SEC Filing | Yield10 Bioscience, Inc.

View:

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

LASERSOHN JACK W

(Last)

(First)

(Middle)

C/O METABOLIX, INC.

21 ERIE STREET

(Street)

CAMBRIDGE

02139

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
METABOLIX, INC. [ MBLX ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
11/15/2006

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	11/15/2006		C		729,587	A	⁽¹⁾	893,382	I	By Vertical Fund I, L.P.⁽²⁾
Common Stock	11/15/2006		C		584,239	A	⁽¹⁾	666,542	I	By Vertical Fund II, L.P.⁽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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Series A Preferred Stock	⁽¹⁾	11/15/2006		C			65,902	⁽¹⁾	⁽¹⁾	Common Stock	53,861	$0	0	I	By Vertical Fund I, L.P.⁽²⁾
Series A Preferred Stock	⁽¹⁾	11/15/2006		C			66,098	⁽¹⁾	⁽¹⁾	Common Stock	54,021	$0	0	I	By Vertical Fund II, L.P.⁽²⁾
Series B Preferred Stock	⁽¹⁾	11/15/2006		C			94,687	⁽¹⁾	⁽¹⁾	Common Stock	77,387	$0	0	I	By Vertical Fund I, L.P.⁽²⁾
Series B Preferred Stock	⁽¹⁾	11/15/2006		C			104,313	⁽¹⁾	⁽¹⁾	Common Stock	85,255	$0	0	I	By Vertical Fund II, L.P.⁽²⁾
Series C Preferred Stock	⁽¹⁾	11/15/2006		C			88,627	⁽¹⁾	⁽¹⁾	Common Stock	72,434	$0	0	I	By Vertical Fund I, L.P.⁽²⁾
Series C Preferred Stock	⁽¹⁾	11/15/2006		C			128,373	⁽¹⁾	⁽¹⁾	Common Stock	104,919	$0	0	I	By Vertical Fund II, L.P.⁽²⁾
Series D Preferred Stock	⁽¹⁾	11/15/2006		C			45,450	⁽¹⁾	⁽¹⁾	Common Stock	37,146	$0	0	I	By Vertical Fund I, L.P.⁽²⁾
Series D Preferred Stock	⁽¹⁾	11/15/2006		C			56,550	⁽¹⁾	⁽¹⁾	Common Stock	46,218	$0	0	I	By Vertical Fund II, L.P.⁽²⁾
Series F Preferred Stock	⁽¹⁾	11/15/2006		C			24,520	⁽¹⁾	⁽¹⁾	Common Stock	20,040	$0	0	I	By Vertical Fund I, L.P.⁽²⁾
Series F Preferred Stock	⁽¹⁾	11/15/2006		C			12,480	⁽¹⁾	⁽¹⁾	Common Stock	10,199	$0	0	I	By Vertical Fund II, L.P.⁽²⁾
Series G Preferred Stock	⁽¹⁾	11/15/2006		C			35,638	⁽¹⁾	⁽¹⁾	Common Stock	29,126	$0	0	I	By Vertical Fund, I, L.P.⁽²⁾
Series G Preferred Stock	⁽¹⁾	11/15/2006		C			11,409	⁽¹⁾	⁽¹⁾	Common Stock	9,324	$0	0	I	By Vertical Fund II, L.P.⁽²⁾
Series 04 Preferred Stock	⁽¹⁾	11/15/2006		C			537,861	⁽¹⁾	⁽¹⁾	Common Stock	439,593	$0	0	I	By Vertical Fund I, L.P.⁽²⁾
Series 04 Preferred Stock	⁽¹⁾	11/15/2006		C			318,956	⁽¹⁾	⁽¹⁾	Common Stock	260,682	$0	0	I	By Vertical Fund II, L.P.⁽²⁾
Series 05 Preferred Stock	⁽¹⁾	11/15/2006		C			16,667	⁽¹⁾	⁽¹⁾	Common Stock	13,621	$0	0	I	By Vertical Fund II, L.P.⁽²⁾

Explanation of Responses:

1. The Issuer's preferred stock automatically converted into Common Stock on a .8173-for-1 basis upon the closing of the Issuer's initial public offering.

2. The reporting person is a general partner of The Vertical Group, L.P., the general partner of Vertical Fund I, L.P. and Vertical Fund II, L.P., and he disclaims beneficial ownership of the securities except to the extent of his indirect pecuniary interest therein. This report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for the purposes of Section 16 or for any other purpose.

	/s/ Sarah P. Cecil, attorney-in-fact	11/17/2006
	** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.