SEC Form 4
FORM 4 | UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). |
1. Name and Address of Reporting Person*
(Street)
| 2. Issuer Name and Ticker or Trading Symbol CORONADO BIOSCIENCES INC [ CNDO ] | 5. Relationship of Reporting Person(s) to Issuer (Check all applicable)
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3. Date of Earliest Transaction (Month/Day/Year) 03/12/2015 | ||||||||||||||||||||||||||
4. If Amendment, Date of Original Filed (Month/Day/Year) | 6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 3. Transaction Code (Instr. 8) | 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) | 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) | 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 7. Nature of Indirect Beneficial Ownership (Instr. 4) | |||
Code | V | Amount | (A) or (D) | Price | ||||||
Common Stock, par value $0.001 | 03/12/2015 | A | 50,000(1) | A | $0 | 436,000 | D | |||
Common Stock, par value $0.001 | 03/12/2015 | A | 50,000(1) | A | $0 | 486,000 | D |
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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1. Title of Derivative Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date (Month/Day/Year) | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) | ||||
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Option to purchase Common Stock | $2.1 | (2) | 12/19/2023 | Common Stock | 30,000 | 30,000 | D | ||||||||
Warrants to Purchase Common Stock(3) | $6.15 | (4) | (5) | Common Stock | 3,399 | 3,399 | D | ||||||||
Options to purchase Common Stock | $1.37 | (6) | 10/05/2020 | Common Stock | 25,000 | 25,000 | D | ||||||||
Options to purchase Common Stock | $6.25 | (7) | 02/10/2022 | Common Stock | 15,000 | 15,000 | D | ||||||||
Options to purchase Common Stock | $7.42 | (8) | 02/07/2023 | Common Stock | 15,000 | 15,000 | D |
Explanation of Responses: |
1. One-third of the shares will vest on each of March 12, 2016, 2017 and 2018, and subject to continued service on the board of directors. |
2. One-third of the shares will vest on each of December 19, 2014, 2015 and 2016. |
3. This warrant was disbursed by Paramount Credit Partners, LLC on October 25, 2011. |
4. This warrant is fully vested. |
5. 2,236 shares underlying this warrant expired on January 22, 2014, 417 shares underlying this warrant expire on May 28, 2014, and 746 shares underlying this warrant expire on June 24, 2014. |
6. One-third of the shares vested on October 5, 2011, 2012 and 2013. |
7. One-third of the shares will vest on each of February 10, 2013, 2014 and 2015. |
8. One-third of the shares will vest on each of February 7, 2014, 2015 and 2016. |
/s/ Alexander M. Donaldson, Attorney-in-Fact | 03/16/2015 | |
** Signature of Reporting Person | Date | |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v). | ||
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |