ZUGA MATT purchased 49.3% of their position (86.12K shares) of TELA BIO, INC. on the open market

Open‑market purchase worth $1.12M — a major conviction buy. The strongest form of insider conviction signal.

P · 2 purchases

ZUGA MATT

Filed: 11/13/2019ACC: 0001192482-19-000428

InsiderZUGA MATTCIK 1790214

→

IssuerTELA BIO, INC.CIK 1561921

Director

Since Nov 2019

-5.62M

Net shares

Net seller

$1.12M

Total acquired

Open market trades

2B · 0S

Total transactions

452.44K acquired · 6.08M disposed

Non-Derivative Transactions6

Common Stock

Indirect

P · Purchase

+10.22K

Price / share

$13.00

Trade value

$132.86K

% of position

416.3%

11/8/2019

2.46K→12.68K

Common Stock

Indirect

P · Purchase

+75.90K

Price / share

$13.00

Trade value

$986.71K

% of position

41.0%

11/8/2019

184.91K→260.81K

Common Stock

Indirect

C · Conversion

+269.00

Price / share

—

Trade value

—

% of position

2.1%

11/13/2019

12.68K→12.94K

Common Stock

Indirect

C · Conversion

+2.93K

Price / share

—

Trade value

—

% of position

22.6%

11/13/2019

12.94K→15.88K

Common Stock

Indirect

C · Conversion

+19.98K

Price / share

—

Trade value

—

% of position

7.7%

11/13/2019

260.81K→280.79K

Common Stock

Indirect

C · Conversion

+217.82K

Price / share

—

Trade value

—

% of position

77.6%

11/13/2019

280.79K→498.61K

Total

Net shares

+327.12K

Net value

$1.12M

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Indirect	11/8/2019	P · Purchase	+10.22K	$13.00	$132.86K	416.3%	2.46K	12.68K
Common Stock Indirect	11/8/2019	P · Purchase	+75.90K	$13.00	$986.71K	41.0%	184.91K	260.81K
Common Stock Indirect	11/13/2019	C · Conversion	+269.00	—	—	2.1%	12.68K	12.94K
Common Stock Indirect	11/13/2019	C · Conversion	+2.93K	—	—	22.6%	12.94K	15.88K
Common Stock Indirect	11/13/2019	C · Conversion	+19.98K	—	—	7.7%	260.81K	280.79K
Common Stock Indirect	11/13/2019	C · Conversion	+217.82K	—	—	77.6%	280.79K	498.61K
Total			+327.12K		$1.12M

Derivative Transactions8

Series A Preferred Stock

Indirect

C · Conversion

Converts to

Common Stock

19.98K shares

−493.36K

Strike price

Held after

0.00

Exercisable

—

11/13/2019

Series A Preferred Stock

Indirect

C · Conversion

Converts to

Common Stock

269.00 shares

−6.64K

Strike price

Held after

0.00

Exercisable

—

11/13/2019

Series B Preferred Stock

Indirect

C · Conversion

Converts to

Common Stock

217.82K shares

−5.38M

Strike price

Held after

0.00

Exercisable

—

11/13/2019

Series B Preferred Stock

Indirect

C · Conversion

Converts to

Common Stock

2.93K shares

−72.42K

Strike price

Held after

0.00

Exercisable

—

11/13/2019

Warrant (right to buy)

Indirect

C · Conversion

Converts to

Series B Preferred Stock

123.65K shares

−123.65K

Strike price

1.16

Held after

0.00

Exercisable

—

11/13/2019

Warrant (right to buy)

Indirect

C · Conversion

Converts to

Common Stock

5.01K shares

+123.65K

Strike price

28.65

Held after

123.65K

Exercisable

—

11/13/2019

Warrant (right to buy)

Indirect

C · Conversion

Converts to

Series B Preferred Stock

1.67K shares

−1.67K

Strike price

1.16

Held after

0.00

Exercisable

—

11/13/2019

Warrant (right to buy)

Indirect

C · Conversion

Converts to

Common Stock

67.00 shares

+1.67K

Strike price

28.65

Held after

1.67K

Exercisable

—

11/13/2019

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Series A Preferred Stock Indirect	Common Stock19.98K shares	11/13/2019	C · Conversion	−493.36K		—	0.00
Series A Preferred Stock Indirect	Common Stock269.00 shares	11/13/2019	C · Conversion	−6.64K		—	0.00
Series B Preferred Stock Indirect	Common Stock217.82K shares	11/13/2019	C · Conversion	−5.38M		—	0.00
Series B Preferred Stock Indirect	Common Stock2.93K shares	11/13/2019	C · Conversion	−72.42K		—	0.00
Warrant (right to buy) Indirect	Series B Preferred Stock123.65K shares	11/13/2019	C · Conversion	−123.65K	1.16	—	0.00
Warrant (right to buy) Indirect	Common Stock5.01K shares	11/13/2019	C · Conversion	+123.65K	28.65	—	123.65K
Warrant (right to buy) Indirect	Series B Preferred Stock1.67K shares	11/13/2019	C · Conversion	−1.67K	1.16	—	0.00
Warrant (right to buy) Indirect	Common Stock67.00 shares	11/13/2019	C · Conversion	+1.67K	28.65	—	1.67K