Filing Details
- Accession Number:
- 0001494650-20-000159
- Form Type:
- 4/A
- Zero Holdings:
- No
- Publication Time:
- 2020-12-08 16:35:41
- Reporting Period:
- 2020-11-23
- Accepted Time:
- 2020-12-08 16:35:41
- Original Submission Date:
- 2020-11-26
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1494650 | Optinose Inc. | OPTN | Pharmaceutical Preparations (2834) | 421771610 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1718725 | A Ramy Mahmoud | C/O Optinose, Inc. 1020 Stony Hill Road, Suite 300 Yardley PA 19067 | President And Coo | 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 | 2020-11-23 | 130,995 | $1.63 | 199,977 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2020-11-23 | 41,214 | $4.50 | 158,763 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2020-11-23 | 43,651 | $4.50 | 115,112 | No | 4 | F | Direct | |
| Common Stock | Acquisiton | 2020-11-23 | 43,629 | $1.63 | 48,112 | No | 4 | M | Indirect | By: The Ramy Mahmoud 2014 Trust for Cynthia Mahmoud |
| Common Stock | Disposition | 2020-11-23 | 13,746 | $4.50 | 34,366 | No | 4 | S | Indirect | By: The Ramy Mahmoud 2014 Trust for Cynthia Mahmoud |
| Common Stock | Disposition | 2020-11-23 | 13,598 | $4.50 | 20,768 | No | 4 | F | Indirect | By: The Ramy Mahmoud 2014 Trust for Cynthia Mahmoud |
| Common Stock | Acquisiton | 2020-11-24 | 37,466 | $1.63 | 152,578 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2020-11-24 | 10,593 | $4.39 | 141,985 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2020-11-24 | 14,046 | $4.39 | 127,939 | No | 4 | F | Direct | |
| Common Stock | Acquisiton | 2020-11-24 | 12,496 | $1.63 | 33,264 | No | 4 | M | Indirect | By: The Ramy Mahmoud 2014 Trust for Cynthia Mahmoud |
| Common Stock | Disposition | 2020-11-24 | 3,533 | $4.39 | 29,731 | No | 4 | S | Indirect | By: The Ramy Mahmoud 2014 Trust for Cynthia Mahmoud |
| Common Stock | Disposition | 2020-11-24 | 4,684 | $4.39 | 25,047 | No | 4 | F | Indirect | By: The Ramy Mahmoud 2014 Trust for Cynthia Mahmoud |
| Common Stock | Acquisiton | 2020-11-25 | 10,467 | $1.63 | 138,406 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2020-11-25 | 2,931 | $4.32 | 135,475 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2020-11-25 | 3,987 | $4.32 | 131,488 | No | 4 | F | Direct | |
| Common Stock | Acquisiton | 2020-11-25 | 3,489 | $1.63 | 28,536 | No | 4 | M | Indirect | By: The Ramy Mahmoud 2014 Trust for Cynthia Mahmoud |
| Common Stock | Disposition | 2020-11-25 | 977 | $4.32 | 27,559 | No | 4 | S | Indirect | By: The Ramy Mahmoud 2014 Trust for Cynthia Mahmoud |
| Common Stock | Disposition | 2020-11-25 | 1,328 | $4.32 | 26,231 | No | 4 | F | Indirect | By: The Ramy Mahmoud 2014 Trust for Cynthia Mahmoud |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | F | Direct | |
| No | 4 | M | Indirect | By: The Ramy Mahmoud 2014 Trust for Cynthia Mahmoud |
| No | 4 | S | Indirect | By: The Ramy Mahmoud 2014 Trust for Cynthia Mahmoud |
| No | 4 | F | Indirect | By: The Ramy Mahmoud 2014 Trust for Cynthia Mahmoud |
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | F | Direct | |
| No | 4 | M | Indirect | By: The Ramy Mahmoud 2014 Trust for Cynthia Mahmoud |
| No | 4 | S | Indirect | By: The Ramy Mahmoud 2014 Trust for Cynthia Mahmoud |
| No | 4 | F | Indirect | By: The Ramy Mahmoud 2014 Trust for Cynthia Mahmoud |
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | F | Direct | |
| No | 4 | M | Indirect | By: The Ramy Mahmoud 2014 Trust for Cynthia Mahmoud |
| No | 4 | S | Indirect | By: The Ramy Mahmoud 2014 Trust for Cynthia Mahmoud |
| No | 4 | F | Indirect | By: The Ramy Mahmoud 2014 Trust for Cynthia Mahmoud |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Stock Option (Right to Buy) | Disposition | 2020-11-23 | 130,995 | $0.00 | 130,995 | $1.63 |
| Common Stock | Stock Option (Right to Buy) | Disposition | 2020-11-23 | 43,629 | $0.00 | 43,629 | $1.63 |
| Common Stock | Stock Option (Right to Buy) | Disposition | 2020-11-24 | 37,466 | $0.00 | 37,466 | $1.63 |
| Common Stock | Stock Option (Right to Buy) | Disposition | 2020-11-24 | 12,496 | $0.00 | 12,496 | $1.63 |
| Common Stock | Stock Option (Right to Buy) | Disposition | 2020-11-25 | 10,467 | $0.00 | 10,467 | $1.63 |
| Common Stock | Stock Option (Right to Buy) | Disposition | 2020-11-25 | 3,489 | $0.00 | 3,489 | $1.63 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 132,949 | 2021-02-11 | No | 4 | M | Direct | |
