Filing Details

Accession Number:
0001181431-10-062287
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-12-16 17:55:47
Reporting Period:
2010-12-14
Filing Date:
2010-12-16
Accepted Time:
2010-12-16 17:55:47
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 Insider Title Director Officer Large Shareholder Other
1110780 Carl Goldfischer C/O Bay City Capital Llc
750 Battery Street, Suite 400
San Francisco CA 94111
Yes 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
Common Stock Acquisiton 2010-12-14 1,664,130 $1.74 2,386,980 No 4 P Indirect See below
Common Stock Acquisiton 2010-12-14 35,870 $1.74 51,451 No 4 P Indirect See below
Common Stock Acquisiton 2010-12-14 1,591,707 $0.00 3,978,687 No 4 C Indirect See below
Common Stock Acquisiton 2010-12-14 34,309 $0.00 85,760 No 4 C Indirect See below
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect See below
No 4 P Indirect See below
No 4 C Indirect See below
No 4 C Indirect See below
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Series A Preferred Stock Disposition 2010-12-14 1,591,707 $0.00 1,591,707 $0.00
Common Stock Series A Preferred Stock Disposition 2010-12-14 34,309 $0.00 34,309 $0.00
Common Stock Common Stock Warrant Acquisiton 2010-12-14 1,664,130 $0.01 1,664,130 $2.19
Common Stock Common Stock Warrant Acquisiton 2010-12-14 35,870 $0.01 35,870 $2.19
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 No 4 C Indirect
0 No 4 C Indirect
3,399,358 2011-06-13 2016-06-13 No 4 P Indirect
73,273 2011-06-13 2016-06-13 No 4 P Indirect
Footnotes
  1. The Series A Preferred Stock converted into EnteroMedics Inc. common stock on a 1 for 1 basis and had no expiration date.
  2. Represent shares held by Bay City Capital Fund IV, L.P. ("Fund IV"), including the shares held by Dr. Goldfischer; and indirect interests of Bay City Capital LLC ("BCC"), the manager of Bay City Capital Management IV LLC ("Management IV"), and Management IV, the general partner of Fund IV. Dr. Goldfischer is Managing Director of BCC. Dr. Goldfischer, BCC and Management IV each disclaims beneficial ownership is such shares, except to the extent of their pecuniary interest therein.
  3. Represent shares held by Bay City Capital Fund IV Co-Investment Fund, L.P. ("Co-Investment IV"), including the shares held by Dr. Goldfischer; and indirect interests of BCC, the manager of Management IV, and Management IV, the general partner of Co-Investment IV. Dr. Goldfischer, BCC and Management IV each disclaims beneficial ownership in such shares, except to the extent of their pecuniary interest therein.