HELICOS BIOSCIENCES CORP 4
4 · HELICOS BIOSCIENCES CORP · Filed Dec 29, 2008
Insider Transaction Report
Form 4
HIGHLAND CAPITAL PARTNERS VI LP
Director10% Owner
Transactions
- Purchase
Common Stock
2008-12-23+5,395,475→ 7,265,593 total - Purchase
Common Stock Warrants (Right to Buy)
2008-12-23+3,237,285→ 3,237,285 totalExercise: $0.45From: 2009-06-23Exp: 2013-12-23→ Common Stock (3,237,285 underlying)
Footnotes (2)
- [F1]The reported securities are included within units purchased by the filing persons for $0.435 per unit. Each unit consists of (i) one share of common stock and (ii) one warrant to purchase 0.6 shares of common stock (representing the closing bid price plus an additional amount for the warrants). Units were not issued or certificated. The shares of common stock and warrants are immediately separable and were issued separately.
- [F2]Under Nasdaq Marketplace Rule 4350(i)(1)(B) stockholder approval is required for issuances of securities that will result in a change of control of the issuer. In order to comply with Rule 4350(i)(1)(B), until the offering in which the warrants were purchased has been approved by the stockholders, the warrants prohibit holders from exercising such warrant for any number of shares which would cause that holder to hold more than 19.9% of the issuer's common stock following the exercise.