| 44,326 | 2021-02-11 | No | 4 | M | Indirect | |
| 95,483 | 2021-02-11 | No | 4 | M | Direct | |
| 31,830 | 2021-02-11 | No | 4 | M | Indirect | |
| 85,016 | 2021-02-11 | No | 4 | M | Direct | |
| 28,341 | 2021-02-11 | No | 4 | M | Indirect |
Footnotes
- Footnote No. 1 in the Form 4 originally filed on November 26, 2020 contained a clerical error regarding the number of reported options exercised, held and canceled by the Reporting Person on November 23, 2020. Footnote No. 1 is hereby corrected as follows: The reporting person previously entered into a 10b5-1 trading plan ("10b5-1 Plan") with respect to stock options granted on 2/11/11 and set to expire on 2/11/21. On November 23, 2020, 130,995 options were exercised pursuant to the terms of the 10b5-1 Plan resulting in the reporting person's receipt of 46,130 shares of common stock, the cancellation of 43,651 option shares in satisfaction of the exercise price for certain of the options and the sale of 41,214 shares to cover the payment of the exercise price for certain of the options and to cover estimated withholding taxes in connection with such exercise.
- Footnote No. 1 in the Form 4 originally filed on November 26, 2020 contained a clerical error regarding the number of reported options exercised, held and canceled by the Reporting Person on November 23, 2020. Footnote No. 1 is hereby corrected as follows: The Ramy Mahmoud 2014 Trust for Cynthia Mahmoud (the "Trust") previously entered into a 10b5-1 trading plan ("10b5-1 Plan") with respect to stock options granted on 2/11/11 and set to expire on 2/11/21. On November 23, 2020, 43,629 options were exercised pursuant to the terms of the 10b5-1 Plan resulting in the reporting person's receipt of 16,285 shares of common stock, the cancellation of 13,598 option shares in satisfaction of the exercise price for certain of the options and the sale of 13,746 shares to cover the paymen tof the exercise price for certain of the options and to cover estimated withholding taxes in connection with such exercise.
- Shares held by The Ramy Mahmoud 2014 Trust for Cynthia Mahmoud, the beneficiary of which is Dr. Mahmoud's spouse.
- The reporting person previously entered into a 10b5-1 trading plan ("10b5-1 Plan") with respect to stock options granted on 2/11/11 and set to expire on 2/11/21. On November 24, 2020, 37,466 options were exercised pursuant to the terms of the 10b5-1 Plan resulting in the reporting person's receipt of 12,827 shares of common stock, the cancellation of 14,046 option shares in satisfaction of the exercise price for such options and the sale of 10,593 shares to cover estimated withholding taxes in connection with such exercise.
- The Ramy Mahmoud 2014 Trust for Cynthia Mahmoud (the "Trust") previously entered into a 10b5-1 trading plan ("10b5-1 Plan") with respect to stock options granted on 2/11/11 and set to expire on 2/11/21. On November 24, 2020, 12,496 options were exercised pursuant to the terms of the 10b5-1 Plan resulting in the reporting person's receipt of 4,279 shares of common stock, the cancellation of 4,684 option shares in satisfaction of the exercise price for such options and the sale of 3,533 shares to cover estimated withholding taxes in connection with such exercise.
- The reporting person previously entered into a 10b5-1 trading plan ("10b5-1 Plan") with respect to stock options granted on 2/11/11 and set to expire on 2/11/21. On November 25, 2020, 10,467 options were exercised pursuant to the terms of the 10b5-1 Plan resulting in the reporting person's receipt of 3,549 shares of common stock, the cancellation of 3,987 option shares in satisfaction of the exercise price for such options and the sale of 2,931 shares to cover estimated withholding taxes in connection with such exercise.
- The Ramy Mahmoud 2014 Trust for Cynthia Mahmoud (the "Trust") previously entered into a 10b5-1 trading plan ("10b5-1 Plan") with respect to stock options granted on 2/11/11 and set to expire on 2/11/21. On November 25, 2020, 3,489 options were exercised pursuant to the terms of the 10b5-1 Plan resulting in the reporting person's receipt of 1,184 shares of common stock, the cancellation of 1,328 option shares in satisfaction of the exercise price for such options and the sale of 977 shares to cover estimated withholding taxes in connection with such exercise.
- All option shares are exercisable.
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