Filing Details
- Accession Number:
- 0001209191-18-041906
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2018-07-06 18:06:32
- Reporting Period:
- 2018-07-03
- Accepted Time:
- 2018-07-06 18:06:32
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
876378 | Transenterix Inc. | TRXC | Surgical & Medical Instruments & Apparatus (3841) | 112962080 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1246530 | P Joseph Slattery | C/O Transenterix, Inc. 635 Davis Drive, Suite 300 Morrisville NC 27560 | Evp And Cfo | No | 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 | 2018-07-03 | 166,667 | $0.00 | 166,667 | No | 4 | M | Direct | |
Common Stock | Disposition | 2018-07-03 | 58,334 | $3.84 | 108,333 | No | 4 | F | Direct | |
Common Stock | Disposition | 2018-07-03 | 2,491 | $4.01 | 105,842 | No | 4 | S | Direct | |
Common Stock | Disposition | 2018-07-03 | 11,883 | $4.00 | 93,959 | No | 4 | S | Direct | |
Common Stock | Disposition | 2018-07-05 | 37,337 | $4.00 | 56,622 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | M | Direct | |
No | 4 | F | Direct | |
No | 4 | S | Direct | |
No | 4 | S | Direct | |
No | 4 | S | Direct |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Stock | Restricted Stock Units | Disposition | 2018-07-03 | 166,667 | $0.00 | 166,667 | $0.00 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
333,333 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Common Stock | 25,000 | Indirect | By IRA |
Footnotes
- This transaction represents the payment of a tax liability on the lapse of forfeiture restrictions on a derivative security and acquisition of the underlying shares.
- The transaction occurred pursuant to a written trading plan dated November 29, 2017, meeting the requirements of Rule 10b5-1(c).
- Following the sales on July 3, 2018 and July 5, 2018, the reporting person continues to beneficially own 81,622 shares of the company's common stock. The reporting person also holds stock options to acquire 1,886,821 shares of common stock, of which approximately 27% are vested, and restricted stock units representing an additional 595,777 shares of common stock subject to forfeiture restrictions.
- Each restricted stock unit represents the right to receive one share of the Registrant's common stock.
- Forfeiture restrictions will lapse as to 1/3rd of the Restricted Stock Units on each of the first three anniversaries of the date of grant, as long as the Reporting Person remains in the employ of the Registrant. The lapse of forfeiture restrictions may accelerate on certain events as set forth in an employment agreement or the Incentive Plan.