Jay David Caplan - Feb 1, 2024 Form 3 Insider Report for Fractyl Health, Inc. (GUTS)

Role
President, Chief Product Off.
Signature
/s/ Lisa A. Davidson, Attorney-in-fact
Stock symbol
GUTS
Transactions as of
Feb 1, 2024
Transactions value $
$0
Form type
3
Date filed
2/1/2024, 06:14 PM
Next filing
Feb 8, 2024

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 GUTS Series B Preferred Stock Feb 1, 2024 Common Stock 82.8K By Family Trust F1
holding GUTS Series C-1 Preferred Stock Feb 1, 2024 Common Stock 20.8K By Family Trust F1
holding GUTS Series C-2 Preferred Stock Feb 1, 2024 Common Stock 15.2K By Family Trust F1
holding GUTS Stock Option Feb 1, 2024 Common Stock 95.5K $1.70 Direct F2
holding GUTS Stock Option Feb 1, 2024 Common Stock 61.7K $1.70 Direct F2
holding GUTS Stock Option Feb 1, 2024 Common Stock 146K $2.67 Direct F2
holding GUTS Stock Option Feb 1, 2024 Common Stock 23.3K $2.67 Direct F2
holding GUTS Stock Option Feb 1, 2024 Common Stock 94.9K $3.35 Direct F2
holding GUTS Stock Option Feb 1, 2024 Common Stock 12.8K $3.89 Direct F3
holding GUTS Stock Option Feb 1, 2024 Common Stock 39K $6.98 Direct F4
holding GUTS Stock Option Feb 1, 2024 Common Stock 11.6K $8.59 Direct F5
holding GUTS Stock Option Feb 1, 2024 Common Stock 25.6K $8.18 Direct F6
holding GUTS Stock Option Feb 1, 2024 Common Stock 14.7K $11.21 Direct F7
holding GUTS Restricted Stock Units Feb 1, 2024 Common Stock 187K Direct F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each share of the Issuer's preferred stock is convertible into shares of the Issuer's common stock at the holder's election in accordance with the terms of such preferred stock and has no expiration date. The preferred stock will automatically convert into common stock upon the closing of the Issuer's initial public offering.
F2 The stock option is fully vested and currently exercisable.
F3 The stock option vests in 48 monthly installments beginning on April 26, 2020.
F4 The stock option vests in 48 monthly installments beginning on July 24, 2021.
F5 The stock option vests in 48 monthly installments beginning on October 7, 2022.
F6 The stock option vests in 48 monthly installments beginning on April 16, 2023.
F7 The stock option vests in 4 annual installments beginning on December 10, 2024.
F8 Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock. The restricted stock units will vest on November 10, 2024 and have no expiration date.

Remarks:

Exhibit 24 - Power of Attorney.