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
- 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.
- 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.
- Represents shares of Common Stock issued for payment of accrued dividends on the Series A Convertible Preferred Stock.
- 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.
- 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.