QVT Financial LP - Sep 28, 2023 Form 4 Insider Report for Roivant Sciences Ltd. (ROIV)

Role: Director by Deputization, 10%+ Owner
Signature: /s/ Meg Eisner
Stock symbol: ROIV
Transactions as of: Sep 28, 2023
Transactions value $: -$115,500,000
Form type: 4
Date filed: 10/2/2023, 08:43 PM
Previous filing: Dec 15, 2022
Next filing: Mar 7, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ROIV	Common Shares	Sale	-$103K	-8.96K	-8.16%	$11.55	101K	Sep 28, 2023	Held by Fourth Avenue Capital Partners LP	F1, F2
transaction	ROIV	Common Shares	Sale	-$26.4M	-2.29M	-8.16%	$11.55	25.7M	Sep 28, 2023	Held by QVT Deferred Compensation Holdings Ltd	F1, F2
transaction	ROIV	Common Shares	Sale	-$35.3M	-3.06M	-8.16%	$11.55	34.4M	Sep 28, 2023	Held by QVT Financial Investment Cayman Ltd	F1, F2
transaction	ROIV	Common Shares	Sale	-$35.7M	-3.09M	-8.16%	$11.55	34.8M	Sep 28, 2023	Held by QVT Roiv Hldgs Offshore Ltd	F1, F3
transaction	ROIV	Common Shares	Sale	-$12.8M	-1.1M	-8.16%	$11.55	12.4M	Sep 28, 2023	Held by QVT Roiv Hldgs Onshore Ltd.	F1, F3
transaction	ROIV	Common Shares	Sale	-$5.16M	-446K	-8.16%	$11.55	5.02M	Sep 28, 2023	Held by QVT P&E Roiv Hldgs Ltd	F1, F2

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

Explanation of Responses:

Id	Content
F1	Aggregately, following the transactions described above, QVT Financial LP ("QVT"), a Delaware limited partnership, may be deemed to be the beneficial owner of 112,541,536 common shares (the "Shares") of Roivant Sciences Ltd., consisting of the Shares owned by QVT Roiv Hldgs Onshore Ltd. and QVT Roiv Hldgs Offshore Ltd. (together, "QVT Roiv"), Fourth Avenue Capital Partners LP ("Fourth Avenue"), QVT P&E Roiv Hldgs Ltd. ("QVT P&E"), QVT Deferred Compensation Holdings Ltd ("QVT DCH") and QVT Financial Investment Cayman Ltd. ("QVT FIC"). QVT Financial GP LLC ("QVT Financial GP"), a Delaware limited liability company, is the general partner of QVT and may be deemed to beneficially own the same number of Shares reported by QVT.
F2	QVT provides certain investment advisory services for, and thereby may be deemed to beneficially own the Shares held by, Fourth Avenue, QVT P&E, QVT DCH and QVT FIC. QVT disclaims beneficial ownership of such Shares, except to the extent of any pecuniary interest therein, and the inclusion of these Common Shares in this report shall not be deemed an admission of beneficial ownership of all of the reported Common Shares for purposes of Section 16 or for any other purpose.
F3	QVT is the investment manager of QVT Roiv, shares voting and investment control over the Shares held directly by QVT Roiv and therefore may be deemed to beneficially own such Shares. QVT disclaims beneficial ownership of such Shares, except to the extent of any pecuniary interest therein, and the inclusion of these Common Shares in this report shall not be deemed an admission of beneficial ownership of all of the reported Common Shares for purposes of Section 16 or for any other purpose.