0001181431-12-052298.txt : 20120928 0001181431-12-052298.hdr.sgml : 20120928 20120928171639 ACCESSION NUMBER: 0001181431-12-052298 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20120927 FILED AS OF DATE: 20120928 DATE AS OF CHANGE: 20120928 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: KNUDSON MARK B CENTRAL INDEX KEY: 0001243513 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-33818 FILM NUMBER: 121117580 MAIL ADDRESS: STREET 1: C/O DIAMETRICS MEDICAL INC STREET 2: 2658 PATTON ROAD CITY: ROSEVILLE STATE: MN ZIP: 55113 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: EnteroMedics Inc CENTRAL INDEX KEY: 0001371217 STANDARD INDUSTRIAL CLASSIFICATION: ELECTROMEDICAL & ELECTROTHERAPEUTIC APPARATUS [3845] IRS NUMBER: 000000000 FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 2800 Patton Rd CITY: St Paul STATE: MN ZIP: 55113 MAIL ADDRESS: STREET 1: 2800 Patton Rd CITY: St Paul STATE: MN ZIP: 55113 4 1 rrd355194.xml KNUDSON FORM 4 SEPT 2012 OPTGRANT X0306 4 2012-09-27 0 0001371217 EnteroMedics Inc ETRM 0001243513 KNUDSON MARK B 2800 PATTON ROAD ST. PAUL MN 55113 1 1 0 0 Chrmn, Pres & CEO Common Stock 1382 I Spouse Revocable Trust Common Stock 3215 I Family Limited Partnership Common Stock 57571 I Revocable Trust 2003 Stock Option (right to buy) 2.76 2004-08-16 2014-08-16 Common Stock 11575 11575 D Stock Option (right to buy) 2.76 2015-04-27 Common Stock 7915 7915 D Stock Option (right to buy) 2.76 2007-04-20 2016-04-20 Common Stock 6776 6776 D Stock Option (right to buy) 1.90 2010-10-29 2017-10-29 Common Stock 33432 33432 D Stock Option (right to buy) 1.90 2010-10-29 2017-10-29 Common Stock 25902 25902 D Stock Option (right to buy) 1.90 2010-10-29 2017-10-29 Common Stock 44131 44131 D Warrant (Right to Buy) 8.28 2009-08-24 2013-02-24 Common Stock 5498 5498 I Revocable Trust 2003 Stock Option (right to buy) 1.90 2010-10-29 2017-10-29 Common Stock 50472 50472 D Stock Option (right to buy) 3.78 2009-11-18 2019-11-18 Common Stock 20833 20833 D Warrant (Common Stock) 2.19 Common Stock 25000 25000 D Stock Option (right to buy) 2.58 2011-03-16 2021-02-16 Common Stock 350000 350000 D Stock Option (right to buy) 2.67 2011-08-12 2021-07-12 Common Stock 350000 350000 D Stock Option (right to buy) 1.90 2012-01-14 2021-12-14 Common Stock 200000 200000 D Stock Option (right to buy) 3.35 2012-09-27 4 A 0 1292225 0.00 A 2012-08-10 2022-07-10 Common Stock 1292225 1292225 D 32,968 shares vest immediately, of the remaining shares 25% vest on the first anniversary of the date of grant and thereafter at 1/36th per month for 36 months, beginning the date shown. Currently 100% vested in accordance with achievement of milestone vesting terms. Vests 25% on the first anniversary of the date of grant and 1/36th per month for 36 months thereafter, beginning the date shown. 25% vests immediately and the remaining 75% vests on 11/15/2010; 100% of unvested shares become vested upon change in control. Options vest 33% on date noted and thereafter at 1/24th per month. Warrant becomes exercisable 181 days from the date of issuance at close of offering. Warrant expires five years from the date it becomes exercisable. Vests in increments of 1/48th per month, beginning the date shown. The exercise price is the closing price on July 10, 2012, the date the board authorized the grants subject to stockholder approval of the increase in the number of shares available for awards under the stock incentive plan, which was obtained on September 27, 2012. /s/ Greg S. Lea, Attorney in Fact for Mark B. Knudson 2012-09-28