Darin J. Weber - 25 Aug 2023 Form 4 Insider Report for PROKIDNEY CORP. (PROK)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
29 Aug 2023, 21:25:00 UTC
Prior SEC filing
18 Jan 2023
Next SEC filing
06 Feb 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Todd Girolamo, as Attorney-in- Fact
Filing notes and source

Key filing fact

Darin J. Weber filed Form 4 for PROKIDNEY CORP. (PROK) on 29 Aug 2023.

Key facts

  • This page summarizes Darin J. Weber's Form 4 filing for PROKIDNEY CORP. (PROK).
  • 3 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 29 Aug 2023, 21:25.

Change

  • Previous filing in this sequence was filed on 18 Jan 2023.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

PROK transaction

Class A Ordinary Shares

Conversion of derivative security

Transaction value
$0
Shares
+137,000
Change %
Price
$0.000000
Shares after
137,000
Date
25 Aug 2023
Ownership
Direct

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

PROK transaction Derivative

Class B Ordinary Shares

Conversion of derivative security

Transaction value
$0
Shares
-137,000
Change %
-20%
Price
$0.000000
Shares after
539,356
Date
25 Aug 2023
Ownership
Direct
Underlying class
Class A Ordinary Shares
Underlying amount
137,000
Exercise price
$0.000000
Footnotes
F1, F2
PROK transaction Derivative

Common Units in ProKidney LP

Conversion of derivative security

Transaction value
$0
Shares
-137,000
Change %
-20%
Price
$0.000000
Shares after
539,356
Date
25 Aug 2023
Ownership
Direct
Underlying class
Class A Ordinary Shares
Underlying amount
137,000
Exercise price
$0.000000
Footnotes
F1, F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

The Class B Ordinary Shares and the Common Units in ProKidney LP (a "Common Unit") are paired securities. At the election of the reporting person and subject to the limitations set forth in the Exchange Agreement and and the Second Amended and Restated Company Partnership Agreement, each Class B Ordinary Share, together with a paired Common Unit, may be exchanged for Class A Ordinary Shares on a one-for-one basis. On August 25, 2023, the reporting person provided ProKidney Corp. (the "Issuer") with notice of exchange, which exchange will be settled 60 days following the closing of the exchange period under the terms of the Exchange Agreement.

Footnote F2

The Class B Ordinary Shares were received pursuant to the terms of the Business Combination Agreement by and between the Issuer (formerly known as Social Capital Suvretta Holdings Corp. III) and ProKidney LP, dated as of January 18, 2022 (the "Business Combination Agreement"), in exchange for historical interests held by the reporting person in ProKidney LP. The Class B Ordinary Shares do not expire.

Footnote F3

The Common Units were received pursuant to the terms of the Business Combination Agreement in exchange for historical interests held by the reporting person in ProKidney LP. The Common Units do not expire.

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