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*
ADVANCED TECHNOLOGY VENTURES VII LP
(Last) (First) (Middle)
1000 WINTER STREET
SUITE 3700
(Street)
WALTHAM MA 02451
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
CRITICAL THERAPEUTICS INC [ CRTX ] 		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)
06/20/2005
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 06/20/2005 P 1,027,702 A $5.48 2,554,802 I By Advanced Technology Ventures VII, L.P.(1)
Common Stock 06/20/2005 P 41,241 A $5.48 102,522 I By Advanced Technology Ventures VII (B), L.P.(2)
Common Stock 06/20/2005 P 19,823 A $5.48 49,279 I By Advanced Technology Ventures VII (C), L.P.(3)
Common Stock 06/20/2005 P 6,125 A $5.48 15,225 I By ATV Entrepreneurs VII, L.P.(4)
Common Stock 06/20/2005 P 171,533 A $5.48 427,315 I By Advanced Technology Ventures VI, L.P.(5)
Common Stock 06/20/2005 P 10,949 A $5.48 27,275 I By ATV Entrepreneurs VI, L.P.(6)
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
Common Stock Warrant (right to buy) $6.58 06/20/2005 A 359,696 06/20/2005 06/20/2015 Common Stock 359,696 $0.00 359,696 I By Advanced Technology Ventures VII, L.P.(1)
Common Stock Warrant (right to buy) $6.58 06/20/2005 A 14,434 06/20/2005 06/20/2015 Common Stock 14,434 $0.00 14,434 I By Advanced Technology Ventures VII (B), L.P.(2)
Common Stock Warrant (right to buy) $6.58 06/20/2005 A 6,938 06/20/2005 06/20/2015 Common Stock 6,938 $0.00 6,938 I By Advanced Technology Ventures VII (C), L.P.(3)
Common Stock Warrant (right to buy) $6.58 06/20/2005 A 2,144 06/20/2005 06/20/2015 Common Stock 2,144 $0.00 2,144 I By ATV Entrepreneurs VII, L.P.(4)
Common Stock Warrant (right to buy) $6.58 06/20/2005 A 60,037 06/20/2005 06/20/2015 Common Stock 60,037 $0.00 60,037 I By Advanced Technology Ventures VI, L.P.(5)
Common Stock Warrant (right to buy) $6.58 06/20/2005 A 3,832 06/20/2005 06/20/2015 Common Stock 3,832 $0.00 3,832 I By ATV Entrepreneurs VI, L.P.(6)
1. Name and Address of Reporting Person*
ADVANCED TECHNOLOGY VENTURES VII LP
(Last) (First) (Middle)
1000 WINTER STREET
SUITE 3700
(Street)
WALTHAM MA 02451
(City) (State) (Zip)
Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
Advanced Technology Ventures VII(B), L.P.
(Last) (First) (Middle)
1000 WINTER STREET
SUITE 3700
(Street)
WALTHAM MA 02451
(City) (State) (Zip)
Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
Advanced Technology Ventures VII(C), L.P.
(Last) (First) (Middle)
1000 WINTER STREET
SUITE 3700
(Street)
WALTHAM MA 02451
(City) (State) (Zip)
Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
ATV Entrepreneurs VII, L.P.
(Last) (First) (Middle)
1000 WINTER STREET
SUITE 3700
(Street)
WALTHAM MA 02451
(City) (State) (Zip)
Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
Advanced Technology Ventures VI, L.P.
(Last) (First) (Middle)
1000 WINTER STREET
SUITE 3700
(Street)
WALTHAM MA 02451
(City) (State) (Zip)
Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
ATV Entrepreneurs VI, L.P.
(Last) (First) (Middle)
1000 WINTER STREET
SUITE 3700
(Street)
WALTHAM MA 02451
(City) (State) (Zip)
Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
ATV Associates VII, L.L.C.
(Last) (First) (Middle)
1000 WINTER STREET
SUITE 3700
(Street)
WALTHAM MA 02451
(City) (State) (Zip)
Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
ATV Associates VI, L.L.C.
(Last) (First) (Middle)
1000 WINTER STREET
SUITE 3700
(Street)
WALTHAM MA 02451
(City) (State) (Zip)
Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
Explanation of Responses:
1. The shares are owned by Advanced Technology Ventures VII, L.P. ("ATV VII"), which is under common control with Advanced Technology Ventures VII (B), L.P. ("ATV VII(B)"), Advanced Technology Ventures VII (C), L.P. ("ATV VII(C)") and ATV Entrepreneurs VII, L.P. ("ATVE VII"). ATV Associates VII, L.L.C. serves as the sole general partner of ATV VII, ATV VII(B), ATV VII(C) and ATVE VII.
2. The shares are owned by ATV VII(B).
3. The shares are owned by ATV VII(C).
4. The shares are owned by ATVE VII.
5. The shares are owned by Advanced Technology Ventures VI, L.P. ("ATV VI"), which is under common control with ATV Entrepreneurs VI, L.P. ("ATVE VI"). ATV Associates VI, L.L.C. serves as the sole general partner of ATV VI and ATVE VI.
6. The shares are owned by ATVE VI.
/s/ Jean M. George, Managing Director of ATV Associates VII, L.L.C. 06/22/2005
/s/ Jean M. George, Managing Director of ATV Associates VII, L.L.C., which serves as the sole general partner of Advanced Technology Ventures VII, L.P. 06/22/2005
/s/ Jean M. George, Managing Director of ATV Associates VII, L.L.C., which serves as the sole general partner of Advanced Technology Ventures VII (B), L.P. 06/22/2005
/s/ Jean M. George, Managing Director of ATV Associates VII, L.L.C., which serves as the sole general partner of Advanced Technology Ventures VII (C), L.P. 06/22/2005
/s/ Jean M. George, Managing Director of ATV Associates VII, L.L.C., which serves as the sole general partner of ATV Entrepreneurs VII, L.P. 06/22/2005
/s/ Pieter J. Schiller, Managing Director of ATV Associates VI, L.L.C. 06/22/2005
/s/ Pieter J. Schiller, Managing Director of ATV Associates VI, L.L.C., which serves as the sole general partner of Advanced Technology Ventures VI, L.P. 06/22/2005
/s/ Pieter J. Schiller, Managing Director of ATV Associates VI, L.L.C., which serves as the sole general partner of ATV Entrepreneurs VI, L.P. 06/22/2005
** 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).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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