Clarus Defined Exit I, L.P. - 11 May 2021 Form 4 Insider Report for Talaris Therapeutics, Inc. (TRML)

Role
10%+ Owner
Signature
CLARUS DEFINED EXIT I, L.P., By: Clarus Ventures DE GP, L.P., its GP, By: Blackstone Clarus DE L.L.C., its GP, By: Blackstone Holdings II L.P., its sole member, By: Blackstone Holdings I/II GP L.L.C., its GP, By: /s/ Tabea Hsi, Senior Managing Director
Issuer symbol
TRML
Transactions as of
11 May 2021
Net transactions value
+$510,000
Form type
4
Filing time
13 May 2021, 21:59:55 UTC
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TALS Common Stock Conversion of derivative security +4,859,812 4,859,812 11 May 2021 See Footnotes F1, F2, F11, F12, F13, F14
transaction TALS Common Stock Conversion of derivative security +690,150 690,150 11 May 2021 See Footnotes F1, F3, F9, F11, F12, F13, F14
transaction TALS Common Stock Conversion of derivative security +276,060 276,060 11 May 2021 See Footnotes F1, F4, F9, F11, F12, F13, F14
transaction TALS Common Stock Conversion of derivative security +557,546 557,546 11 May 2021 See Footnotes F1, F5, F10, F11, F12, F13, F14
transaction TALS Common Stock Conversion of derivative security +363,433 363,433 11 May 2021 See Footnotes F1, F6, F10, F11, F12, F13, F14
transaction TALS Common Stock Conversion of derivative security +670,347 670,347 11 May 2021 See Footnotes F1, F7, F10, F11, F12, F13, F14
transaction TALS Common Stock Conversion of derivative security +134,047 134,047 11 May 2021 See Footnotes F1, F8, F10, F11, F12, F13, F14
transaction TALS Common Stock Conversion of derivative security +130,236 +19% 820,386 11 May 2021 See Footnotes F1, F3, F9, F11, F12, F13, F14
transaction TALS Common Stock Conversion of derivative security +52,094 +19% 328,154 11 May 2021 See Footnotes F1, F4, F9, F11, F12, F13, F14
transaction TALS Common Stock Conversion of derivative security +105,213 +19% 662,759 11 May 2021 See Footnotes F1, F5, F10, F11, F12, F13, F14
transaction TALS Common Stock Conversion of derivative security +68,582 +19% 432,015 11 May 2021 See Footnotes F1, F6, F10, F11, F12, F13, F14
transaction TALS Common Stock Conversion of derivative security +126,499 +19% 796,846 11 May 2021 See Footnotes F1, F7, F10, F11, F12, F13, F14
transaction TALS Common Stock Conversion of derivative security +25,296 +19% 159,343 11 May 2021 See Footnotes F1, F8, F10, F11, F12, F13, F14
transaction TALS Common Stock Purchase $270,606 +15,918 +0.33% $17.00* 4,875,730 11 May 2021 See Footnotes F2, F11, F12, F13, F14
transaction TALS Common Stock Purchase $61,387 +3,611 +0.44% $17.00* 823,997 11 May 2021 See Footnotes F3, F9, F11, F12, F13, F14
transaction TALS Common Stock Purchase $24,548 +1,444 +0.44% $17.00* 329,598 11 May 2021 See Footnotes F4, F9, F11, F12, F13, F14
transaction TALS Common Stock Purchase $49,589 +2,917 +0.44% $17.00* 665,676 11 May 2021 See Footnotes F5, F10, F11, F12, F13, F14
transaction TALS Common Stock Purchase $32,334 +1,902 +0.44% $17.00* 433,917 11 May 2021 See Footnotes F6, F10, F11, F12, F13, F14
transaction TALS Common Stock Purchase $59,619 +3,507 +0.44% $17.00* 800,353 11 May 2021 See Footnotes F7, F10, F11, F12, F13, F14
transaction TALS Common Stock Purchase $11,917 +701 +0.44% $17.00* 160,044 11 May 2021 See Footnotes F8, F10, F11, F12, F13, F14

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction TALS Series A Convertible Preferred Stock Conversion of derivative security -26,000,000 -100% 0 11 May 2021 Common Stock 4,859,812 See Footnotes F1, F2, F11, F12, F13, F14
transaction TALS Series A-1 Convertible Preferred Stock Conversion of derivative security -3,692,307 -100% 0 11 May 2021 Common Stock 690,150 See Footnotes F1, F3, F9, F11, F12, F13, F14
transaction TALS Series A-1 Convertible Preferred Stock Conversion of derivative security -1,476,924 -100% 0 11 May 2021 Common Stock 276,060 See Footnotes F1, F4, F9, F11, F12, F13, F14
transaction TALS Series A-1 Convertible Preferred Stock Conversion of derivative security -2,982,874 -100% 0 11 May 2021 Common Stock 557,546 See Footnotes F1, F5, F10, F11, F12, F13, F14
transaction TALS Series A-1 Convertible Preferred Stock Conversion of derivative security -1,944,371 -100% 0 11 May 2021 Common Stock 363,433 See Footnotes F1, F6, F10, F11, F12, F13, F14
transaction TALS Series A-1 Convertible Preferred Stock Conversion of derivative security -3,586,364 -100% 0 11 May 2021 Common Stock 670,347 See Footnotes F1, F7, F10, F11, F12, F13, F14
