Versant Venture Capital VI, L.P. - Apr 9, 2024 Form 4 Insider Report for Contineum Therapeutics, Inc. (CTNM)

Role
10%+ Owner
Signature
Versant Vantage I, L.P. By: Versant Vantage I GP, L.P. Its: General Partner By: Versant Vantage I GP-GP, LLC Its: General Partner By: /s/ Max Eisenberg Its: Chief Operating Officer
Stock symbol
CTNM
Transactions as of
Apr 9, 2024
Transactions value $
$0
Form type
4
Date filed
4/11/2024, 06:10 PM
Previous filing
Apr 4, 2024
Next filing
Aug 12, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CTNM Class A Common Stock Conversion of derivative security +392K 392K Apr 9, 2024 See footnote F1, F2
transaction CTNM Class A Common Stock Conversion of derivative security +2.53K 2.53K Apr 9, 2024 See footnote F1, F3
transaction CTNM Class A Common Stock Conversion of derivative security +148K 148K Apr 9, 2024 See footnote F1, F4
holding CTNM Class A Common Stock 376K Apr 9, 2024 Direct F5

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 CTNM Series A Preferred Stock Conversion of derivative security +299K 0 Apr 9, 2024 Class A Common Stock 299K See footnote F1, F2
transaction CTNM Series A Preferred Stock Conversion of derivative security +1.93K 0 Apr 9, 2024 Class A Common Stock 1.93K See footnote F1, F3
transaction CTNM Series B Preferred Stock Conversion of derivative security +70.5K 0 Apr 9, 2024 Class A Common Stock 70.5K See footnote F1, F2
transaction CTNM Series B Preferred Stock Conversion of derivative security +455 0 Apr 9, 2024 Class A Common Stock 455 See footnote F1, F3
transaction CTNM Series B Preferred Stock Conversion of derivative security +90.7K 0 Apr 9, 2024 Class A Common Stock 90.7K See footnote F1, F4
transaction CTNM Series C Preferred Stock Conversion of derivative security +22.3K 0 Apr 9, 2024 Class A Common Stock 22.3K See footnote F1, F2
transaction CTNM Series C Preferred Stock Conversion of derivative security +145 0 Apr 9, 2024 Class A Common Stock 145 See footnote F1, F3
transaction CTNM Series C Preferred Stock Conversion of derivative security +57.6K 0 Apr 9, 2024 Class A Common Stock 57.6K See footnote F1, F4
transaction CTNM Series A Preferred Stock Conversion of derivative security +1.48M 1.48M Apr 9, 2024 Class B Common Stock 1.48M See footnote F2, F6, F7
transaction CTNM Series A Preferred Stock Conversion of derivative security +9.25K 9.25K Apr 9, 2024 Class B Common Stock 9.25K See footnote F3, F6, F7
transaction CTNM Series A-1 Preferred Stock Conversion of derivative security +1.42M 1.42M Apr 9, 2024 Class B Common Stock 1.42M Direct F5, F6, F7
transaction CTNM Series B Preferred Stock Conversion of derivative security +348K +23.58% 1.82M Apr 9, 2024 Class B Common Stock 348K See footnote F2, F6, F7
transaction CTNM Series B Preferred Stock Conversion of derivative security +2.18K +23.58% 11.4K Apr 9, 2024 Class B Common Stock 2.18K See footnote F3, F6, F7
transaction CTNM Series B Preferred Stock Conversion of derivative security +435K 435K Apr 9, 2024 Class B Common Stock 435K See footnote F4, F6, F7
transaction CTNM Series B Preferred Stock Conversion of derivative security +318K +22.34% 1.74M Apr 9, 2024 Class B Common Stock 318K Direct F5, F6, F7
transaction CTNM Series C Preferred Stock Conversion of derivative security +110K +6.04% 1.93M Apr 9, 2024 Class B Common Stock 110K See footnote F2, F6, F7
transaction CTNM Series C Preferred Stock Conversion of derivative security +689 +6.03% 12.1K Apr 9, 2024 Class B Common Stock 689 See footnote F3, F6, F7
transaction CTNM Series C Preferred Stock Conversion of derivative security +276K +63.44% 710K Apr 9, 2024 Class B Common Stock 276K See footnote F4, F6, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Versant Venture Capital VI, L.P. is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Upon the closing of the Issuer's initial public offering (the "IPO"), such shares of the Series A Preferred Stock, the Series A-1 Preferred Stock, the Series B Preferred Stock and the Series C Preferred Stock (collectively, the "Preferred Stock") converted automatically into shares of the Issuer's Class A common stock (the "Class A Common Stock"), on a one-for-one basis for no additional consideration. The Preferred Stock had no expiration date.
F2 The shares are held directly by Versant Venture Capital IV, L.P. ("VVC IV"). Versant Ventures IV, LLC ("VV IV GP") is the general partner of VVC IV and disclaims beneficial ownership of the shares held by VVC IV, except to the extent of its pecuniary interest therein.
F3 The shares are held directly by Versant Side Fund IV, L.P. ("VSF IV"). VV IV GP is the general partner of VSF IV and disclaims beneficial ownership of the shares held by VSF IV, except to the extent of its pecuniary interest therein.
F4 The shares are held directly by Versant Vantage I, L.P. ("VV I"). Versant Vantage I GP, L.P. ("VV I GP") is the general partner of VV I, and Versant Vantage I GP-GP, LLC ("VV I GP-GP") is the general partner of VV I GP. Each of VV I GP-GP and VV I GP disclaims beneficial ownership of the shares held by VV I, except to the extent of their respective pecuniary interests therein.
F5 The shares are held directly by Versant Venture Capital VI, L.P. ("VVC VI"). Versant Ventures VI GP, L.P. ("VV VI GP") is the general partner of VVC VI, and Versant Ventures VI GP-GP, LLC ("VV VI GP-GP") is the general partner of VV VI GP. Each of VV VI GP-GP and VV VI GP disclaims beneficial ownership of the shares held by VVC VI, except to the extent of their respective pecuniary interests therein.
F6 In connection with the closing of the IPO, the Reporting Persons elected to have such shares of Preferred Stock convert into shares of the Issuer's Class B common stock (the "Class B Common Stock"), on a one-for-one basis for no additional consideration. The Preferred Stock had no expiration date.
F7 Each share of the Issuer's Class B Common Stock is convertible into one share of Class A Common Stock at the holder's election, provided that as a result of such conversion, such holder, together with its affiliates, will not beneficially own in excess of 4.99% of the Issuer's Class A Common Stock immediately prior to and following such conversion. However, this ownership limitation may be increased or decreased to any other percentage designated by such holder of Class B Common Stock upon 61 days' notice to the Issuer.