Filing Details

Accession Number:
0001179110-14-013292
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-08-26 16:34:32
Reporting Period:
2014-08-22
Filing Date:
2014-08-26
Accepted Time:
2014-08-26 16:34:32
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1121702 Metabolix Inc. MBLX Miscellaneous Plastics Products (3080) 043158289
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1377832 Matthew Strobeck C/O Metabolix, Inc.
21 Erie Street
Cambridge MA 02139
Yes No No 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 2014-08-22 3,800,000 $0.00 4,505,000 No 4 P Direct
Common Stock Acquisiton 2014-08-22 2,000,000 $0.00 2,000,000 No 4 P Indirect Owned by Birchview Fund LLC
Common Stock Acquisiton 2014-08-22 50,000 $0.00 50,000 No 4 P Indirect Owned as custodian
Common Stock Acquisiton 2014-08-22 50,000 $0.00 50,000 No 4 P Indirect Owned as custodian
Common Stock Acquisiton 2014-08-22 50,000 $0.00 50,000 No 4 P Indirect Owned as custodian
Common Stock Acquisiton 2014-08-22 50,000 $0.00 50,000 No 4 P Indirect Owned as custodian
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
No 4 P Indirect Owned by Birchview Fund LLC
No 4 P Indirect Owned as custodian
No 4 P Indirect Owned as custodian
No 4 P Indirect Owned as custodian
No 4 P Indirect Owned as custodian
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Series B Convertible Preferred Stock Acquisiton 2014-08-22 3,800 $0.00 3,800,000 $0.00
Common Stock Series B Convertible Preferred Stock Acquisiton 2014-08-22 2,000 $0.00 2,000,000 $0.00
Common Stock Series B Convertible Preferred Stock Acquisiton 2014-08-22 50 $0.00 50,000 $0.00
Common Stock Series B Convertible Preferred Stock Acquisiton 2014-08-22 50 $0.00 50,000 $0.00
Common Stock Series B Convertible Preferred Stock Acquisiton 2014-08-22 50 $0.00 50,000 $0.00
Common Stock Series B Convertible Preferred Stock Acquisiton 2014-08-22 50 $0.00 50,000 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
3,800 No 4 P Direct
2,000 No 4 P Indirect
50 No 4 P Indirect
50 No 4 P Indirect
50 No 4 P Indirect
50 No 4 P Indirect
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 89,695 Indirect By spouse as custodian UGMA for children
Common Stock 40,919 Indirect As trustee
Footnotes
  1. The reported securities are included within 3,800,000 units of Issuer securities (the "Units") purchased by the reporting person for $0.50 per Unit pursuant to a Securities Purchase Agreement, dated August 4, 2014 by and among the Issuer and certain other qualified institutional and individual investors (the "Purchase Agreement").
  2. The reported securities are included within 2,000,000 Units purchased by the reporting person for $0.50 per Unit pursuant to the Purchase Agreement and held by the reporting person's child. Mr. Strobeck is the sole member of Birchview Capital GP, LLC (the "GP"), the general partner of Birchview Capital, LP (the "Investment Manager"), which is the investment Manager of Birchview Fund, LLC (the "Fund") and the sole member of Birchview Partners, LLC (the "Manager"), which is a member of the Fund. Mr. Strobeck disclaims Section 16 beneficial ownership of the shares of Common Stock and Series B Convertible Preferred Stock, par value $0.01 per share (the "Series B Preferred Stock") held by the Fund (collectively, the "Fund Shares") and this report shall not be deemed an admission that such reporting person is the beneficial owner of such Fund Shares, except to the extent of his pecuniary interest, if any, in the Fund Shares by virtue of his membership interest in the GP.
  3. The reported securities are included within 50,000 Units purchased by the reporting person for $0.50 per Unit pursuant to the Purchase Agreement and held in an account for a minor child for which the reporting person serves as a custodian. The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
  4. The reported securities are included within 50,000 Units purchased by the reporting person for $0.50 per Unit pursuant to the Purchase Agreement and held in an account for a minor child for which the reporting person serves as a custodian. The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
  5. The reported securities are included within 50,000 Units purchased by the reporting person for $0.50 per Unit pursuant to the Purchase Agreement and held in an account for a minor child for which the reporting person serves as a custodian. The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
  6. The reported securities are included within 50,000 Units purchased by the reporting person for $0.50 per Unit pursuant to the Purchase Agreement and held in an account for a minor child for which the reporting person serves as a custodian. The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
  7. Each Unit consists of one share of the Issuer's common stock, par value $0.01 per share ("Common Stock") and one one-thousandth (1/1,000) of a share of the Series B Preferred Stock.
  8. The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
  9. These shares are held indirectly by a trust for the benefit of the reporting person's children. The reporting person is a trustee of the trust. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest in them.
  10. Each share of Preferred Stock will automatically convert into 1,000 shares of Common Stock upon the effectiveness of the filing of an amendment to the Issuer's charter to increase the number of shares of the Issuer's authorized Common Stock to not less than 150,000,000.