Krishna Yeshwant - Nov 2, 2022 Form 4 Insider Report for Verve Therapeutics, Inc. (VERV)

Signature
/s/ Andrew Ashe, Attorney-in-Fact for Krishna Yeshwant
Stock symbol
VERV
Transactions as of
Nov 2, 2022
Transactions value $
-$2,655,330
Form type
4
Date filed
11/4/2022, 05:58 PM
Previous filing
Nov 2, 2022
Next filing
Nov 8, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VERV Common Stock Other $0 -28.7K -0.46% $0.00 6.21M Nov 2, 2022 By GV 2017 L.P. F1, F2, F3
transaction VERV Common Stock Sale -$325K -9.35K -0.21% $34.78 4.38M Nov 2, 2022 By GV 2019 L.P. F4, F5, F11, F12
transaction VERV Common Stock Sale -$376K -10.4K -0.24% $36.28 4.37M Nov 2, 2022 By GV 2019 L.P. F4, F6, F11, F12
transaction VERV Common Stock Sale -$328K -8.93K -0.2% $36.78 4.36M Nov 2, 2022 By GV 2019 L.P. F4, F7, F11, F12
transaction VERV Common Stock Other $0 -49.6K -0.8% $0.00 6.16M Nov 3, 2022 By GV 2017 L.P. F1, F2, F3
transaction VERV Common Stock Sale -$720K -22.3K -0.51% $32.32 4.34M Nov 3, 2022 By GV 2019 L.P. F4, F8, F11, F12
transaction VERV Common Stock Sale -$846K -25.5K -0.59% $33.14 4.31M Nov 3, 2022 By GV 2019 L.P. F4, F9, F11, F12
transaction VERV Common Stock Sale -$59.4K -1.76K -0.04% $33.84 4.31M Nov 3, 2022 By GV 2019 L.P. F4, F10, F11, F12
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported transaction represents a pro rata in-kind distribution, for no consideration, by GV 2017, L.P. (the "2017 Partnership") to its partners, which resulted in all of the securities reported in Column 4 of this row being distributed to the direct ownership of the 2017 Partnership's affiliate, Alphabet Holdings LLC ("Alphabet Holdings"). The aforementioned distribution was made in accordance with the exemptions afforded pursuant to Rules 16a-13 and/or 16a-9 promulgated under the Securities Exchange Act of 1934, as amended.
F2 The securities reported in this row are directly held by the 2017 Partnership. The general partner of the 2017 Partnership is GV 2017 GP, L.P. (the "2017 GP"). The general partner of the 2017 GP is GV 2017 GP, L.L.C. ("GV 2017 LLC"). The sole managing member of GV 2017 LLC is Alphabet Holdings. The sole managing member of Alphabet Holdings is XXVI Holdings Inc. ("XXVI"). The sole controlling stockholder of XXVI is Alphabet Inc. Each of the 2017 GP, GV 2017 LLC, Alphabet Holdings, XXVI, and Alphabet Inc. may be deemed to have voting and investment discretion over the securities directly beneficially owned by the 2017 Partnership. Each of the aforementioned parties disclaims beneficial ownership of such securities except to the extent of its pecuniary interest therein. Dr. Yeshwant is an affiliate of the 2017 GP but does not have voting or dispositive power over the shares held by the 2017 Partnership. Dr. Yeshwant disclaims beneficial ownership of the shares held by the 2017 Partnership
F3 (Continued Footnote 2) except to the extent of his pecuniary interest, if any, therein and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of the reported securities for the purpose of Section 16 or for any other purpose.
F4 This transaction was entered into pursuant to a Rule 10b5-1 plan previously adopted by GV 2019, L.P.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $34.56 to $38.60, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnotes 4 through 9 of this Form 4.
F6 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35.60 to $36.595, inclusive.
F7 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $36.60 to $37.03, inclusive.
F8 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $31.62 to $32.61, inclusive.
F9 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $32.62 to $33.61, inclusive.
F10 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $33.62 to $34.27, inclusive.
F11 The securities reported in this row are directly held by GV 2019, L.P. (the "2019 Partnership"). The general partner of the 2019 Partnership is GV 2019 GP, L.P. (the "2019 GP"). The general partner of the 2019 GP is GV 2019 GP, L.L.C. ("GV 2019 LLC"). The sole managing member of GV 2019 LLC is Alphabet Holdings. The sole managing member of Alphabet Holdings is XXVI. The sole controlling stockholder of XXVI is Alphabet Inc. Each of the 2019 GP, GV 2019 LLC, Alphabet Holdings, XXVI, and Alphabet Inc. may be deemed to have voting and investment discretion over the securities directly beneficially owned by the 2019 Partnership. Each of the aforementioned parties disclaims beneficial ownership of such securities except to the extent of its pecuniary interest therein. Dr. Yeshwant is an affiliate of 2019 GP but does not have voting or dispositive power over the shares held by the 2019 Partnership. Dr. Yeshwant disclaims beneficial ownership of the shares held by the 2019 Partnership
F12 (Continued Footnote 11) except to the extent of his pecuniary interest, if any, therein and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of the reported securities for the purpose of Section 16 or for any other purpose.