| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | OLMA | Common stock, $0.0001 par value | Disposed to Issuer | -1.8M | -38.34% | 2.89M | Dec 4, 2024 | Direct | F1, F2, F3 | ||
| transaction | OLMA | Common stock, $0.0001 par value | Disposed to Issuer | -1.42M | -39.58% | 2.17M | Dec 4, 2024 | Direct | F1, F2, F4 | ||
| transaction | OLMA | Common stock, $0.0001 par value | Disposed to Issuer | -153K | -29.27% | 371K | Dec 4, 2024 | Direct | F1, F2, F5 | ||
| holding | OLMA | Common stock, $0.0001 par value | 99.6K | Dec 4, 2024 | See footnote | F1, F6 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | OLMA | Pre-Funded Warrant | Award | +1.8M | 1.8M | Dec 4, 2024 | Common stock, $0.0001 par value | 1.8M | $0.00 | Direct | F1, F2, F3, F7 | |||
| transaction | OLMA | Pre-Funded Warrant | Award | +1.42M | 1.42M | Dec 4, 2024 | Common stock, $0.0001 par value | 1.42M | $0.00 | Direct | F1, F2, F4, F7 | |||
| transaction | OLMA | Pre-Funded Warrant | Award | +153K | 153K | Dec 4, 2024 | Common stock, $0.0001 par value | 153K | $0.00 | Direct | F1, F2, F5, F7 | |||
| transaction | OLMA | Pre-Funded Warrant | Award | $11.4M | +1.26M | +69.99% | $9.08 | 3.06M | Dec 4, 2024 | Common stock, $0.0001 par value | 1.26M | $0.00 | Direct | F1, F3, F7, F8 |
| transaction | OLMA | Pre-Funded Warrant | Award | $9.51M | +1.05M | +73.8% | $9.08 | 2.47M | Dec 4, 2024 | Common stock, $0.0001 par value | 1.05M | $0.00 | Direct | F1, F4, F7, F8 |
| transaction | OLMA | Pre-Funded Warrant | Award | $1.45M | +160K | +104.34% | $9.08 | 314K | Dec 4, 2024 | Common stock, $0.0001 par value | 160K | $0.00 | Direct | F1, F5, F7, F8 |
| holding | OLMA | Stock Option (Right to buy) | 23K | Dec 4, 2024 | Common stock, $0.0001 par value | 23K | $12.36 | See footnote | F9, F10 | |||||
| holding | OLMA | Stock Option (Right to buy) | 21.5K | Dec 4, 2024 | Common stock, $0.0001 par value | 21.5K | $7.84 | See footnote | F10, F11 | |||||
| holding | OLMA | Stock Option (Right to buy) | 21.5K | Dec 4, 2024 | Common stock, $0.0001 par value | 21.5K | $3.61 | See footnote | F10, F11 | |||||
| holding | OLMA | Stock Option (Right to buy) | 21.5K | Dec 4, 2024 | Common stock, $0.0001 par value | 21.5K | $27.66 | See footnote | F10, F11 | |||||
| holding | OLMA | Stock Option (Right to buy) | 21.5K | Dec 4, 2024 | Common stock, $0.0001 par value | 21.5K | $19.00 | See footnote | F10, F11 | |||||
| holding | OLMA | Stock Option (Right to buy) | 21.5K | Dec 4, 2024 | Common stock, $0.0001 par value | 21.5K | $19.00 | See footnote | F10, F11 | |||||
| holding | OLMA | Stock Option (Right to buy) | 21.5K | Dec 4, 2024 | Common stock, $0.0001 par value | 21.5K | $19.00 | See footnote | F10, F11 |
| Id | Content |
|---|---|
| F1 | This Form 4 is filed jointly by Biotechnology Value Fund, L.P. ("BVF"), Biotechnology Value Fund II, L.P. ("BVF2"), Biotechnology Value Trading Fund OS LP ("Trading Fund OS"), BVF Partners OS Ltd. ("Partners OS"), BVF I GP LLC ("BVF GP"), BVF II GP LLC ("BVF2 GP"), BVF GP Holdings LLC ("BVF GPH"), BVF Partners L.P. ("Partners"), BVF Inc. and Mark N. Lampert (collectively, the "Reporting Persons"). Each of the Reporting Persons is a member of a Section 13(d) group with respect to the Issuer's outstanding shares of Common Stock. Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein. |
| F2 | Certain of the Reporting Persons entered into an Exchange Agreement with the Issuer (the "Exchange Agreement"), pursuant to which such Reporting Persons agreed to exchange an aggregate of 3,420,000 shares of Common Stock of the Issuer for a total of 3,420,000 Pre-Funded Warrants (the "Pre-Funded Warrants"). Pursuant to the Exchange Agreement, BVF exchanged 1,797,527 shares for 1,797,527 Pre-Funded Warrants, BVF2 exchanged 1,418,736 shares for 1,418,736 Pre-Funded Warrants and Trading Fund OS exchanged 153,441 shares for 153,441 Pre-Funded Warrants. These transactions are exempt from Section 16 pursuant to Rule 16b-3. |
| F3 | Securities owned directly by BVF. As the general partner of BVF, BVF GP may be deemed to beneficially own the securities owned directly by BVF. As the sole member of BVF GP, BVF GPH may be deemed to beneficially own the securities owned directly by BVF. As the investment manager of BVF, Partners may be deemed to beneficially own the securities owned directly by BVF. As the investment adviser and general partner of Partners, BVF Inc. may be deemed to beneficially own the securities owned directly by BVF. As a director and officer of BVF Inc., Mr. Lampert may be deemed to beneficially own the securities owned directly by BVF. |
