | C | Indirect | ||
0 | No | 4 | C | Indirect | ||
0 | No | 4 | C | Indirect | ||
0 | No | 4 | J | Indirect |
Footnotes
- Upon the closing of Issuer's initial public offering on August 5, 2014, the preferred stock, which has no expiration date and convertible at any time at the option of the holder, automatically converted, at a conversion ratio of one share of Common Stock for every 6.5 shares of preferred stock, for no additional consideration.
- Shares held directly by Canaan VII L.P. (the "Canaan Fund"). Canaan Partners VII LLC ("Canaan VII" and together with the Canaan Fund, the "Canaan Entities") is the sole general partner of the Canaan Fund and each may be deemed to have sole voting, investment and dispositive power with respect to the shares held by the Canaan Fund. Canaan VII disclaims Section 16 beneficial ownership of the securities held by the Canaan Fund, except to the extent of any pecuniary interest therein. Stephen Bloch, a manager of Canaan VII, serves as the representative of the Canaan Entities on the Issuer's board of directors.
- This warrant was immediately exercisable. Upon the closing of Issuer's public offering, the warrant was cancelled automatically and for no value in accordance with its terms as it was out-of-the-money..