Filing Details

Accession Number:
0001104659-16-139276
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-08-12 13:15:53
Reporting Period:
2016-08-10
Filing Date:
2016-08-12
Accepted Time:
2016-08-12 13:15:53
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1638287 Gemphire Therapeutics Inc. GEMP () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
939478 W Kenneth Kousky 43334 Seven Mile Road
Suite 1000
Northville MI 48167
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 2016-08-10 95,439 $0.00 95,439 No 4 C Indirect Held by BWA Gemphire Investment Group, LLC
Common Stock Acquisiton 2016-08-10 10,439 $6.71 105,878 No 4 J Indirect Held by BWA Gemphire Investment Group, LLC
Common Stock Acquisiton 2016-08-10 116,891 $6.71 116,891 No 4 C Indirect Held by BWA Gemphire Investment Group II, LLC
Common Stock Acquisiton 2016-08-10 1,000 $10.00 1,000 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 C Indirect Held by BWA Gemphire Investment Group, LLC
No 4 J Indirect Held by BWA Gemphire Investment Group, LLC
No 4 C Indirect Held by BWA Gemphire Investment Group II, LLC
No 4 P Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Series A Convertible Preferred Stock Disposition 2016-08-10 95,439 $0.00 95,439 $0.00
Common Stock 8% Convertible Subordinated Promissory Notes Disposition 2016-08-10 0 $0.00 116,891 $6.71
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
Footnotes
  1. The Series A Convertible Preferred Stock converted into shares of common stock, par value $0.001 per share (the "Common Stock"), of Gemphire Therapeutics Inc. (the "Company") on a one-for-one basis immediately prior to the closing of the Company's initial public offering and had no expiration date.
  2. Mr. Kousky, as the Manager of BWA Gemphire Investment Group, LLC ("BWA"), beneficially owns the reported securities indirectly, but disclaims beneficial ownership of the securities held by BWA except to the extent of his pecuniary interest therein.
  3. Represents shares of Common Stock issued for payment of accrued dividends on the Series A Convertible Preferred Stock.
  4. Mr. Kousky, as the Manager of BWA Gemphire Investment Group II, LLC ("BWA II"), beneficially owns the reported securities indirectly, but disclaims beneficial ownership of the securities held by BWA II except to the extent of his pecuniary interest therein.
  5. The notes were issued in the original principal amount of $746,500. The outstanding principal and $37,367 of accrued interest on the notes automatically converted into shares of Common Stock immediately prior to the closing of the Company's initial public offering.