transaction TALS Series A-1 Convertible Preferred Stock Conversion of derivative security -717,160 -100% 0 11 May 2021 Common Stock 134,047 See Footnotes F1, F8, F10, F11, F12, F13, F14
transaction TALS Series B Convertible Preferred Stock Conversion of derivative security -696,767 -100% 0 11 May 2021 Common Stock 130,236 See Footnotes F1, F3, F9, F11, F12, F13, F14
transaction TALS Series B Convertible Preferred Stock Conversion of derivative security -278,707 -100% 0 11 May 2021 Common Stock 52,094 See Footnotes F1, F4, F9, F11, F12, F13, F14
transaction TALS Series B Convertible Preferred Stock Conversion of derivative security -562,891 -100% 0 11 May 2021 Common Stock 105,213 See Footnotes F1, F5, F10, F11, F12, F13, F14
transaction TALS Series B Convertible Preferred Stock Conversion of derivative security -366,918 -100% 0 11 May 2021 Common Stock 68,582 See Footnotes F1, F6, F10, F11, F12, F13, F14
transaction TALS Series B Convertible Preferred Stock Conversion of derivative security -676,774 -100% 0 11 May 2021 Common Stock 126,499 See Footnotes F1, F7, F10, F11, F12, F13, F14
transaction TALS Series B Convertible Preferred Stock Conversion of derivative security -135,334 -100% 0 11 May 2021 Common Stock 25,296 See Footnotes F1, F8, F10, F11, F12, F13, F14
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each share of the Issuer's Series A Convertible Preferred Stock, Series A-1 Convertible Preferred Stock and Series B Convertible Preferred Stock automatically converted on a 1-for-5.35 basis into common stock of the Issuer upon the closing of the Issuer's initial public offering.
F2 Reflects securities held directly by Clarus Lifesciences III, L.P. Clarus Ventures III GP, L.P. is the general partner of Clarus Lifesciences III, L.P. Blackstone Clarus III L.L.C. is the general partner of Clarus Ventures III GP, L.P. The sole member of Blackstone Clarus III L.L.C. is Blackstone Holdings II L.P.
F3 Reflects securities held directly by Clarus Defined Exit I, L.P.
F4 Reflects securities held directly by Clarus DE II, L.P.
F5 Reflects securities held directly by Clarus IV-A, L.P.
F6 Reflects securities held directly by Clarus IV-B, L.P.
F7 Reflects securities held directly by Clarus IV-C, L.P.
F8 Reflects securities held directly by Clarus IV-D, L.P.
F9 Clarus Ventures DE GP, L.P. is the general partner of each of Clarus Defined Exit I, L.P. and Clarus DE II, L.P. Blackstone Clarus DE L.L.C. is the general partner of Clarus Ventures DE GP, L.P. The sole member of Blackstone Clarus DE L.L.C. is Blackstone Holdings II L.P.
F10 Clarus IV GP, L.P. is the general partner of each of Clarus IV-A, L.P., Clarus IV-B, L.P., Clarus IV-C, L.P. and Clarus IV-D, L.P. Blackstone Clarus GP L.P. is the general partner of Clarus IV GP, L.P. Blackstone Clarus GP L.L.C. is the general partner of Blackstone Clarus GP L.P. The sole member of Blackstone Clarus GP L.L.C. is Blackstone Holdings I L.P.
F11 The general partner of each of Blackstone Holdings I L.P. and Blackstone Holdings II L.P. is Blackstone Holdings I/II GP L.L.C. The sole member of Blackstone Holdings I/II GP L.L.C. is The Blackstone Group Inc. The sole holder of the Series II preferred stock of The Blackstone Group Inc. is Blackstone Group Management L.L.C. Blackstone Group Management L.L.C. is wholly-owned by Blackstone's senior managing directors and controlled by its founder, Stephen A. Schwarzman.
F12 Due to the limitations of the electronic filing system certain Reporting Persons are filing a separate Form 3.
F13 Information with respect to each of the Reporting Persons is given solely by such Reporting Person, and no Reporting Person has responsibility for the accuracy or completeness of information supplied by another Reporting Person.
F14 Each of the Reporting Persons (other than to the extent it directly holds securities reported herein) disclaims beneficial ownership of the securities held by the other Reporting Persons, except to the extent of such Reporting Person's pecuniary interest therein, and, pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, each of the Reporting Persons (other than to the extent it directly holds securities reported herein) states that the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or for any other purpose.