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ELGX Endologix Inc

0.22
0.00 (0.00%)
30 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Endologix Inc NASDAQ:ELGX NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.22 0.2344 0.24 0 01:00:00

Statement of Changes in Beneficial Ownership (4)

01/10/2019 9:30pm

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 *

Lemaitre Dan
2. Issuer Name and Ticker or Trading Symbol

ENDOLOGIX INC /DE/ [ ELGX ]
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)

2 MUSICK
3. Date of Earliest Transaction (MM/DD/YYYY)

9/30/2019
(Street)

IRVINE, CA 92618
(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

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
Option to Purchase  $43.8  9/30/2019    D        5000 (1)  12/10/2010  12/10/2019  Common Stock  5000.0   (2) 0  D   
Option to Purchase  $43.6  9/30/2019    D        2000 (3)  5/20/2011  5/20/2020  Common Stock  2000.0   (2) 0  D   
Option to Purchase  $82.6  9/30/2019    D        2000 (4)  5/25/2012  5/25/2021  Common Stock  2000.0   (2) 0  D   
Option to Purchase  $4.71  9/30/2019    A     2834 (5)     9/10/2020  9/10/2026  Common Stock  2834.0   (2) 2834  D   

Explanation of Responses:
(1)  Options vested equally over four years.
(2)  The issuer cancelled, pursuant to the issuer's option exchange program which expired on September 9, 2019, (i) an option for 5,000 shares of common stock granted to the reporting person on December 10, 2009, (ii) an option for 2,000 shares of common stock granted to the reporting person on May 20, 2010, and (iii) an option for 2,000 shares of common stock granted to the reporting person on May 25, 2011. In exchange, the reporting person received a new stock option, for 2,834 shares, having an exercise price of $4.71 per share, which is equal to the closing price per share of the common stock on the NASDAQ Global Market on September 10, 2019.
(3)  100% of the options vested on May 20, 2011.
(4)  100% of the options vested on May 25, 2012.
(5)  The options vest in three equal annual installments over a three-year period commencing on September 10, 2019.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Lemaitre Dan
2 MUSICK
IRVINE, CA 92618
X



Signatures
Dan Lemaitre by Timothy N. Brady, Attorney-in-Fact for Reporting Person 10/1/2019
**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.

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