Home/Filings/4/0000899243-18-022726
4//SEC Filing

Pillar Invest Corp 4

Accession 0000899243-18-022726

CIK 0000861838other

Filed

Aug 16, 8:00 PM ET

Accepted

Aug 17, 5:44 PM ET

Size

30.4 KB

Accession

0000899243-18-022726

Insider Transaction Report

Form 4
Period: 2018-08-07
Transactions
  • Sale

    Common Stock

    2018-08-08$5.88/sh50,000$294,1900 total(indirect: See Footnote)
  • Sale

    Common Stock

    2018-08-09$6.29/sh25,000$157,3580 total(indirect: See Footnote)
  • Sale

    Common Stock

    2018-08-07$5.62/sh75,000$421,7170 total(indirect: See Footnote)
  • Sale

    Common Stock

    2018-08-08$5.97/sh20,000$119,5000 total(indirect: See Footnote)
  • Sale

    Common Stock

    2018-08-07$5.55/sh91,893$510,0980 total(indirect: See Footnote)
  • Sale

    Common Stock

    2018-08-08$5.89/sh8,107$47,7590 total(indirect: See Footnote)
  • Sale

    Common Stock

    2018-08-09$6.25/sh15,000$93,7620 total(indirect: See Footnote)
  • Sale

    Common Stock

    2018-08-09$6.35/sh15,000$95,3240 total(indirect: See Footnote)
Transactions
  • Sale

    Common Stock

    2018-08-09$6.29/sh25,000$157,3580 total(indirect: See Footnote)
  • Sale

    Common Stock

    2018-08-09$6.35/sh15,000$95,3240 total(indirect: See Footnote)
  • Sale

    Common Stock

    2018-08-07$5.62/sh75,000$421,7170 total(indirect: See Footnote)
  • Sale

    Common Stock

    2018-08-07$5.55/sh91,893$510,0980 total(indirect: See Footnote)
  • Sale

    Common Stock

    2018-08-08$5.97/sh20,000$119,5000 total(indirect: See Footnote)
  • Sale

    Common Stock

    2018-08-08$5.89/sh8,107$47,7590 total(indirect: See Footnote)
  • Sale

    Common Stock

    2018-08-08$5.88/sh50,000$294,1900 total(indirect: See Footnote)
  • Sale

    Common Stock

    2018-08-09$6.25/sh15,000$93,7620 total(indirect: See Footnote)
Transactions
  • Sale

    Common Stock

    2018-08-09$6.29/sh25,000$157,3580 total(indirect: See Footnote)
  • Sale

    Common Stock

    2018-08-08$5.88/sh50,000$294,1900 total(indirect: See Footnote)
  • Sale

    Common Stock

    2018-08-08$5.97/sh20,000$119,5000 total(indirect: See Footnote)
  • Sale

    Common Stock

    2018-08-09$6.35/sh15,000$95,3240 total(indirect: See Footnote)
  • Sale

    Common Stock

    2018-08-08$5.89/sh8,107$47,7590 total(indirect: See Footnote)
  • Sale

    Common Stock

    2018-08-07$5.62/sh75,000$421,7170 total(indirect: See Footnote)
  • Sale

    Common Stock

    2018-08-09$6.25/sh15,000$93,7620 total(indirect: See Footnote)
  • Sale

    Common Stock

    2018-08-07$5.55/sh91,893$510,0980 total(indirect: See Footnote)
Pillar Invest Corp
Director10% Owner
Transactions
  • Sale

