Just saw that, downloaded the numbers into Excel to come up with totals:
Item 5(b) of the Schedule 13D is amended to add the following information regarding the Sofinnova Reporting Persons: Other than the following open market sales of ADSs and the sale of a Warrant pursuant to the Warrant Purchase Agreement with OTA LLC dated April 3, 2012, the Sofinnova Reporting Persons have not engaged in any transactions in ADSs, Warrants, or Ordinary Shares in the past 60 days.
Date | Number of ADSs Sold | Average Price per ADS
03/28/2012 6,302 $ 11.73
03/29/2012 993,698 $ 10.98
04/02/2012 264,350 $ 10.9903
04/03/2012 1,735,650 $ 10.9813
Totals: 3,000,000 shrs worth $33M
Date Number of ADSs Subject to Warrant Sold Aggregate Price 04/04/2012 941,800 $8,506,337.60
Looks like they've reduced their ownership from 13.4% as on 1/1/2012 to 4.6% with these sales? Wait, I'm confused - all those transactions are well over a year old - what actually just happened here?
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