SEC FORM 4 SEC Form 4
FORM 4 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
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Index Venture Associates III Ltd

(Last) (First) (Middle)
C/O EFG WEALTH SOLUTIONS (JERSEY) LTD.
5TH FLOOR, 44 ESPLANADE

(Street)
ST. HELIER Y9 JE1 3FG

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Minerva Neurosciences, Inc. [ NERV ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director X 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
06/13/2019
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
X Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 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 06/13/2019 S 53,298(1) D $4.5133(2) 4,338,094(3) I See Footnote(4)
Common Stock 06/14/2019 S 25,169(5) D $4.4971(6) 4,312,925(7) I See Footnote(4)
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 (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 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 (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (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: 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
1. Name and Address of Reporting Person*
Index Venture Associates III Ltd

(Last) (First) (Middle)
C/O EFG WEALTH SOLUTIONS (JERSEY) LTD.
5TH FLOOR, 44 ESPLANADE

(Street)
ST. HELIER Y9 JE1 3FG

(City) (State) (Zip)
1. Name and Address of Reporting Person*
Index Venture Associates IV Ltd

(Last) (First) (Middle)
C/O INTERTRUST FUND SERVICES (JERSEY)
LIMITED, 44 ESPLANADE

(Street)
ST. HELIER Y9 JE4 9WG

(City) (State) (Zip)
1. Name and Address of Reporting Person*
Index Venture Associates V Ltd

(Last) (First) (Middle)
C/O INTERTRUST FUND SERVICES (JERSEY)
LIMITED, 44 ESPLANADE

(Street)
ST. HELIER Y9 JE4 9WG

(City) (State) (Zip)
1. Name and Address of Reporting Person*
Yucca (Jersey) SLP

(Last) (First) (Middle)
C/O INTERTRUST EMPLOYEE BENEFIT SERVICES
LTD., 44 ESPLANADE

(Street)
ST. HELIER Y9 JE4 9WG

(City) (State) (Zip)
Explanation of Responses:
1. Represents 9,238 shares sold by Index Ventures III (Jersey), L.P. ("Index III Jersey"), 18,767 shares sold by Index Ventures III (Delaware), L.P. ("Index III Delaware"), 334 shares sold by Index Ventures III Parallel Entrepreneur Fund (Jersey) L.P. ("Index III Parallel" and, together with Index III Jersey and Index III Delaware, the "Index III Funds"), 12,833 shares sold by Index Ventures IV (Jersey) L.P. ("Index IV Jersey"), 1,218 shares sold by Index Ventures IV Parallel Entrepreneur Fund (Jersey) L.P. ("Index IV Parallel" and, together with Index IV Jersey, the "Index IV Funds"), 10,148 shares sold by Index Ventures V (Jersey), L.P. ("Index V Jersey"), 83 shares sold by Index Ventures V Parallel Entrepreneur Fund (Jersey), L.P. ("Index V Parallel" and, together with Index V Jersey, the "Index V Funds") and 677 shares sold by Yucca (Jersey) SLP ("Yucca Jersey").
2. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.46 to $4.595. The reporting persons undertake to provide to the issuer, any security holder of the issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
3. Represents 751,939 shares held directly by Index III Jersey, 1,527,487 shares held directly by Index III Delaware, 27,211 shares held directly by Index III Parallel, 1,044,525 shares held directly by Index IV Jersey, 99,145 shares held directly by Index IV Parallel, 826,021 shares held directly by Index V Jersey, 6,693 shares held directly by Index V Parallel and 55,073 shares held directly by Yucca Jersey.
4. Index Venture Associates III Ltd. ("Index III GP") is the general partner of the Index III Funds, Index Venture Associates IV Ltd. ("Index IV GP") is the general partner of the Index IV Funds and Index Venture Associates V Ltd. ("Index V GP") is the general partner of the Index V Funds. Yucca (Jersey) SLP is the Administrator of the Index Co-Investment Scheme acting through Intertrust Employee Benefit Services Limited. Each of Index III GP, Index IV GP and Index V GP disclaims Section 16 beneficial ownership of the securities held by the Index III Funds, Index IV Funds and Index V Funds, respectively, and the shares held by Yucca Jersey, except to the extent of its respective pecuniary interest therein, if any, and this report shall not be deemed an admission that Index III GP, Index IV GP or Index V GP is the beneficial owner of such securities for Section 16 or any other purpose.
5. Represents 4,363 shares sold by Index III Jersey, 8,862 shares sold by Index III Delaware, 158 shares sold by Index III Parallel, 6,060 shares sold by Index IV Jersey, 575 shares sold by Index IV Parallel, 4,792 shares sold by Index V Jersey, 39 shares sold by Index V Parallel and 320 shares sold by Yucca Jersey.
6. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.40 to $4.60. The reporting persons undertake to provide to the issuer, any security holder of the issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
7. Represents 747,576 shares held directly by Index III Jersey, 1,518,625 shares held directly by Index III Delaware, 27,053 shares held directly by Index III Parallel, 1,038,465 shares held directly by Index IV Jersey, 98,570 shares held directly by Index IV Parallel, 821,229 shares held directly by Index V Jersey, 6,654 shares held directly by Index V Parallel and 54,753 shares held directly by Yucca Jersey.
Remarks:
Index Venture Associates III Ltd., By: /s/ Nigel Greenwood, Director 06/17/2019
Index Venture Associates IV Ltd., By: /s/ Michael Johnson, Director 06/17/2019
Index Venture Associates V Ltd., By: /s/ Michael Johnson, Director 06/17/2019
YUCCA (JERSEY) SLP, By: Intertrust Employee Benefit Services Ltd., as authorized signatory of Yucca (Jersey) SLP in its capacity as Administrator of the Index Co-Investment Scheme, By: /s/ Sarah Earles, /s/ Michael Johnson, Its: Authorized Signatories 06/17/2019
** Signature of Reporting Person Date
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