Filing Details
- Accession Number:
- 0000899243-20-017514
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2020-06-23 19:54:42
- Reporting Period:
- 2020-06-19
- Accepted Time:
- 2020-06-23 19:54:42
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1580063 | Progenity Inc. | PROG | () | 4 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1329344 | Harry Stylli | C/O Progenity, Inc. 4330 La Jolla Village Drive, Suite 200 San Diego CA 92122 | Chairman & Ceo | Yes | Yes | 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 | 2020-06-19 | 33,333 | $15.00 | 1,038,635 | No | 4 | P | Direct | |
| Common Stock | Acquisiton | 2020-06-23 | 13,213,254 | $0.00 | 14,251,889 | No | 4 | C | Direct | |
| Common Stock | Acquisiton | 2020-06-23 | 202,080 | $0.00 | 14,453,969 | No | 4 | C | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | P | Direct | |
| No | 4 | C | Direct | |
| No | 4 | C | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Series A Preferred Stock | Disposition | 2020-06-23 | 4,120,000 | $0.00 | 13,213,254 | $0.00 |
| Common Stock | Series B Preferred Stock | Disposition | 2020-06-23 | 1,122,222 | $0.00 | 202,080 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | No | 4 | C | Direct | ||
| 0 | No | 4 | C | Direct |
Footnotes
- On June 19, 2020, the Reporting Person purchased 33,333 shares of the Issuer's common stock at a price of $15.00 per share in the Issuer's initial public offering.
- Includes 239,074 restricted stock units.
- The Series A Preferred Stock automatically converted into shares of the Issuer's common stock on a one-for-3.207 basis immediately prior to the closing of the Issuer's initial public offering.
- The Series B Preferred Stock automatically converted into shares of the Issuer's common stock on a 0.18007-for-one basis immediately prior to the closing of the Issuer's initial public offering. The conversion rate of the Series B Preferred Stock was adjusted pursuant to the Issuer's seventh amended and restated certificate of incorporation because the public offering price per share of common stock in the Issuer's initial public offering was less than $16.68.
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