Bradley J. Bolzon PhD - 28 Jun 2021 Form 4 Insider Report for Monte Rosa Therapeutics, Inc. (GLUE)

Signature
/s/ Ajim Tamboli, Attorney-in-Fact
Issuer symbol
GLUE
Transactions as of
28 Jun 2021
Net transactions value
+$3,000,005
Form type
4
Filing time
30 Jun 2021, 17:05:14 UTC
Previous filing
23 Jun 2021
Next filing
21 Jul 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GLUE Common Stock Conversion of derivative security +6,515,869 +2300% 6,799,115 28 Jun 2021 By Versant Venture Capital VI, L.P. F1, F2
transaction GLUE Common Stock Conversion of derivative security +1,940,043 1,940,043 28 Jun 2021 By Versant Vantage I, L.P. F1, F3
transaction GLUE Common Stock Purchase $3,000,005 +157,895 +8.1% $19.00 2,097,938 28 Jun 2021 By Versant Vantage I, L.P. F3

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 GLUE Series A convertible preferred stock Conversion of derivative security -20,004,280 -100% 0 28 Jun 2021 Common Stock 5,666,131 By Versant Capital VI, L.P. F1, F2
transaction GLUE Series B convertible preferred stock Conversion of derivative security -3,000,000 -100% 0 28 Jun 2021 Common Stock 849,738 By Versant Capital VI, L.P. F1, F2
transaction GLUE Series B convertible preferred stock Conversion of derivative security -4,150,000 -100% 0 28 Jun 2021 Common Stock 1,175,470 By Versant Vantage I, L.P. F1, F3
transaction GLUE Series C convertible preferred stock Conversion of derivative security -2,699,328 -100% 0 28 Jun 2021 Common Stock 764,573 By Versant Vantage I, L.P. F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each share of Series A convertible preferred stock, Series B convertible preferred stock and Series C convertible preferred stock (collectively, the "Preferred Stock") was convertible at any time at the holder's election and automatically upon the closing of the Issuer's initial public offering. The Preferred Stock converted into Common Stock on a 3.5305-for-one basis upon the closing of the Issuer's initial public offering without payment or additional consideration. The Preferred Stock had no expiration date.
F2 Shares held by Versant Venture Capital VI, L.P. ("Versant VI"). Versant Ventures VI GP, L.P. ("Versant Ventures VI GP") is the general partner of Versant VI, and Versant Ventures VI GP-GP, LLC ("Versant Ventures VI GP-GP") is the general partner of Versant Ventures VI GP. The Reporting Person is a managing member of Versant Ventures VI GP-GP and may be deemed to share voting and dispositive power over the shares held by Versant VI. The Reporting Person disclaims beneficial ownership of such securities, except to the extent of his pecuniary interest therein, if any.
F3 Shares held by Versant Vantage I, L.P. ("Versant Vantage I"). Versant Vantage I GP, L.P. ("Versant Vantage I GP") is the general partner of Versant Vantage I, and Versant Vantage I GP-GP, LLC ("Versant Vantage I GP-GP") is the general partner of Versant Vantage I GP. The Reporting Person is a managing member of Versant Vantage I GP-GP, and may be deemed to share voting and dispositive power over the shares held by Versant Vantage I. The Reporting Person disclaims beneficial ownership of such securities, except to the extent of his pecuniary interest therein, if any.