NOVO HOLDINGS A/S purchased 39.3% of their position (580K shares) of MINERVA SURGICAL INC on the open market

Open‑market purchase worth $6.96M — a major conviction buy. The strongest form of insider conviction signal.

P · 1 purchase

NOVO HOLDINGS A/S

Filed: 10/27/2021ACC: 0001209191-21-061795

InsiderNOVO HOLDINGS A/SCIK 1388325

→

IssuerMINERVA SURGICAL INCCIK 1452965

10% Owner

Since Oct 2021

+1.17M

Net shares

Net buyer

$6.96M

Total acquired

Open market trades

1B · 0S

Total transactions

2.06M acquired · 884.48K disposed

Non-Derivative Transactions3

COMMON STOCK

Direct

C · Conversion

+884.48K

Price / share

—

Trade value

—

% of position

New position

10/26/2021

0.00→884.48K

COMMON STOCK

Direct

C · Conversion

+592.65K

Price / share

—

Trade value

—

% of position

67.0%

10/26/2021

884.48K→1.48M

COMMON STOCK

Direct

P · Purchase

+580K

Price / share

$12.00

Trade value

$6.96M

% of position

39.3%

10/26/2021

1.48M→2.06M

Total

Net shares

+2.06M

Net value

$6.96M

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
COMMON STOCK Direct	10/26/2021	C · Conversion	+884.48K	—	—	New position	0.00	884.48K
COMMON STOCK Direct	10/26/2021	C · Conversion	+592.65K	—	—	67.0%	884.48K	1.48M
COMMON STOCK Direct	10/26/2021	P · Purchase	+580K	$12.00	$6.96M	39.3%	1.48M	2.06M
Total			+2.06M		$6.96M

Derivative Transactions2

SERIES D REDEEMABLE CONVERTIBLE PREFERRED STOCK

Direct

C · Conversion

Converts to

COMMON STOCK

884.48K shares

−884.48K

Strike price

Held after

0.00

Exercisable

—

10/26/2021

SUBORDINATED SECURED CONVERTIBLE PROMISSORY NOTES

Direct

C · Conversion

Converts to

COMMON STOCK

592.65K shares

−N/A

Strike price

Held after

0.00

Exercisable

—

10/26/2021

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
SERIES D REDEEMABLE CONVERTIBLE PREFERRED STOCK Direct	COMMON STOCK884.48K shares	10/26/2021	C · Conversion	−884.48K		—	0.00
SUBORDINATED SECURED CONVERTIBLE PROMISSORY NOTES Direct	COMMON STOCK592.65K shares	10/26/2021	C · Conversion	−N/A		—	0.00