Jacob Ma-Weaver - 15 Jun 2022 Form 3 Insider Report for ARCA biopharma, Inc. (ORKA)

Role: Director, Other*, 10%+ Owner
Signature: /s/ Jacob Ma-Weaver
Issuer symbol: ORKA
Transactions as of: 15 Jun 2022
Net transactions value: $0
Form type: 3
Filing time: 21 Jun 2022, 19:40:52 UTC
Next filing: 31 Jan 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	ABIO	Common Stock						2,580,452	15 Jun 2022	By the Funicular Fund	F1, 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
holding	ABIO	Put Option							15 Jun 2022	Common Stock	1,450,000	$2.50	By the Funicular Fund	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	This Form 3 is filed by Jacob Ma-Weaver (the "Reporting Person"). The Reporting Person, the Funciular Fund (the "Fund") and Cable Car Capital LLC ("Cable Car") may be deemed to be a member of a Section 13(d) group that may be deemed to collectively beneficially own more than 10% of the Issuer's outstanding shares of Common Stock. The Reporting Person, the Fund and Cable Car disclaim beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein.
F2	Represents securities directly owned by the Fund. Cable Car, as the general partner of the Fund, may be deemed to beneficially own the securities directly owned by the Fund. Mr. Ma-Weaver, as the Managing Member of Cable Car, may be deemed to beneficially own the securities directly owned by the Fund.

Content

This Form 3 is filed by Jacob Ma-Weaver (the "Reporting Person"). The Reporting Person, the Funciular Fund (the "Fund") and Cable Car Capital LLC ("Cable Car") may be deemed to be a member of a Section 13(d) group that may be deemed to collectively beneficially own more than 10% of the Issuer's outstanding shares of Common Stock. The Reporting Person, the Fund and Cable Car disclaim beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein.

Represents securities directly owned by the Fund. Cable Car, as the general partner of the Fund, may be deemed to beneficially own the securities directly owned by the Fund. Mr. Ma-Weaver, as the Managing Member of Cable Car, may be deemed to beneficially own the securities directly owned by the Fund.