Statement of Changes in Beneficial Ownership (4)
February 10 2017 - 3:55PM
Edgar (US Regulatory)
FORM 4
[ ]
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue.
See
Instruction 1(b).
|
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
|
OMB APPROVAL
OMB Number:
3235-0287
Estimated average burden
hours per response...
0.5
|
|
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
|
|
1. Name and Address of Reporting Person
*
Tremmel Jon T
|
2. Issuer Name
and
Ticker or Trading Symbol
EnteroMedics Inc
[
ETRM
]
|
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__
X
__ Director
_____ 10% Owner
_____ Officer (give title below)
_____ Other (specify below)
|
(Last)
(First)
(Middle)
2800 PATTON ROAD
|
3. Date of Earliest Transaction
(MM/DD/YYYY)
2/8/2017
|
(Street)
ST. PAUL, MN 55113
(City)
(State)
(Zip)
|
4. If Amendment, Date Original Filed
(MM/DD/YYYY)
|
6. Individual or Joint/Group Filing
(Check Applicable Line)
_
X
_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
|
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
|
1.Title of Security
(Instr. 3)
|
2. Trans. Date
|
2A. Deemed Execution Date, if any
|
3. Trans. 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
|
|
|
|
|
|
|
|
2
(1)
|
D
|
|
Table II - Derivative Securities Beneficially Owned (
e.g.
, puts, calls, warrants, options, convertible securities)
|
1. Title of Derivate Security
(Instr. 3)
|
2. Conversion or Exercise Price of Derivative Security
|
3. Trans. Date
|
3A. Deemed Execution Date, if any
|
4. Trans. 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
|
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 of Derivative Security: 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
|
Director Option (right to buy)
|
$8820.00
(1)
|
|
|
|
|
|
|
1/28/2009
(2)
|
1/28/2019
|
Common Stock
|
3
|
|
3
(1)
|
D
|
|
Director Option (right to buy)
|
$12159.00
(1)
|
|
|
|
|
|
|
5/5/2009
(2)
|
5/5/2019
|
Common Stock
|
1
|
|
1
(1)
|
D
|
|
Director Option (right to buy)
|
$2646.00
(1)
|
|
|
|
|
|
|
5/6/2010
(2)
|
5/6/2020
|
Common Stock
|
1
|
|
1
(1)
|
D
|
|
Director Option (right to buy)
|
$2761.50
(1)
|
|
|
|
|
|
|
5/5/2011
(2)
|
5/5/2021
|
Common Stock
|
9
|
|
9
(1)
|
D
|
|
Director Option (right to buy)
|
$2908.50
(1)
|
|
|
|
|
|
|
5/9/2012
(2)
|
5/9/2022
|
Common Stock
|
9
|
|
9
(1)
|
D
|
|
Director Option (right to buy)
|
$924.00
(1)
|
|
|
|
|
|
|
5/8/2013
(2)
|
5/8/2023
|
Common Stock
|
9
|
|
9
(1)
|
D
|
|
Director Option (right to buy)
|
$1932.00
(1)
|
|
|
|
|
|
|
5/7/2014
(2)
|
5/7/2024
|
Common Stock
|
23
|
|
23
(1)
|
D
|
|
Director Option (right to buy)
|
$1176.00
(1)
|
|
|
|
|
|
|
5/6/2015
(2)
|
5/6/2025
|
Common Stock
|
23
|
|
23
(1)
|
D
|
|
Director Option (right to buy)
|
$1176.00
(1)
|
|
|
|
|
|
|
6/6/2015
(3)
|
5/6/2025
|
Common Stock
|
23
|
|
23
(1)
|
D
|
|
Stock Option (Right to Buy)
|
$241.50
(1)
|
|
|
|
|
|
|
9/21/2015
(3)
|
8/21/2020
|
Common Stock
|
238
|
|
238
(1)
|
D
|
|
Director Option (Right to Buy)
|
$52.50
(1)
|
|
|
|
|
|
|
5/4/2016
(2)
|
5/4/2026
|
Common Stock
|
42
|
|
42
(1)
|
D
|
|
Director Option (Right to Buy)
|
$7.12
|
2/8/2017
|
|
A
|
|
35000
|
|
2/8/2017
|
2/8/2027
|
Common Stock
|
30000
|
$0.00
|
30000
|
D
|
|
Explanation of Responses:
|
(
1)
|
On December 27, 2016, EnteroMedics Inc. effected a 1-for-70 reverse stock split of its issued and outstanding shares of common stock, par value $0.01 per share, resulting in a proportional decrease in the total shares of common stock beneficially owned by the reporting person. all previously reported exercise prices, option grants and similar instruments convertible into common stock were proportionally adjusted to reflect the reverse split.
|
(
2)
|
Vests immediately as to 25% on date noted and thereafter in cumulative installments of 1/36th per month.
|
(
3)
|
Vests in cumulative installments of 1/12th per month beginning the date shown.
|
Remarks:
EX 24: Tremmel Power of Attorney Attached
THIS FILING REFLECTS THE POST SPLIT NUMBERS OF ALL SHARES, OPTIONS AND SIMILAR INSTRUMENTS HELD BY THE REPORTING PERSON AS PREVIOUSLY REPORTED.
|
Reporting Owners
|
Reporting Owner Name / Address
|
Relationships
|
Director
|
10% Owner
|
Officer
|
Other
|
Tremmel Jon T
2800 PATTON ROAD
ST. PAUL, MN 55113
|
X
|
|
|
|
Signatures
|
/s/ Scott P. Youngstrom, Attorney-in-Fact for Jon T. Tremmel
|
|
2/10/2017
|
**
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 control number.
|
Enteromedics (NASDAQ:ETRM)
Historical Stock Chart
From Nov 2024 to Dec 2024
Enteromedics (NASDAQ:ETRM)
Historical Stock Chart
From Dec 2023 to Dec 2024
Real-Time news about Enteromedics (NASDAQ): 0 recent articles
More Enteromedics Inc News Articles