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Filing Details

Accession Number:: 0001209191-11-049085
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2011-09-26 19:52:27
Reporting Period:: 2011-09-23

Filing Date:: 2011-09-26
Accepted Time:: 2011-09-26 19:52:27
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1371217	Enteromedics Inc	ETRM	Electromedical & Electrotherapeutic Apparatus (3845)	000000000

Insiders

Cik	Name	Reported Address	Director	Officer	Large Shareholder	Other
1132859	Kevin Douglas	125 E. Sir Francis Drake Blvd., Ste 400 Larkspur CA 94939	No	No	Yes	Yes
1268474	Trust Family Douglas	125 E. Sir Francis Drake Blvd., Ste 400 Larkspur CA 94939	No	No	Yes	Yes
1268475	Trust Descendants Irrevocable Douglas Jean & James	125 E. Sir Francis Drake Blvd., Ste 400 Larkspur CA 94939	No	No	Yes	Yes
1348445	Michelle Douglas	125 E. Sir Francis Drake Blvd., Ste 400 Larkspur CA 94939	No	No	Yes	Yes
1518639	Vi Trust Annuity 2010 Mmd	125 E. Sir Francis Drake Blvd., Ste 400 Larkspur CA 94939	No	No	Yes	Yes
1518640	Vi Trust Annuity 2010 Kgd	125 E. Sir Francis Drake Blvd., Ste 400 Larkspur CA 94939	No	No	Yes	Yes

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2011-09-23	435,000	$1.65	990,000	No	4	P	Direct
Common Stock	Acquisiton	2011-09-23	725,000	$1.65	1,725,000	No	4	P	Indirect	By James Douglas and Jean Douglas Irrevocable Descendants' Trust
Common Stock	Acquisiton	2011-09-23	290,000	$1.65	780,000	No	4	P	Indirect	By Douglas Family Trust

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Direct
No	4	P	Indirect	By James Douglas and Jean Douglas Irrevocable Descendants' Trust
No	4	P	Indirect	By Douglas Family Trust

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Warrant (right to buy)	Acquisiton	2011-09-23	87,000	$0.00	87,000	$1.90
Common Stock	Warrant (right to buy)	Acquisiton	2011-09-23	145,000	$0.00	145,000	$1.90
Common Stock	Warrant (right to buy)	Acquisiton	2011-09-23	58,000	$0.00	58,000	$1.90

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
87,000	2011-09-23	2016-09-23	No	4	P	Direct
145,000	2011-09-23	2016-09-23	No	4	P	Indirect
58,000	2011-09-23	2016-09-23	No	4	P	Indirect

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	127,500	Indirect	By KGD 2010 Annuity Trust VI
Common Stock	127,500	Indirect	By MMD 2010 Annuity Trust VI

Footnotes

Purchase price of $1.65 represents price for a unit consisting of 1 share of common stock and a warrant to purchase 0.2 of a share of common stock at an exercise price equal to $1.90 per share.
These shares are held directly and jointly by Kevin Douglas and Michelle Douglas.
Each of the reporting persons hereunder (individually, a "Reporting Person" and collectively the "Reporting Persons") may be deemed a member of a "group" within the meaning of Section 13(d)(3) of the Securities and Exchange Act of 1934, as amended (the "Exchange Act") or Rule 13d-5 promulgated under the Exchange Act, with one or more of the other Reporting Persons. Although the Reporting Persons are reporting such securities as if they were members of a "group", the filing of this Form 4 shall not be deemed an admission by any Reporting Person that such Reporting Person is a beneficial owner of any securities other than those directly held by such Reporting Person.
These shares are held directly by the James Douglas and Jean Douglas Irrevocable Descendants' Trust and indirectly by Kevin Douglas and Michelle Douglas. Kevin Douglas and Michelle Douglas, husband and wife, are each a co-trustee of the James Douglas and Jean Douglas Irrevocable Descendants' Trust.
These shares are held directly by the Douglas Family Trust and indirectly by Kevin Douglas. James E. Douglas, Jr. and Jean A. Douglas, husband and wife, are each a co-trustee of the Douglas Family Trust.
These shares are held directly by the KGD 2010 Annuity Trust, a grantor-retained annuity trust of which Kevin Douglas is the sole trustee, and indirectly by Kevin Douglas.
These shares are held directly by the MMD 2010 Annuity Trust, a grantor-retained annuity trust of which Michelle Douglas is the sole trustee, and indirectly by Michelle Douglas and Kevin Douglas.