0001209191-16-098300.txt : 20160212
0001209191-16-098300.hdr.sgml : 20160212
20160212200847
ACCESSION NUMBER: 0001209191-16-098300
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20160212
FILED AS OF DATE: 20160212
DATE AS OF CHANGE: 20160212
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: TRANSENTERIX INC.
CENTRAL INDEX KEY: 0000876378
STANDARD INDUSTRIAL CLASSIFICATION: SURGICAL & MEDICAL INSTRUMENTS & APPARATUS [3841]
IRS NUMBER: 112962080
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 635 DAVIS DRIVE
STREET 2: SUITE 300
CITY: MORRISVILLE
STATE: NC
ZIP: 27560
BUSINESS PHONE: 919-765-8400
MAIL ADDRESS:
STREET 1: 635 DAVIS DRIVE
STREET 2: SUITE 300
CITY: MORRISVILLE
STATE: NC
ZIP: 27560
FORMER COMPANY:
FORMER CONFORMED NAME: SafeStitch Medical, Inc.
DATE OF NAME CHANGE: 20080211
FORMER COMPANY:
FORMER CONFORMED NAME: CELLULAR TECHNICAL SERVICES CO INC
DATE OF NAME CHANGE: 19930328
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Pope Todd
CENTRAL INDEX KEY: 0001584367
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-19437
FILM NUMBER: 161422165
MAIL ADDRESS:
STREET 1: C/O TRANSENTERIX
STREET 2: 635 DAVIS DRIVE, SUITE 300
CITY: MORRISVILLE
STATE: NC
ZIP: 27713
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2016-02-12
0
0000876378
TRANSENTERIX INC.
TRXC
0001584367
Pope Todd
C/O TRANSENTERIX, INC.
635 DAVIS DRIVE, SUITE 300
MORRISVILLE
NC
27560
1
1
0
0
President and CEO
Stock Option
3.82
2016-02-12
4
A
0
547500
0.00
A
2026-02-12
Common Stock
547500
547500
D
Restricted Stock Units
2016-02-12
4
A
0
121667
0.00
A
Common Stock
121667
121667
D
Vests 25% on the first anniversary of the date of grant and thereafter 1/48th of the entire award monthly for 36 months. The outstanding equity awards are subject to acceleration provisions set forth in an Employment Agreement between the Registrant and the Reporting Person in connection with termination of employment due to a Change in Control.
Each restricted stock unit represents the right to receive one share of the Registrant's common stock.
Forfeiture restrictions will lapse on the restricted stock units in three equal annual installments of 40,555, 40,556 and 40,556 on February 4, 2017, 2018 and 2019, as long as the Reporting Person remains in the employ of the Registrant, subject to certain acceleration provisions following an involuntary termination from employment of the Reporting Person within 12 months following a change of control and acceleration events as set forth in the Incentive Plan.
/s/ Joshua Weingard, as Attorney-in-Fact for Todd Pope
2016-02-12