SEC FORM 3 SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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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1. Name and Address of Reporting Person*
Farabaugh Brett

(Last) (First) (Middle)
635 DAVIS DRIVE
SUITE 300

(Street)
MORRISVILLE NC 27560

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
01/02/2020
3. Issuer Name and Ticker or Trading Symbol
TRANSENTERIX, INC. [ TRXC ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Interim CFO
5. 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 Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock 0 D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
Remarks:
No securities are beneficially owned. Exhibit List Exhibit 24 Power of Attorney
/s/Joshua Weingard, as Attorney-in-Fact for Brett Farabaugh 01/06/2020
** 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 5 (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.
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Exhibit 24

                               POWER OF ATTORNEY
                         For Executing Forms 3, 4 and 5

       Know all persons by these presents, that the undersigned hereby
constitutes and appoints Joshua Weingard his true and lawful attorney-in-fact
to:

       (1) prepare and/or execute for and on behalf of the undersigned, in the
           undersigned's capacity as a director of TransEnterix, Inc. (the
           "Company"), Forms 3, 4 and 5 to report transactions in the Company's
           securities reportable by the undersigned in accordance with the
           provisions of Section 16(a) of the Securities Exchange Act of 1934,
           as amended and the rules and regulations promulgated thereunder;

       (2) do and perform any and all acts for and on behalf of the undersigned
           which may be necessary or desirable to complete the preparation and
           execution of any such Form 3, 4 or 5, and any amendment thereto, and
           the timely filing of any such Form 3, 4 or 5, and any amendment
           thereto, with the United States Securities and Exchange Commission
           and any other authority, it being understood that the documents
           executed by such attorney-in- fact on behalf of the undersigned
           pursuant to this Power of Attorney shall be in such form and shall
           contain such terms and conditions as such attorney-in-fact may
           approve in his or her discretion; and

       (3) resign as attorney-in-fact and appoint, as a replacement attorney-in-
           fact, any employee of the Company's legal or finance department at
           the time of such resignation; provided that such resigning and
           replacement attorneys-in-fact shall send notice to the undersigned of
           any such replacement.

       The undersigned hereby grants to each such attorney-in-fact full power
and authority to do and perform all and every act and thing whatsoever
requisite, necessary and proper to be done in the exercise of any of the rights
and powers herein granted, as fully to all intents and purposes as the
undersigned might or could do if personally present, with full power of
substitution or revocation, hereby ratifying and confirming all that such
attorney-in-fact, or any replacement attorney-in-fact, shall lawfully do or
cause to be done by virtue of this Power of Attorney and the rights and powers
herein granted.  The undersigned acknowledges that the foregoing attorneys-in-
fact, and any replacement attorneys-in-fact, in serving in such capacity at the
request of the undersigned, are not assuming, nor is the Company assuming, any
of the undersigned's responsibilities to comply with Section 16 of the
Securities Exchange Act of 1934, as amended or the rules and regulations
promulgated thereunder.

       This Power of Attorney shall remain in full force and effect until the
undersigned is no longer required to file Forms 3, 4 and 5 with respect to the
undersigned's holdings of and transactions in securities issued by the Company,
unless earlier revoked by the undersigned in a signed writing delivered to the
foregoing attorneys-in-fact.

       IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to
be executed as of this 3rd of January, 2020.


                                             /s/ Brett Farabaugh
                                             Signature

                                             Brett Farabaugh
                                             Print Name