D1 Capital Partners L.P. - Jul 19, 2021 Form 4 Insider Report for Sight Sciences, Inc. (SGHT)

Role
10%+ Owner
Signature
D1 Capital Partners, L.P., by /s/ Amanda Hector
Stock symbol
SGHT
Transactions as of
Jul 19, 2021
Transactions value $
$16,800,000
Form type
4
Date filed
7/21/2021, 04:36 PM
Previous filing
Jul 14, 2021
Next filing
Oct 13, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SGHT Common Stock, $0.001 par value per share ("Common Stock") Conversion of derivative security +5.15M 5.15M Jul 19, 2021 See footnote F1, F2
transaction SGHT Common Stock Purchase $16.8M +700K +13.59% $24.00 5.85M Jul 19, 2021 See footnote 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 SGHT Series E Convertible Preferred Stock Conversion of derivative security $0 -1.89M -100% $0.00* 0 Jul 19, 2021 Common Stock 3.78M See footnote F1, F2
transaction SGHT Series F Convertible Preferred Stock Conversion of derivative security $0 -686K -100% $0.00* 0 Jul 19, 2021 Common Stock 1.37M See footnote F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Series E Convertible Preferred Stock and Series F Convertible Preferred Stock was convertible at any time, at the holder's election, into shares of the Issuer's Common Stock on a 2-for-1 basis. The Series E Convertible Preferred Stock and Series F Convertible Preferred Stock automatically converted into shares of the Issuer's Common Stock on a 2-for-1 basis upon the closing of the Issuer's initial public offering. The Series E Convertible Preferred Stock and the Series F Convertible Preferred Stock did not have an expiration date.
F2 This statement is filed by D1 Capital Partners L.P. (the "Investment Manager") and Daniel Sundheim ("Mr. Sundheim"). The foregoing persons are hereinafter sometimes referred to as the "Reporting Persons." The Investment Manager is a registered investment adviser and serves as the investment manager of private investment vehicles and accounts, including D1 Capital Partners Master LP (the "Investment Vehicle"). Mr. Sundheim may be deemed to beneficially own the reported securities by virtue of the fact that Mr. Sundheim indirectly controls the Investment Manager. The filing of this statement should not be construed as an admission that any Reporting Person is, for the purposes of Section 16 of the Securities Exchange Act of 1934, as amended, the beneficial owner of the securities reported except to the extent of its pecuniary interest therein.