Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
SLATTERY JOSEPH P
  2. Issuer Name and Ticker or Trading Symbol
TRANSENTERIX INC. [TRXC]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
EVP and CFO
(Last)
(First)
(Middle)
C/O TRANSENTERIX, INC., 635 DAVIS DRIVE, SUITE 300
3. Date of Earliest Transaction (Month/Day/Year)
10/01/2018
(Street)

MORRISVILLE, NC 27560
4. If Amendment, Date 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
(City)
(State)
(Zip)
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 (1) 10/01/2018   M   11,951 A $ 1.42 11,951 D  
Common Stock (1) 10/01/2018   M   9,375 A $ 1.53 21,326 D  
Common Stock (1) 10/01/2018   M   6,250 A $ 2.45 27,576 D  
Common Stock (1) 10/01/2018   M   11,250 A $ 2.94 38,826 D  
Common Stock (1) 10/01/2018   M   13,750 A $ 3.82 52,576 D  
Common Stock (1) 10/01/2018   M   3,575 A $ 4.02 56,151 D  
Common Stock (1) 10/01/2018   S   56,151 D $ 5.73 (2) 0 D  
Common Stock (1) 10/02/2018   M   8,500 A $ 1.42 8,500 D  
Common Stock (1) 10/02/2018   S   8,500 D $ 5.77 (3) 0 D  
Common Stock (4)               25,000 I By IRA

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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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 Underlying Securities
(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 of Derivative Security: 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
Stock Option (1) $ 1.42 10/01/2018   M     11,951   (5) 02/02/2027 Common Stock 11,951 $ 0 245,334 D  
Stock Option (1) $ 1.53 10/01/2018   M     9,375   (5) 10/25/2026 Common Stock 9,375 $ 0 78,125 D  
Stock Option (1) $ 2.45 10/01/2018   M     6,250   (5) 10/28/2025 Common Stock 6,250 $ 0 27,084 D  
Stock Option (1) $ 2.94 10/01/2018   M     11,250   (5) 02/04/2025 Common Stock 11,250 $ 0 28,126 D  
Stock Option (1) $ 3.82 10/01/2018   M     13,750   (5) 02/12/2026 Common Stock 13,750 $ 0 116,875 D  
Stock Option (1) $ 4.02 10/01/2018   M     3,575   (6) 04/21/2024 Common Stock 3,575 $ 0 461,426 D  
Stock Option (1) $ 1.42 10/02/2018   M     8,500   (5) 02/02/2027 Common Stock 8,500 $ 0 236,834 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
SLATTERY JOSEPH P
C/O TRANSENTERIX, INC.
635 DAVIS DRIVE, SUITE 300
MORRISVILLE, NC 27560
      EVP and CFO  

Signatures

 /s/ Joshua Weingard, as Attorney-in-Fact for Joseph Slattery   10/03/2018
**Signature of Reporting Person Date

Explanation of Responses:

* 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).
(1) The transaction occurred pursuant to a written trading plan dated November 29, 2017 meeting the requirements of Rule 10b5-1(c).
(2) The sale price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.64 to $5.805 inclusive. The reporting person undertakes to provide to TransEnterix, Inc., any security holder of TransEnterix, Inc. 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 ranges set forth in this footnote to this Form 4.
(3) The sale price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.75 to $5.78. inclusive. The reporting person undertakes to provide to TransEnterix, Inc., any security holder of TransEnterix, Inc. 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 ranges set forth in this footnote to this Form 4.
(4) Following the sales on October 1, 2018, the reporting person continues to beneficially own 25,000 shares of the company's common stock. The reporting person also holds stock options to acquire 1,749,470 shares of common stock, of which approximately 26% are vested, and restricted stock units representing an additional 595,777 shares of common stock subject to forfeiture restrictions.
(5) Vests 25% on the first anniversary of the date of grant and 1/48th of the entire award monthly on the vesting date anniversary for 36 months, subject to acceleration as set forth in the Incentive Plan and the reporting person's Employment Agreement with the Company.
(6) Fully vested.

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