Beam Therapeutics Inc. - 21 Jun 2021 Form 4 Insider Report for Verve Therapeutics, Inc. (VERV)

Role
10%+ Owner
Signature
/s/ Christine Bellon, SVP and CLO
Issuer symbol
VERV
Transactions as of
21 Jun 2021
Net transactions value
$0
Form type
4
Filing time
23 Jun 2021, 16:30:16 UTC
Previous filing
16 Jun 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VERV Common Stock Conversion of derivative security +270,895 +98% 546,970 21 Jun 2021 Direct F1

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 VERV Series A Convertible Preferred Stock Conversion of derivative security -2,508,361 -100% 0 21 Jun 2021 Common Stock 270,895 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Beam Therapeutics Inc. is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 The convertible preferred stock automatically converted into shares of the Issuer's common stock, par value $0.001 per share, on a 9.2595-for-1 basis immediately prior to the closing of the Issuer's initial public offering. The preferred stock had no expiration date.