Filing Details

Accession Number:
0001104659-16-139272
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-08-12 13:09:38
Reporting Period:
2016-08-10
Filing Date:
2016-08-12
Accepted Time:
2016-08-12 13:09:38
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1638287 Gemphire Therapeutics Inc. GEMP () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1571997 Ph.d. R. Steven Gullans 43334 Seven Mile Road
Suite 1000
Northville MI 48167
Yes No 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 Acquisiton 2016-08-10 306,025 $6.71 306,025 No 4 C Indirect Held by Excel Venture Fund II, L.P.
Common Stock Acquisiton 2016-08-10 500,000 $10.00 806,025 No 4 P Indirect Held by Excel Venture Fund II, L.P.
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 C Indirect Held by Excel Venture Fund II, L.P.
No 4 P Indirect Held by Excel Venture Fund II, L.P.
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock 8% Convertible Subordinated Promissory Note Disposition 2016-08-10 0 $0.00 306,025 $6.71
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 No 4 C Indirect
Footnotes
  1. The reporting person, as the Manager of Excel Venture Fund II, L.P., beneficially owns the reported securities indirectly, but disclaims beneficial ownership of the securities except to the extent of his pecuniary interest therein.
  2. The note was issued in the original principal amount of $2,000,000. The outstanding principal and $52,164 of accrued interest on the note automatically converted into shares of Common Stock immediately prior to the closing of the Company's initial public offering.