| F4 | Securities owned directly by BVF2. As the general partner of BVF2, BVF2 GP may be deemed to beneficially own the securities owned directly by BVF2. As the sole member of BVF2 GP, BVF GPH may be deemed to beneficially own the securities owned directly by BVF2. As the investment manager of BVF2, Partners may be deemed to beneficially own the securities owned directly by BVF2. As the investment adviser and general partner of Partners, BVF Inc. may be deemed to beneficially own the securities owned directly by BVF2. As a director and officer of BVF Inc., Mr. Lampert may be deemed to beneficially own the securities owned directly by BVF2. |
| F5 | Securities owned directly by Trading Fund OS. As the general partner of Trading Fund OS, Partners OS may be deemed to beneficially own the securities owned directly by Trading Fund OS. As the investment manager of Trading Fund OS and the sole member of Partners OS, Partners may be deemed to beneficially own the securities owned directly by Trading Fund OS. As the investment adviser and general partner of Partners, BVF Inc. may be deemed to beneficially own the securities owned directly by Trading Fund OS. As a director and officer of BVF Inc., Mr. Lampert may be deemed to beneficially own the securities owned directly by Trading Fund OS. |
| F6 | Securities held in a certain Partners managed account (the "Partners Managed Account"). Partners may be deemed to have indirect beneficial ownership of the securities of the Issuer held by the Partners Managed Account for purposes of Rule 16a-1(a)(2) because the securities account for more than 10% of the market value of the portfolio of the Partners Managed Account as of the reporting date. Partners, as the investment manager of the Partners Managed Account, may be deemed to beneficially own the securities held by the Partners Managed Account. As the investment adviser and general partner of Partners, BVF Inc. may be deemed to beneficially own the securities held by the Partners Managed Account. As a director and officer of BVF Inc., Mr. Lampert may be deemed to beneficially own the securities held by the Partners Managed Account. |
| F7 | Each Pre-Funded Warrant may be exercised for one share of Common Stock. The Pre-Funded Warrants are exercisable immediately and may be exercised at any time until all of the Pre-Funded Warrants are exercised in full. A holder of Pre-Funded Warrants (together with its affiliates and other attribution parties) may not exercise any portion of a Pre-Funded Warrant to the extent that immediately prior to or after giving effect to such exercise the holder would own more than 9.99% of the shares of Common Stock outstanding immediately after exercise. |
| F8 | The Issuer entered into a securities purchase agreement with certain purchasers, including certain of the Reporting Persons (the "Purchasers"), pursuant to which the Issuer agreed to issue and sell to the Purchasers in a private placement (the "Private Placement") shares of Common Stock of the Issuer or Pre-Funded Warrants in lieu thereof. In connection with the Private Placement, BVF, BVF2 and Trading Fund OS acquired Pre-Funded Warrants to purchase 1,258,027 shares, 1,047,044 shares and 160,107 shares, respectively. These transactions are exempt from Section 16 pursuant to Rule 16b-3. |
| F9 | The shares subject to the option vest in a series of 12 successive equal monthly installments measured from June 14, 2024, subject to Dr. Hrustanovic's continuous service through each applicable vesting date. Such shares vest in full on the date of the Issuer's next annual meeting of stockholders if such stock option is not otherwise fully vested by such date, subject to Dr. Hrustanovic's continuous service through such vesting date. |
| F10 | Partners, BVF Inc. and Mr. Lampert may be deemed to have a pecuniary interest in the securities reported owned herein due to a certain agreement between Partners and Gorjan Hrustanovic, who serves on the Issuer's board of directors and as a member of Partners, pursuant to which Dr. Hrustanovic is obligated to transfer the economic benefit, if any, received upon the sale of the shares issuable upon exercise of the securities reported owned herein to Partners. As such, Dr. Hrustanovic disclaims beneficial ownership of the securities reported herein except to the extent of his pecuniary interest therein. |
| F11 | The shares subject to the option have fully vested. |
For purposes of Section 16 of the Securities Exchange Act of 1934, as amended, each of the Reporting Persons may be deemed to be a director by deputization of the Issuer due to a member of Partners, Gorjan Hrustanovic, serving on the Board of Directors of the Issuer, and his agreement to transfer the economic benefit, if any, received upon the sale of the shares issuable upon exercise of the securities reported owned herein to Partners.