Form 4 for LGVN Longeveron Inc.
Accepted 2023-09-12 00:00:00 ET · period of report 2023-09-08 · accession 0001214659-23-012293 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-09-12 | 2023-09-08 | LGVN | Soffer Rock | Dir | M - OptEx | $3.00 | +30.0K | 702.4K | +4% | +$90.0K |
| D | 2023-09-12 | 2023-09-08 | LGVN | Soffer Rock | Dir | M - OptEx | $0.00 | -30.0K | 3.33M | -0.9% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2023-09-08 | M | A | 30,000 | $3.00 | 702,351 | D | — | — | (F1) Shares to be received following expiration of the Longeveron Inc. Subscription Rights Offering, which is currently scheduled for September 21, 2023, unless otherwise extended by Longeveron. (F2) Share amounts include 640,098 shares of Class B common stock (the "Class B Common Stock"), which is not registered under the Securities Exchange Act of 1934, as amended. Holders of Class B Common Stock have identical rights to holders of common stock, except that holders of Class B Common Stock are entitled to 5 votes for each share held of record. Each share of Class B Common Stock is convertible at any time, at the option of the holder, into one share of common stock. |
| 2 | Derivative | Subscription Rights (right to buy) | 2023-09-08 | M | D | 30,000 | $0.00 | 3,329,255 | D | $3.00 · 2023-08-22 to 2023-09-21 | 30,000 Common Stock | (F3) Longeveron Inc. issued to each holder of record, as of August 18, 2023, of its Class A common stock, Class B common stock and warrants exercisable for its Class A common stock, subscription rights to acquire shares of Class A common stock of Longeveron Inc. in accordance with a prospectus dated August 14, 2023. Each subscription right entitles the holder to purchase one share of Longeveron Inc. Class A common stock. |