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Filing Details

Accession Number:: 0001179110-15-010186
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2015-06-23 16:00:05
Reporting Period:: 2015-06-19

Filing Date:: 2015-06-23
Accepted Time:: 2015-06-23 16:00:05
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1121702	Metabolix Inc.	MBLX	Miscellaneous Plastics Products (3080)	043158289

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1377832	Matthew Strobeck	C/O Metabolix, Inc. 21 Erie Street Cambridge MA 02139		Yes	No	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2015-06-19	101,970	$3.32	1,486,136	No	4	P	Direct
Common Stock	Acquisiton	2015-06-19	43,700	$3.32	710,366	No	4	P	Indirect	Owned by Birchview Fund LLC

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Direct
No	4	P	Indirect	Owned by Birchview Fund LLC

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Common Stock Warrants	Acquisiton	2015-06-19	91,773	$0.13	91,773	$3.98
Common Stock	Common Stock Warrants	Acquisiton	2015-06-19	39,330	$0.13	39,330	$3.98

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
91,773	2015-06-29	2019-06-29	No	4	P	Direct
39,330	2015-06-19	2019-06-19	No	4	P	Indirect

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	66,664	Indirect	Owned as custodian
Common Stock	14,949	Indirect	By spouse as custodian UGMA for children
Common Stock	6,819	Indirect	As trustee

Footnotes

The reported securities are included in 101,970 units of Issuer securities (the "Units") purchased by the reporting person for $3.4325 per Unit pursuant to a Securities Purchase Agreement, dated June 15, 2015 (the "Securities Purchase Agreement") by and among the Issuer, the reporting person and certain other qualified institutional and individual investors. Each Unit consists of one share of the Issuer's Common Stock, par value $0.01 per share ("Common Stock") and and nine-tenths of a Common Stock warrant to purchase one share of Common Stock at an exercise price of $3.98 per share (subject to adjustment in the event of stock splits, stock dividends, reclassifications and the like).
The reported securities are included in 43,700 Units purchased by Birchview Fund, LLC (the "Fund") for $3.4325 per Unit pursuant to the Securities Purchase Agreement. Mr. Strobeck is the sole member of Birchview Capital GP, LLC (the "GP"), the general partner of Birchview Capital, LP (the "Investment Manager"), which is the investment Manager of the Fund) and the sole member of Birchview Partners, LLC (the "Manager"), which is a member of the Fund. Mr. Strobeck disclaims Section 16 beneficial ownership of the shares of Common Stock held by the Fund (collectively, the "Fund Shares") and this report shall not be deemed an admission that such reporting person is the beneficial owner of such Fund Shares, except to the extent of his pecuniary interest, if any, in the Fund Shares by virtue of his membership interest in the GP.
The shares of Common Stock reported herein give effect to the 1-for-6 reverse stock split which became effective in accordance with the terms of the Certificate of Amendment to the Company's Amended and Restated Certificate of Incorporation filed with the Secretary of State of Delaware on May 26, 2015.
The reported securities are held in accounts for minor children for which the reporting person serves as a custodian. The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
These shares are held indirectly by a trust for the benefit of the reporting person's children. The reporting person is a trustee of the trust. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest in them.