Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | VERV | Common Stock | Conversion of derivative security | +556K | 556K | Jun 21, 2021 | See Footnote | F1, F2 | |||
transaction | VERV | Common Stock | Purchase | $7.03M | +370K | +66.51% | $19.00 | 926K | Jun 21, 2021 | See Footnote | F2 |
transaction | VERV | Common Stock | Conversion of derivative security | +153K | 153K | Jun 21, 2021 | See Footnote | F1, F3 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | VERV | Series B Preferred Stock | Conversion of derivative security | -5.15M | -100% | 0 | Jun 21, 2021 | Common Stock | 556K | See Footnote | F1, F2 | |||
transaction | VERV | Series B Preferred Stock | Conversion of derivative security | -1.42M | -100% | 0 | Jun 21, 2021 | Common Stock | 153K | See Footnote | F1, F3 |
Rock Springs Capital Management LP is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.
Id | Content |
---|---|
F1 | The Series B Preferred Stock converted into shares of the Issuer's common stock, $0.001 par value, on an approximately 9.2595:1 basis automatically immediately prior to the closing of the Issuer's initial public offering. The Series B Preferred Stock had no expiration date. |
F2 | The securities reported herein are held of record by Rock Springs Capital Master Fund LP ("Master Fund"). Rock Springs Capital LLC ("RSC") is the general partner of Rock Springs Capital Management LP ("RSCM") which is the investment manager to Master Fund. RSC and RSCM may therefore be deemed to have or share beneficial ownership of the shares held directly by Master Fund. |
F3 | The securities reported herein are held of record by Four Pines Master Fund LP ("Four Pines"). RSC is the general partner of RSCM which is the investment manager to Four Pines. RSC and RSCM may therefore be deemed to have or share beneficial ownership of the shares held directly by Four Pines. |