Filing Details

Accession Number:
0001596771-17-000020
Form Type:
4
Zero Holdings:
No
Publication Time:
2017-03-14 17:33:07
Reporting Period:
2017-03-10
Filing Date:
2017-03-14
Accepted Time:
2017-03-14 17:33:07
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 17199 N. Laurel Park Drive
Suite 401
Livonia MI 48152
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 2017-03-10 52,798 $9.47 858,823 No 4 P Indirect Held by Excel Venture Fund II, L.P.
Equity Swap Involved Form Type Code Nature of Ownership Explanation
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 Warrant to Purchase Common Stock Acquisiton 2017-03-10 39,599 $9.47 39,599 $10.40
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
39,599 2017-03-10 2022-03-15 No 4 P Indirect
Footnotes
  1. The shares of common stock and warrants were purchased as part of a private placement pursuant to a Securities Purchase Agreement whereby the Issuer sold units consisting of one share of the Issuer's common stock and a warrant to purchase 0.75 shares of the Issuer's common stock at a per unit price of $9.47. The private placement is expected to close on March 15, 2017.
  2. 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.