Filing Details

Accession Number:
0001209191-18-049379
Form Type:
4
Zero Holdings:
No
Publication Time:
2018-09-04 19:43:50
Reporting Period:
2018-08-30
Accepted Time:
2018-09-04 19:43:50
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1619087 Steadymed Ltd. STDY Pharmaceutical Preparations (2834) 000000000
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1637025 Steadymed Investors, Llc C/O Steadymed Ltd.
2603 Camino Ramon, Suite 350
San Ramon CA 94583
No No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Ordinary Shares Disposition 2018-08-30 266,257 $4.46 0 No 4 S Indirect See Footnote.
Ordinary Shares Disposition 2018-08-30 2,088,258 $4.46 0 No 4 S Indirect See Footnote.
Ordinary Shares Disposition 2018-08-30 181,025 $4.46 0 No 4 S Indirect See Footnote.
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect See Footnote.
No 4 S Indirect See Footnote.
No 4 S Indirect See Footnote.
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Ordinary Shares Warrants to Purchase Ordinary Shares Disposition 2018-08-30 266,257 $0.13 266,527 $3.60
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2021-08-03 No 4 J Indirect
Footnotes
  1. Disposed of pursuant to the Agreement and Plan of Merger, dated as of April 29, 2018, by and among United Therapeutics Corporation ("United"), Daniel 24043 Acquisition Corp., a wholly-owned subsidiary of United, and the Issuer (the "Merger Agreement"). Under the Merger Agreement, at the effective time of the merger (the "Effective Time"), each outstanding ordinary share of the Issuer was converted into the right to receive (1) $4.46 in cash plus (2) one contractual contingent value right (a "CVR"), which represents the right to receive $2.63 in cash upon the achievement of a specified milestone (the "Milestone").
  2. By SteadyMed Investors III LLC, an affiliate of SteadyMed Investors, LLC.
  3. By SteadyMed Investors, LLC. KB Partners, LLC is the Managing Member and the Reporting Person is the Managing Member of KB Partners, LLC.
  4. By SteadyMed Investors II, LLC, an affiliate of SteadyMed Investors LLC.
  5. Disposed of pursuant to the Agreement and Plan of Merger, dated as of April 29, 2018, by and among United Therapeutics Corporation ("United"), Daniel 24043 Acquisition Corp., a wholly-owned subsidiary of United, and the Issuer (the "Merger Agreement"). At the Effective Time, each outstanding warrant to purchase ordinary shares of the Issuer issued in 2016 was converted into the right to receive $2.71.