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

Role: 10%+ Owner
Signature: D1 Capital Partners, L.P., by /s/ Amanda Hector
Issuer symbol: SGHT
Transactions as of: 19 Jul 2021
Net transactions value: +$16,800,000
Form type: 4
Filing time: 21 Jul 2021, 16:36:58 UTC
Previous filing: 14 Jul 2021
Next filing: 13 Oct 2021
SEC: View on sec.gov

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		+5,152,036			5,152,036	19 Jul 2021	See footnote	F1, F2
transaction	SGHT	Common Stock	Purchase	$16,800,000	+700,000	+14%	$24.00	5,852,036	19 Jul 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	-1,890,395	-100%	$0.000000^*	0	19 Jul 2021	Common Stock	3,780,790		See footnote	F1, F2
transaction	SGHT	Series F Convertible Preferred Stock	Conversion of derivative security	$0	-685,623	-100%	$0.000000^*	0	19 Jul 2021	Common Stock	1,371,246		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.

Content

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.

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.