Sec Form 4 Filing - Thomas, McNerney & Partners II L.P. @ CAS MEDICAL SYSTEMS INC - 2019-04-18

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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
Thomas, McNerney & Partners II L.P.
2. Issuer Name and Ticker or Trading Symbol
CAS MEDICAL SYSTEMS INC [ CASM]
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)
C/O JAMES THOMAS, 263 TRESSER BOULEVARD, 9TH FLOOR
3. Date of Earliest Transaction (MM/DD/YY)
04/18/2019
(Street)
STAMFORD, CT06901
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
_____ Form filed by One Reporting Person
__ X __ 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 04/18/2019 C 6,802,834 A $ 2.389 ( 1 ) 8,393,871 D
Common Stock 04/18/2019 C 24,125 A $ 2.389 ( 2 ) 30,063 I by TMP Associates II LP
Common Stock 04/18/2019 C 71,075 A $ 2.389 ( 3 ) 79,100 I by TMP Nominee II, LLC
Common Stock 04/18/2019 C 3,906,315 A $ 2.389 ( 4 ) 12,300,186 D
Common Stock 04/18/2019 C 13,881 A $ 2.389 ( 5 ) 43,944 I by TMP Associates II LP
Common Stock 04/18/2019 C 40,772 A $ 2.389 ( 6 ) 119,872 I by TMP Nominee II, LLC
Common Stock 04/18/2019 D 12,300,186 D $ 2.45 ( 7 ) 0 D
Common Stock 04/18/2019 D 43,944 D $ 2.45 ( 7 ) 0 I by TMP Associates II LP
Common Stock 04/18/2019 D 119,872 D $ 2.45 ( 7 ) 0 I by TMP Nominee II, LLC
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
Series A Convertible Preferred Stock ( 1 ) 04/18/2019 C 94,182 ( 1 ) ( 1 ) Common Stock 6,802,834 $ 0 0 D
Series A Convertible Preferred Stock ( 2 ) 04/18/2019 C 334 ( 2 ) ( 2 ) Common Stock 24,125 $ 0 0 I by TMP Associates II LP
Series A Convertible Preferred Stock ( 3 ) 04/18/2019 C 984 ( 3 ) ( 3 ) Common Stock 71,075 $ 0 0 I by TMP Nominee II, LLC
Series A Exchangeable Preferred Stock ( 4 ) 04/18/2019 C 53,748 ( 4 ) ( 4 ) Common Stock 3,906,315 $ 0 0 D
Series A Exchangeable Preferred Stock ( 5 ) 04/18/2019 C 191 ( 5 ) ( 5 ) Common Stock 13,881 $ 0 0 I by TMP Associates II LP
Series A Exchangeable Preferred Stock ( 6 ) 04/18/2019 C 561 ( 6 ) ( 6 ) Common Stock 40,772 $ 0 0 I by TMP Nominee II, LLC
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Thomas, McNerney & Partners II L.P.
C/O JAMES THOMAS
263 TRESSER BOULEVARD, 9TH FLOOR
STAMFORD, CT06901
X
Thomas, McNerney & Partners II, LLC
C/O JAMES THOMAS
263 TRESSER BOULEVARD, 9TH FLOOR
STAMFORD, CT06901
X
TMP Associates II LP
C/O JAMES THOMAS
263 TRESSER BOULEVARD, 9TH FLOOR
STAMFORD, CT06901
X
TMP Nominee II, LLC
C/O JAMES THOMAS
263 TRESSER BOULEVARD, 9TH FLOOR
STAMFORD, CT06901
X
Signatures
Thomas, McNerney & Partners II, L.P. By: Thomas, McNerney & Partners II, LLC, its General Partner By: /s/James E. Thomas, Manager 04/22/2019
Signature of Reporting Person Date
Thomas, McNerney & Partners II, LLC, By: /s/James E. Thomas, Manager 04/22/2019
Signature of Reporting Person Date
TMP Associates II, L.P. By: Thomas, McNerney & Partners II, LLC, its General Partner By: /s/James E. Thomas, Manager 04/22/2019
Signature of Reporting Person Date
TMP Nominee II, LLC By: /s/James E. Thomas, Manager 04/22/2019
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The reporting person converted 94,182 shares of Series A Convertible Preferred Stock on April 18, 2019, resulting in its acquisition of 6,802,834 shares of common stock. The Series A Convertible Preferred Stock was convertible into common stock at any time by converting the accreted value thereof into common stock at a conversion price of $2.389 per share, and had no expiration date.
( 2 )The reporting person converted 334 shares of Series A Convertible Preferred Stock on April 18, 2019, resulting in its acquisition of 24,125 shares of common stock. The Series A Convertible Preferred Stock was convertible into common stock at any time by converting the accreted value thereof into common stock at a conversion price of $2.389 per share, and had no expiration date.
( 3 )The reporting person converted 984 shares of Series A Convertible Preferred Stock on April 18, 2019, resulting in its acquisition of 71,075 shares of common stock. The Series A Convertible Preferred Stock was convertible into common stock at any time by converting the accreted value thereof into common stock at a conversion price of $2.389 per share, and had no expiration date.
( 4 )The reporting person converted 53,748 shares of Series A Exchangeable Preferred Stock on April 18, 2019, resulting in its acquisition of 3,906,315 shares of common stock. The Series A Exchangeable Preferred Stock was convertible into common stock at any time by converting the accreted value thereof into common stock at a conversion price of $2.389 per share, and had no expiration date.
( 5 )The reporting person converted 191 shares of Series A Exchangeable Preferred Stock on April 18, 2019, resulting in its acquisition of 13,881 shares of common stock. The Series A Exchangeable Preferred Stock was convertible into common stock at any time by converting the accreted value thereof into common stock at a conversion price of $2.389 per share, and had no expiration date.
( 6 )The reporting person converted 561 shares of Series A Exchangeable Preferred Stock on April 18, 2019, resulting in its acquisition of 40,772 shares of common stock. The Series A Exchangeable Preferred Stock was convertible into common stock at any time by converting the accreted value thereof into common stock at a conversion price of $2.389 per share, and had no expiration date.
( 7 )Each issued and outstanding share of common stock was, as a result of the consummation of the merger contemplated by the Agreement and Merger by and among CAS Medical Systems, Inc., Edwards Lifesciences Holding, Inc. and Crown Merger Sub, Inc., dated as of February 11, 2019 (the "Merger Agreement"), canceled in exchange for the right to receive a per share amount equal to $2.45 in cash without interest.

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