John Brintnall - Jun 29, 2021 Form 3 Insider Report for CVRx, Inc. (CVRX)

Role
Chief Strategy Officer and Sec
Signature
/s/ Amy C. Seidel, Attorney-in-Fact
Stock symbol
CVRX
Transactions as of
Jun 29, 2021
Transactions value $
$0
Form type
3
Date filed
6/29/2021, 09:04 PM
Next filing
Jul 2, 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding CVRX Common Stock 4.95K Jun 29, 2021 By trust
holding CVRX Common Stock 4.68K Jun 29, 2021 By spouse's trust

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding CVRX Series F-2 Preferred Stock Jun 29, 2021 Common Stock 2.24K Direct F1, F2
holding CVRX Series G Preferred Stock Jun 29, 2021 Common Stock 5.66K Direct F1, F3
holding CVRX Stock Option Jun 29, 2021 Common Stock 1.9K $0.24 Direct F4
holding CVRX Stock Option Jun 29, 2021 Common Stock 2.28K $0.24 Direct F4
holding CVRX Stock Option Jun 29, 2021 Common Stock 3.79K $0.24 Direct F4
holding CVRX Stock Option Jun 29, 2021 Common Stock 3.29K $0.24 Direct F4
holding CVRX Stock Option Jun 29, 2021 Common Stock 4.77K $0.24 Direct F4
holding CVRX Stock Option Jun 29, 2021 Common Stock 3.79K $0.24 Direct F4
holding CVRX Stock Option Jun 29, 2021 Common Stock 1.26K $0.24 Direct F4
holding CVRX Stock Option Jun 29, 2021 Common Stock 9.74K $0.24 Direct F4
holding CVRX Stock Option Jun 29, 2021 Common Stock 21.7K $0.24 Direct F5
holding CVRX Stock Option Jun 29, 2021 Common Stock 23.8K $0.24 Direct F6
holding CVRX Stock Option Jun 29, 2021 Common Stock 34.1K $3.96 Direct F7
holding CVRX Stock Option Jun 29, 2021 Common Stock 14.5K $4.35 Direct F4
holding CVRX Stock Option Jun 29, 2021 Common Stock 14.3K $4.35 Direct F8
holding CVRX Stock Option Jun 29, 2021 Common Stock 13K $4.35 Direct F9
holding CVRX Stock Option Jun 29, 2021 Common Stock 12.9K $4.35 Direct F10
holding CVRX Stock Option Jun 29, 2021 Common Stock 19K $7.12 Direct F11
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each share of preferred stock is convertible, at the option of the holder, into shares of common stock at the then-effective conversion ratio for no additional consideration and has no expiration date. The shares of preferred stock will automatically convert into shares of common stock at the then-appliable conversion rate for no additional consideration (subject to the payment of cash in lieu of any fractional shares) upon the closing of the Issuer's initial public offering. The conversion rates reported reflect the conversion ratios under the Issuer's certificate of incorporation, adjusted to give effect to the previously effected 1-for-39.548 reverse stock split of the common stock.
F2 Shares of Series F-2 Convertible Preferred Stock are convertible into shares of common stock at a rate of 1-for-0.025857287.
F3 Shares of Series G Convertible Preferred Stock are convertible into shares of common stock at a rate of 1-for-0.0632143218.
F4 Fully exercisable.
F5 Fully exercisable, subject to Issuer's right to repurchase shares at the exercise price, which repurchase right lapsed with respect to 25% of the shares on February 26, 2019 and lapses with respect to the 1/48th of the shares each month thereafter.
F6 Vested as to 25% of the shares on January 28, 2020 and vests as to 1/48th of the shares on the 15th of each month thereafter.
F7 Vested as to 25% of the shares on July 24, 2020 and vests as to 1/48th of the shares each month thereafter.
F8 Vests as to 75% of the shares on October 1, 2020 and as to 1/48th of the shares each month thereafter.
F9 Vests as to 25% of the shares on October 1, 2020 and as to 1/48th of the shares each month thereafter.
F10 Vests as to 25% of the shares on October 1, 2021 and as to 1/48th of the shares each month thereafter.
F11 Vests as to 25% of the shares on February 4, 2022 and as to 1/48th of the shares each month thereafter.