Sec Form 4 Filing - KONINKLIJKE PHILIPS NV @ Corindus Vascular Robotics, Inc. - 2017-02-28

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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
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
KONINKLIJKE PHILIPS NV
2. Issuer Name and Ticker or Trading Symbol
Corindus Vascular Robotics, Inc. [ CVRS]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director X __ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
PHILIPS CENTER, AMSTELPLEIN 2, 1096 BC
3. Date of Earliest Transaction (MM/DD/YY)
02/28/2017
(Street)
AMSTERDAM, P7
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction 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
Common Stock, par value $0.0001 per share 02/28/2017 P( 1 ) 7,557,436 A $ 0.6616 24,965,253 ( 2 ) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction 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
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(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
Warrant $ 1.06 08/12/2014 10/11/2017 Common Stock, par value $0.0001 per share 4,728,191 4,728,191 ( 2 ) D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
KONINKLIJKE PHILIPS NV
PHILIPS CENTER, AMSTELPLEIN 2, 1096 BC
AMSTERDAM, P7
X
Signatures
/s/ Abhijit Bhattacharya, Chief Financial Officer 03/10/2017
Signature of Reporting Person Date
/s/ Marnix van Ginneken, Chief Legal Officer 03/10/2017
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Pursuant to the Securities Purchase Agreement, dated February 28, 2017, by and among Corindus Vascular Robotics, Inc. (the "Company"), Koninklijke Philips N.V. ("Philips") and the other parties thereto, Philips has the right to acquire 7,557,436 shares of common stock of the Company, par value $0.0001 per share (the "Common Stock") at the closing scheduled for March 15, 2017, for a purchase price of $0.6616 per share.
( 2 )This amount reflects a correction to the Form 3, filed by Philips on February 28, 2017, clarifying that 4,728,191 shares of Common Stock beneficially owned by Philips are in the form of warrants. The correction does not result in any change in the overall number of shares of Common Stock beneficially owned by Philips as of the date of such Form 3 filing.

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