CR GROUP L.P.

PrivateCIK: 1702352

Location

HOUSTON, TX

CR GROUP L.P. purchased 15M shares of VALERITAS HOLDINGS INC. on the open market

Open‑market purchases signal personal conviction.

P · 4 purchases

CR GROUP L.P.

Filed: 11/20/2018ACC: 0000899243-18-029509

InsiderCR GROUP L.P.CIK 1702352

→

IssuerVALERITAS HOLDINGS INC.CIK 1619250

10% Owner

Since Nov 2018

+45M

Net shares

Net buyer

$0.00

Total acquired

4

Open market trades

4B · 0S

12

Total transactions

45M acquired

Non-Derivative Transactions4

Common Stock

Indirect

P · Purchase

Shares

+4.22M

Price / share

—

Trade value

—

% of position

732.6%

11/16/2018

576.69K→4.80M

Common Stock

Indirect

P · Purchase

Shares

+1.26M

Price / share

—

Trade value

—

% of position

600.2%

11/16/2018

210.77K→1.48M

Common Stock

Indirect

P · Purchase

Shares

+7.43M

Price / share

—

Trade value

—

% of position

1151.4%

11/16/2018

645.06K→8.07M

Common Stock

Indirect

P · Purchase

Shares

+2.08M

Price / share

—

Trade value

—

% of position

77.5%

11/16/2018

2.69M→4.77M

Total

Net shares

+15M

Net value

$0.00

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Indirect	11/16/2018	P · Purchase	+4.22M	—	—	732.6%	576.69K	4.80M
Common Stock Indirect	11/16/2018	P · Purchase	+1.26M	—	—	600.2%	210.77K	1.48M
Common Stock Indirect	11/16/2018	P · Purchase	+7.43M	—	—	1151.4%	645.06K	8.07M
Common Stock Indirect	11/16/2018	P · Purchase	+2.08M	—	—	77.5%	2.69M	4.77M
Total			+15M		$0.00

Derivative Transactions8

Series A Warrant

Indirect

P · Purchase

Converts to

Common Stock

4.22M shares

Shares

+4.22M

Strike price

0.60

Held after

4.22M

Exercisable

—

11/16/2018

Series A Warrant

Indirect

P · Purchase

Converts to

Common Stock

1.26M shares

Shares

+1.26M

Strike price

0.60

Held after

1.26M

Exercisable

—

11/16/2018

Series A Warrant

Indirect

P · Purchase

Converts to

Common Stock

7.43M shares

Shares

+7.43M

Strike price

0.60

Held after

7.43M

Exercisable

—

11/16/2018

Series A Warrant

Indirect

P · Purchase

Converts to

Common Stock

2.08M shares

Shares

+2.08M

Strike price

0.60

Held after

2.08M

Exercisable

—

11/16/2018

Series B Warrant

Indirect

P · Purchase

Converts to

Common Stock

4.22M shares

Shares

+4.22M

Strike price

0.48

Held after

4.22M

Exercisable

—

11/16/2018

Series B Warrant

Indirect

P · Purchase

Converts to

Common Stock

1.26M shares

Shares

+1.26M

Strike price

0.48

Held after

1.26M

Exercisable

—

11/16/2018

Series B Warrant

Indirect

P · Purchase

Converts to

Common Stock

7.43M shares

Shares

+7.43M

Strike price

0.48

Held after

7.43M

Exercisable

—

11/16/2018

Series B Warrant

Indirect

P · Purchase

Converts to

Common Stock

2.08M shares

Shares

+2.08M

Strike price

0.48

Held after

2.08M

Exercisable

—

11/16/2018

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Series A Warrant Indirect	Common Stock4.22M shares	11/16/2018	P · Purchase	+4.22M	0.60	—	4.22M
Series A Warrant Indirect	Common Stock1.26M shares	11/16/2018	P · Purchase	+1.26M	0.60	—	1.26M
Series A Warrant Indirect	Common Stock7.43M shares	11/16/2018	P · Purchase	+7.43M	0.60	—	7.43M
Series A Warrant Indirect	Common Stock2.08M shares	11/16/2018	P · Purchase	+2.08M	0.60	—	2.08M
Series B Warrant Indirect	Common Stock4.22M shares	11/16/2018	P · Purchase	+4.22M	0.48	—	4.22M
Series B Warrant Indirect	Common Stock1.26M shares	11/16/2018	P · Purchase	+1.26M	0.48	—	1.26M
Series B Warrant Indirect	Common Stock7.43M shares	11/16/2018	P · Purchase	+7.43M	0.48	—	7.43M
Series B Warrant Indirect	Common Stock2.08M shares	11/16/2018	P · Purchase	+2.08M	0.48	—	2.08M

Non-Derivative Holdings (Post-Transaction)1

Common Stock

Indirect

Shares owned1.07M

Total

1.07M indirect1.07M

Security Title	Shares Owned	Ownership Type
Common Stock	1.07M	Indirect
Total	1.07M	1.07M indirect

Derivative Holdings (Post-Transaction)0

No derivative holdings reported

CR GROUP L.P. — Insider Transaction (Form 4) Filed Nov 20, 2018 | Finecho