Filing Details

Accession Number:
0001567619-21-003193
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-02-11 19:25:44
Reporting Period:
2021-02-09
Accepted Time:
2021-02-11 19:25:44
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1601485 Angion Biomedica Corp. ANGN () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1413350 Jay Venkatesan C/O Angion Biomedica Corp.
51 Charles Lindbergh Blvd.
Uniondale NY 11553
See Remarks Yes 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 Disposition 2021-02-09 31,966 $16.00 1,037,017 No 4 F Direct
Common Stock Acquisiton 2021-02-09 165,094 $0.00 1,202,111 No 4 C Direct
Common Stock Acquisiton 2021-02-09 237,152 $6.43 1,439,263 No 4 X Direct
Common Stock Disposition 2021-02-09 159,177 $16.00 1,208,086 No 4 S Direct
Common Stock Acquisiton 2021-02-09 262 $11.57 1,280,348 No 4 C Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 F Direct
No 4 C Direct
No 4 X Direct
No 4 S Direct
No 4 C Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Series C Cumulative Convertible Preferred Disposition 2021-02-09 1,804 $0.00 1,804 $0.00
Common Stock Warrant to Purchase Common Stock Disposition 2021-02-09 237,152 $0.00 237,152 $6.43
Common Stock Convertible Promissory Note Disposition 2021-02-09 0 $0.00 0 $16.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 No 4 C Direct
0 2028-07-05 No 4 X Direct
0 No 4 C Direct
Footnotes
  1. The shares were withheld to satisfy tax or other government withholding obligations in connection with the vesting of Restricted Stock Units ("RSUs").
  2. Includes 246,299 RSUs. The Reporting Person is entitled to receive one (1) share of common stock for each one (1) RSU upon the vesting thereof.
  3. Each share of the issuer's Series C Preferred Stock automatically converted into 91.52 shares of the issuer's Common Stock immediately prior to the consummation of the issuer's IPO and had no expiration date.
  4. On February 9, 2021 the Reporting Person exercised a warrant to purchase an aggregate of 396,328 shares of the Issuer's common stock for $16.00 a share, which represents the Issuer's IPO price. In connection with the automatic net exercise of the warrant immediately prior to the closing of the Issuer's IPO, the Issuer withheld 159,177 of the warrant shares to pay the exercise price and issued the remaining 237,152 shares of common stock to Reporting Person.
  5. The convertible promissory note converted immediately prior to the consummation of the IPO into Common Stock.
  6. The convertible promissory note ("Convertible Note") had a maturity date of August 14, 2021 and the principal amount of the Convertible Note converted upon the closing of the IPO into Common Shares at a conversion price equal to $18.00 per Common Share.