Filing Details

Accession Number:
0001209191-11-042515
Form Type:
4
Zero Holdings:
No
Publication Time:
2011-08-04 17:35:14
Reporting Period:
2011-08-02
Filing Date:
2011-08-04
Accepted Time:
2011-08-04 17:35:14
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1492426 Horizon Pharma Inc. HZNP Pharmaceutical Preparations (2834) 272179987
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1279735 C Louis Bock C/o Scale Venture Management Ii, Llc
950 Tower Lane, Suite 700
Foster City CA 94404
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 2011-08-02 1,370,070 $0.00 1,370,070 No 4 C Indirect See FN
Common Stock Acquisiton 2011-08-02 171,626 $0.00 1,541,696 No 4 C Indirect See FN
Common Stock Acquisiton 2011-08-02 346,823 $9.00 1,888,519 No 4 C Indirect See FN
Common Stock Acquisiton 2011-08-02 315,946 $9.00 2,204,465 No 4 P Indirect See FN
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 C Indirect See FN
No 4 C Indirect See FN
No 4 C Indirect See FN
No 4 P Indirect See FN
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Series A Convertible Preferred Stock Disposition 2011-08-02 3,252,547 $0.00 1,370,070 $0.00
Common Stock Series B Convertible Preferred Stock Disposition 2011-08-02 407,440 $0.00 171,626 $0.00
Common Stock Convertible Promissory Notes Disposition 2011-08-02 0 $0.00 346,823 $9.00
Series A Preferred Stock Warrant to Purchase Series A Preferred Stock Disposition 2011-08-02 69,451 $0.00 69,451 $5.20
Series A Preferred Stock Warrant to Purchase Series A Preferred Stock Disposition 2011-08-02 34,726 $0.00 34,726 $5.20
Series A Preferred Stock Warrant to Purchase Series A Preferred Stock Disposition 2011-08-02 43,409 $0.00 43,409 $5.20
Common Stock Warrant to Purchase Common Stock Acquisiton 2011-08-02 29,254 $0.00 29,254 $12.35
Common Stock Warrant to Purchase Common Stock Acquisiton 2011-08-02 14,627 $0.00 14,627 $12.35
Common Stock Warrant to Purchase Common Stock Acquisiton 2011-08-02 18,285 $0.00 18,285 $12.35
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
0 No 4 C Indirect
0 2015-10-31 No 4 C Indirect
0 2016-07-02 No 4 C Indirect
0 2016-09-25 No 4 C Indirect
29,254 2015-10-31 No 4 C Indirect
14,627 2016-07-02 No 4 C Indirect
18,285 2016-09-25 No 4 C Indirect
Footnotes
  1. Automatic conversion, in connection with the Issuer's initial public offering, of preferred sock into shares of common stock. Every 2.374 shares of preferred stock converted into one share of common stock upon the closing of the Issuer's initial public offering.
  2. The securities are held directly by Scale Venture Partners II, LP ("Scale Partners"). The General Partner of Scale Partners is Scale Venture Management II, LLC ("Scale Management"). The reporting person is a member of Scale Management. The managing members of Scale Management share voting and investment power with respect to these shares. Each of the managing members of Scale Management disclaims beneficial ownership with respect to these securities except to the extent of his or her respective proportinate pecuniary interest therein.
  3. Represents shares acquired upon conversion, in connection with the Issuer's initial public offering, of convertible promissory notes.
  4. These securities are preferred stock of the Issuer and did not have an expiration date. Prior to the Issuer's initial public offering of common stock, the securities were convertible at any time at the election of the holder. The securities automatically converted into shares of common stock upon the closing of the issuer's initial public offering of common stock.
  5. Principal and accrued interest converted upon the Issuer's initial public offering of common stock, into shares of common stock.
  6. Automatic conversion, in connection with the Issuer's initial public offering, of warrants to purchase Series A Preferred Stock into warrants to purchase Common Stock. The warrants converted at a rate of 2.374 shares of Series A Preferred Stock to 1 share of Common Stock.
  7. The warrants are immediately exercisable and shall terminate on the earlier of the expiration date referenced herein or the occurence of other specified corporate transactions.