Form Type: 4

SEC EDGAR Link
Accession Number:0001209191-22-058404
Date:2022-11-21
Issuer: AVITA MEDICAL, INC. (RCEL)
Original Submission Date:

Reporting Person:

PERRY MICHAEL S
C/O AVITA MEDICAL, INC.
28159 AVENUE STANFORD, SUITE 220 VALENCIA, CA 91355

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
COMMON STOCK 2022-11-21 M 150,000 a $5.99 379,543 direct
COMMON STOCK 2022-11-21 S 150,000 d $7.18 229,543 direct
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
STOCK OPTIONS (RIGHT TO BUY) 5.99 2022-11-21 deemed execution date M 150,000 (d) 2020-09-09 2022-11-27 common stock 150,000 $5.99 0 direct
Footnotes
IDfootnote
f1 the exercise price was converted from a$8.20, which reflects the 100:1 consolidation ratio applied in converting ordinary shares of predecessor (as defined below) to shares of the issuer's common stock, using the exchange rate as published by the reserve bank of australia in effect on the date of grant (november 30, 2018).
f2 includes 634,602 of the issuer's chess depositary interests ("cdis"). cdis are units of beneficial ownership in shares of common stock of the issuer that are publicly traded on the australian securities exchange (the "asx") and held by chess depositary nominees pty, limited, a subsidiary of asx limited, the company that operates the asx. five cdis are equivalent to one share of common stock and have all the rights and privileges of common stock. the reporting person holds 634,602 cdis, which translate into 126,920 of the shares of common stock set forth above.
f3 the price reported in column 4 is a weighted average price. these shares were sold in multiple transactions at prices ranging from $7.05 to $7.45. the reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the securities and exchange commission, upon request, full information regarding the number of the shares of common stock sold at each separate price within the ranges set forth in this footnote to this form 4.
f4 these stock options were originally exercisable for ordinary shares of of avita medical, ltd., an australian public company and predecessor to the issuer ("predecessor"). pursuant to a scheme of arrangement, completed on june 30, 2020, the stock options became exercisable for shares of common stock of the issuer in the ratio of one share of common stock for every 100 ordinary shares of predecessor for which the stock options would otherwise have been exercisable.
WhaleWisdom Logo

Elevate your investments