13D Filing: Aisling Capital III LP and Transenterix Inc. (TRXC)

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CUSIP No. 89366M102
SCHEDULE 13D/A
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(b)
(i) Each of Aisling, Aisling Partners and Aisling Partners GP may be deemed to have sole power to direct the voting and disposition of the 11,490,831 shares of Common Stock that may be deemed to be beneficially owned by the Reporting Persons.
Aisling Capital III, LP
Aisling Capital Partners III, LP
Aisling Capital Partners III LLC
Common
Stock
Amount beneficially owned:
11,490,831
Percent of class:
(i) Sole voting power
5.8
%
(ii) Shared voting power
0
(iii) Sole dispositive power
5.8
%
(iv) Shared dispositive power
0
(ii) By virtue of the relationships between and among the Reporting Persons described in Item 2 of this Schedule 13D, each of the Messrs. Elms, Purcell and Schiff may be deemed to share the power to direct the voting and disposition of the 11,490,831 shares of Common Stock beneficially owned by the Reporting Persons.
Steve Elms
Dennis Purcell
Andrew Schiff
Common
Stock
Amount beneficially owned:
11,490,831
Percent of class:
(i) Sole voting power
0
(ii) Shared voting power
5.8
%
(iii) Sole dispositive power
0
(iv) Shared dispositive power
5.8
%
(c) Recent Transactions.
As described in Item 3, on October 18, 2017, Aisling exercised the Series A Warrants at an exercise price of $1.00 and received 2,000,000 shares of Common Stock.  The following table describes all other the transactions in shares of Common Stock beneficially owned by the Reporting Persons acquired or sold during the past sixty days:
Trade Date
Shares Purchased/(Sold)
Price Per Share
Total Price
11/14/2017
(1,000,000)
$2.83
$2,830,400.00
11/15/2017
(650,546)
$2.55
$1,661,429.43
11/16/2017
(451,342)
$2.56
$1,154,487.70
11/17/2017
(211,162)
$2.59
$531,938.19
11/20/2017
(31,938)
$2.50
$79,998.30
The transactions described in the table above were effected in the open market through brokers.

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