    Common Stock

    2018-08-08$5.89/sh8,107$47,7590 total(indirect: See Footnote)
  • Sale

    Common Stock

    2018-08-07$5.55/sh91,893$510,0980 total(indirect: See Footnote)
  • Sale

    Common Stock

    2018-08-08$5.97/sh20,000$119,5000 total(indirect: See Footnote)
  • Sale

    Common Stock

    2018-08-09$6.25/sh15,000$93,7620 total(indirect: See Footnote)
  • Sale

    Common Stock

    2018-08-09$6.35/sh15,000$95,3240 total(indirect: See Footnote)
  • Sale

    Common Stock

    2018-08-07$5.62/sh75,000$421,7170 total(indirect: See Footnote)
  • Sale

    Common Stock

    2018-08-08$5.88/sh50,000$294,1900 total(indirect: See Footnote)
  • Sale

    Common Stock

    2018-08-09$6.29/sh25,000$157,3580 total(indirect: See Footnote)
Footnotes (16)
  • [F1]The shares sold on this date were sold in multiple transactions. This price is the weighted average sales price per share of all shares sold on this date; the actual sale prices per share range from $5.4000-$5.7509. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.
  • [F10]Shares sold by Pillar Pharmaceuticals I, L.P. ("Pillar I"). Pillar GP disclaims Section 16 beneficial ownership of the securities beneficially owned by Pillar I and this report shall not be deemed an admission that Pillar GP is the Section 16 beneficial owner of any such securities, except to the extent of its pecuniary interest therein, if any, by virtue of its ownership interest in Pillar I. Following this transaction, Pillar I owns directly 241,266 shares of common stock of the Issuer.
  • [F11]The shares sold on this date were sold in multiple transactions. This price is the weighted average sales price per share of all shares sold on this date; the actual sale prices per share range from $6.1600-$6.3200. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.
  • [F12]Shares sold by Pillar II. Pillar GP disclaims Section 16 beneficial ownership of the securities beneficially owned by Pillar II and this report shall not be deemed an admission that Pillar GP is the Section 16 beneficial owner of any such securities, except to the extent of its pecuniary interest therein, if any, by virtue of its ownership interest in Pillar II. Following this transaction, Pillar II owns directly 673,985 shares of common stock of the Issuer.
  • [F13]The shares sold on this date were sold in multiple transactions. This price is the weighted average sales price per share of all shares sold on this date; the actual sale prices per share range from $6.1600-$6.4300. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.
  • [F14]Shares sold by Pillar I. Pillar GP disclaims Section 16 beneficial ownership of the securities beneficially owned by Pillar I and this report shall not be deemed an admission that Pillar GP is the Section 16 beneficial owner of any such securities, except to the extent of its pecuniary interest therein, if any, by virtue of its ownership interest in Pillar I. Following this transaction, Pillar I owns directly 216,266 shares of common stock of the Issuer.
  • [F15]The shares sold on this date were sold in multiple transactions. This price is the weighted average sales price per share of all shares sold on this date; the actual sale prices per share range from $6.3000-$6.4000. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.
  • [F16]Shares sold by Pillar III. Pillar GP disclaims Section 16 beneficial ownership of the securities beneficially owned by Pillar III and this report shall not be deemed an admission that Pillar GP is the Section 16 beneficial owner of any such securities, except to the extent of its pecuniary interest therein, if any, by virtue of its ownership interest in Pillar III. Following this transaction, Pillar III owns directly 293,980 shares of common stock of the Issuer.
  • [F2]Shares sold by Pillar Pharmaceuticals II, L.P. ("Pillar II"). Pillar Invest Corporation ("Pillar GP") disclaims Section 16 beneficial ownership of the securities beneficially owned by Pillar II and this report shall not be deemed an admission that Pillar GP is the Section 16 beneficial owner of any such securities, except to the extent of its pecuniary interest therein, if any, by virtue of its ownership interest in Pillar II. Following this transaction, Pillar II owns directly 697,092 shares of common stock of the Issuer.
  • [F3]The shares sold on this date were sold in multiple transactions. This price is the weighted average sales price per share of all shares sold on this date; the actual sale prices per share range from $5.3800-$5.8000. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.
  • [F4]Shares sold by Participations Besancon. Participations Besancon is a fund advised by Pillar GP. Pillar GP disclaims Section 16 beneficial ownership of the Besancon Warrants and the common stock underlying such warrants and this report shall not be deemed an admission that Pillar GP is the Section 16 beneficial owner of any such securities, except to the extent of its pecuniary interest therein, if any, resulting from fees payable to Pillar GP in its capacity as investment advisor to Besancon. Following this transaction, Participations Besancon owns directly 1,061,212 shares of common stock of the Issuer.
  • [F5]The shares sold on this date were sold in multiple transactions. This price is the weighted average sales price per share of all shares sold on this date; the actual sale prices per share range from $5.8300-$6.0000. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.
  • [F6]Shares sold by Pillar II. Pillar GP disclaims Section 16 beneficial ownership of the securities beneficially owned by Pillar II and this report shall not be deemed an admission that Pillar GP is the Section 16 beneficial owner of any such securities, except to the extent of its pecuniary interest therein, if any, by virtue of its ownership interest in Pillar II. Following this transaction, Pillar II owns directly 688,985 shares of common stock of the Issuer.
  • [F7]The shares sold on this date were sold in multiple transactions. This price is the weighted average sales price per share of all shares sold on this date; the actual sale prices per share range from $5.6300-$6.1100. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.
  • [F8]Shares sold by Pillar Pharmaceuticals III, L.P. ("Pillar III"). Pillar GP disclaims Section 16 beneficial ownership of the securities beneficially owned by Pillar III and this report shall not be deemed an admission that Pillar GP is the Section 16 beneficial owner of any such securities, except to the extent of its pecuniary interest therein, if any, by virtue of its ownership interest in Pillar III. Following this transaction, Pillar III owns directly 308,980 shares of common stock of the Issuer.
  • [F9]The shares sold on this date were sold in multiple transactions. This price is the weighted average sales price per share of all shares sold on this date; the actual sale prices per share range from $5.9500-$6.0000. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.

Issuer

IDERA PHARMACEUTICALS, INC.

CIK 0000861838

Entity typeother
IncorporatedCayman Islands

Related Parties

1
  • filerCIK 0001534428

Filing Metadata

Form type
4
Filed
Aug 16, 8:00 PM ET
Accepted
Aug 17, 5:44 PM ET
Size
30.4 KB