Filing Details

Accession Number:
0001209191-16-121285
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-05-18 16:36:57
Reporting Period:
2016-05-16
Filing Date:
2016-05-18
Accepted Time:
2016-05-18 16:36:57
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1371217 Enteromedics Inc ETRM () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1224184 W Dan Gladney 2800 Patton Road
St. Paul MN 55113
Chief Executive Officer Yes Yes 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 2015-05-16 84,745 $0.72 134,745 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Stock Option (right to buy) $3.75 2016-10-28 2025-10-28 516,666 516,666 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2025-10-28 516,666 516,666 Direct
Footnotes
  1. On January 6, 2016, EnteroMedics Inc. effected a 1-for-15 reverse stock split of its issued and outstanding shares of common stock, par value $0.01 per share, resulting in a proportional decrease in the total shares of common stock beneficially owned by the reporting person. all previously reported exercise prices, option grants and similar instruments convertible into common stock were proportionally adjusted to reflect the reverse split.
  2. Vests as to 25% one year from the date of the employment agreement on the date noted and thereafter in cumulative installments of 1/36th per month.