QUAKER BIOVENTURES II LP purchased 20.9% of their position (153.85K shares) of TELA BIO, INC. on the open market

Open‑market purchase worth $2.00M — a significant purchase. The strongest form of insider conviction signal.

P · 1 purchase

QUAKER BIOVENTURES II LP

Filed: 11/13/2019ACC: 0001192482-19-000430

InsiderQUAKER BIOVENTURES II LPCIK 1497725

→

IssuerTELA BIO, INC.CIK 1561921

10% Owner

Since Nov 2019

-21.17M

Net shares

Net seller

$2.00M

Total acquired

Open market trades

1B · 0S

Total transactions

1.02M acquired · 22.19M disposed

Non-Derivative Transactions3

Common Stock

Direct

P · Purchase

+153.85K

Price / share

$13.00

Trade value

$2M

% of position

20.9%

11/8/2019

734.82K→888.66K

Common Stock

Direct

C · Conversion

+345.49K

Price / share

—

Trade value

—

% of position

38.9%

11/13/2019

888.66K→1.23M

Common Stock

Direct

C · Conversion

+516.95K

Price / share

—

Trade value

—

% of position

41.9%

11/13/2019

1.23M→1.75M

Total

Net shares

+1.02M

Net value

$2M

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	11/8/2019	P · Purchase	+153.85K	$13.00	$2M	20.9%	734.82K	888.66K
Common Stock Direct	11/13/2019	C · Conversion	+345.49K	—	—	38.9%	888.66K	1.23M
Common Stock Direct	11/13/2019	C · Conversion	+516.95K	—	—	41.9%	1.23M	1.75M
Total			+1.02M		$2M

Derivative Transactions4

Series A Preferred Stock

Direct

C · Conversion

Converts to

Common Stock

345.49K shares

−8.53M

Strike price

Held after

0.00

Exercisable

—

11/13/2019

Series B Preferred Stock

Direct

C · Conversion

Converts to

Common Stock

516.95K shares

−12.76M

Strike price

Held after

0.00

Exercisable

—

11/13/2019

Warrant (right to buy)

Direct

C · Conversion

Converts to

Series B Preferred Stock

446.81K shares

−446.81K

Strike price

1.16

Held after

0.00

Exercisable

—

11/13/2019

Warrant (right to buy)

Direct

C · Conversion

Converts to

Common Stock

18.10K shares

−446.81K

Strike price

28.65

Held after

446.81K

Exercisable

—

11/13/2019

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Series A Preferred Stock Direct	Common Stock345.49K shares	11/13/2019	C · Conversion	−8.53M		—	0.00
Series B Preferred Stock Direct	Common Stock516.95K shares	11/13/2019	C · Conversion	−12.76M		—	0.00
Warrant (right to buy) Direct	Series B Preferred Stock446.81K shares	11/13/2019	C · Conversion	−446.81K	1.16	—	0.00
Warrant (right to buy) Direct	Common Stock18.10K shares	11/13/2019	C · Conversion	−446.81K	28.65	—	446.81K