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*
SOFINNOVA VENTURE PARTNERS VI L P

(Last) (First) (Middle)
140 GEARY STREET, 10TH FLOOR

(Street)
SAN FRANCISCO CA 94108

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Anthera Pharmaceuticals Inc [ ANTH ]
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)
03/04/2010
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
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 03/04/2010 C 384,175 A (1) 384,175 D(2)
Common Stock 03/04/2010 C 828,323 A (3) 1,212,498 D(2)
Common Stock 03/04/2010 C 864,855 A (4) 2,077,353 D(2)
Common Stock 03/04/2010 C(8) 236,032 A $5.25 2,313,385 D(2)
Common Stock 03/04/2010 C(8) 350,056 A $5.25 2,663,441 D(2)
Common Stock 03/04/2010 C(8) 155,127 A $6.58 2,818,568 D(2)
Common Stock 03/04/2010 A 744,496 A $6.58 3,563,064 D(2)
Common Stock 03/04/2010 A 420,166 A $7 3,983,230 D(2)
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
Series A-2 Convertible Preferred Stock (1) 03/04/2010 C 384,175 (1) (5) Common Stock 384,175 (1) 0 D(2)
Series B-1 Convertible Preferred Stock (3) 03/04/2010 C 828,323 (3) (5) Common Stock 828,323 (3) 0 D(2)
Series B-2 Convertible Preferred Stock (4) 03/04/2010 C 864,855 (4) (5) Common Stock 864,855 (4) 0 D(2)
Stock Purchase Warrant $7 03/04/2010 A 42,167 (6) 07/17/2014 Common Stock 42,167 $0 42,167 D(2)
Stock Purchase Warrant $7 03/04/2010 A 63,251 (7) 09/09/2014 Common Stock 63,251 $0 63,251 D(2)
Explanation of Responses:
1. Each share of Series A-2 Convertible Preferred Stock was automatically converted into one share of Common Stock upon the closing of the Issuer's initial public offering.
2. Shares are held by Sofinnova Venture Partners VI, L.P. ("SV VI"). Sofinnova Management VI, L.L.C. ("SV VI LLC") is the general partner of SV VI, and James I. Healy, a director of the issuer, Michael F. Powell, Alain L. Azan and Eric P. Buatois, the managing members of SV VI LLC, may be deemed to share voting and dispositive power over the shares held by SV VI. Such persons and entities disclaim beneficial ownership of shares held by SV VI except to the extent of any pecuniary interest therein.
3. Each share of Series B-1 Convertible Preferred Stock was automatically converted into one share of Common Stock upon the closing of the Issuer's initial public offering.
4. Each share of Series B-2 Convertible Preferred Stock was automatically converted into one share of Common Stock upon the closing of the Issuer's initial public offering.
5. The Series A-2, Series B-1 and Series B-2 Convertible Preferred Stock have no expiration date.
6. The warrants were issued on July 17, 2009 and are immediately exercisable, subject to the satisfaction of certain conditions.
7. The warrants were issued on September 9, 2009 and are immediately exercisable, subject to the satisfaction of certain conditions.
8. The Common Stock was acquired upon conversion of a Senior Secured Convertible Promissory Note exempt from the definition of a derivative security and whose conversion ratio did not become fixed until automatic conversion at the time of the closing of the Issuer's initial public offering.
SOFINNOVA VENTURE PARTNERS VI, L.P., By Sofinnova Management VI, L.L.C. 03/08/2010
By: Nathalie Auber, Attorney-in-Fact for James I. Healy, M.D., Ph.D., Managing Member 03/08/2010
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
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