Harith Rajagopalan - Feb 1, 2024 Form 3/A Insider Report for FRACTYL HEALTH, INC. (GUTS)

Role
Chief Executive Officer, Director
Signature
/s/ Lisa A. Davidson, Attorney-in-fact
Stock symbol
GUTS
Transactions as of
Feb 1, 2024
Transactions value $
$0
Form type
3/A
Date filed
5/14/2024, 04:15 PM
Date Of Original Report
Feb 1, 2024
Next filing
Feb 8, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding GUTS Common Stock 364K Feb 1, 2024 Direct
holding GUTS Common Stock 292K Feb 1, 2024 By 2021 Irrevocable Trust
holding GUTS Common Stock 289K Feb 1, 2024 By 2016 Irrevocable Trust
holding GUTS Common Stock 18.6K Feb 1, 2024 By 2021 Family Trust

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
holding GUTS Series A Preferred Stock Feb 1, 2024 Common Stock 6.52K Direct F1
holding GUTS Series A Preferred Stock Feb 1, 2024 Common Stock 2.8K By 2016 Irrevocable Trust F1
holding GUTS Stock Option Feb 1, 2024 Common Stock 191K $1.70 Direct F2
holding GUTS Stock Option Feb 1, 2024 Common Stock 123K $1.70 Direct F2
holding GUTS Stock Option Feb 1, 2024 Common Stock 345K $2.67 Direct F2
holding GUTS Stock Option Feb 1, 2024 Common Stock 180K $2.67 Direct F2
holding GUTS Stock Option Feb 1, 2024 Common Stock 422K $3.35 Direct F2
holding GUTS Stock Option Feb 1, 2024 Common Stock 475K $3.89 Direct F3
holding GUTS Stock Option Feb 1, 2024 Common Stock 263K $6.98 Direct F4
holding GUTS Stock Option Feb 1, 2024 Common Stock 16.3K $8.59 Direct F5
holding GUTS Stock Option Feb 1, 2024 Common Stock 32.6K $8.18 Direct F6
holding GUTS Stock Option Feb 1, 2024 Common Stock 17K $11.21 Direct F7
holding GUTS Restricted Stock Units Feb 1, 2024 Common Stock 217K Direct F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each share of the Issuer's preferred stock is convertible into shares of the Issuer's common stock at the holder's election in accordance with the terms of such preferred stock and has no expiration date. The preferred stock will automatically convert into common stock upon the closing of the Issuer's initial public offering.
F2 The stock option is fully vested and currently exercisable.
F3 The stock option vests in 48 monthly installments beginning on April 26, 2020.
F4 The stock option vests in 48 monthly installments beginning on July 24, 2021.
F5 The stock option vests in 48 monthly installments beginning on October 7, 2022.
F6 The stock option vests in 48 monthly installments beginning on April 16, 2023.
F7 The stock option vests in 48 monthly installments beginning on December 10, 2023.
F8 Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock. The restricted stock units will vest on November 10, 2024 and have no expiration date.

Remarks:

Exhibit 24 - Power of Attorney. This amendment to the Reporting Person's Form 3, originally filed on February 1, 2024, is filed solely to reflect a transfer from the Reporting Person to the Harith Rajagopalan 2021 Irrevocable Trust effective prior to February 1, 2024.