Alexander W. Casdin - Jul 20, 2021 Form 4 Insider Report for Erasca, Inc. (ERAS)

Role
Director
Signature
/s/ Ebun S. Garner, Attorney-in-Fact
Stock symbol
ERAS
Transactions as of
Jul 20, 2021
Transactions value $
$0
Form type
4
Date filed
7/20/2021, 08:56 PM
Previous filing
Jul 15, 2021
Next filing
Jun 24, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ERAS Common Stock Conversion of derivative security +150K +80% 338K Jul 20, 2021 Direct F1
transaction ERAS Common Stock Conversion of derivative security +750K 750K Jul 20, 2021 By Reneo SPV IV LP F1, F2

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 ERAS Series A Preferred Stock Conversion of derivative security -180K -100% 0 Jul 20, 2021 Common Stock 150K $0.00 Direct F1
transaction ERAS Series A Preferred Stock Conversion of derivative security -900K -100% 0 Jul 20, 2021 Common Stock 750K $0.00 By Reneo SPV IV LP F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares of the Issuer's Series A Preferred Stock automatically converted into shares of the Issuer's Common Stock, for no additional consideration, at a ratio of 1.2-for-1 share, immediately prior to the consummation of the Issuer's initial public offering.
F2 Alexander Casdin serves as the managing member of Reneo GP LLC, which is the general partner of Reneo Capital SPV IV LP (Reneo SPV). Mr. Casdin exercises voting and dispositive control over the securities held by Reneo SPV and is therefore deemed to be a beneficial owner of securities owned by Reneo SPV. Mr. Casdin disclaims beneficial ownership of the reported securities held by Reneo SPV, except to the extent of his pecuniary interest therein.