Jonathan D. Root - 03 Mar 2021 Form 4 Insider Report for Silverback Therapeutics, Inc. (SPRY)

Role: Director
Signature: Dale Holladay, Attorney in Fact for the Reporting Person
Issuer symbol: SPRY
Transactions as of: 03 Mar 2021
Net transactions value: +$36,048
Form type: 4
Filing time: 18 Mar 2022, 17:14:40 UTC
Previous filing: 18 Mar 2022
Next filing: 17 May 2021
SEC: View on sec.gov

Key filing fact

Jonathan D. Root filed Form 4 for Silverback Therapeutics, Inc. (SPRY) on 18 Mar 2022.

Key facts

This page summarizes Jonathan D. Root's Form 4 filing for Silverback Therapeutics, Inc. (SPRY).
2 reported transactions and 0 derivative rows are listed below.
Filing timestamp: 18 Mar 2022, 17:14.

Change

Previous filing in this sequence was filed on 18 Mar 2022.
Current net transaction value: +$36,048.

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.

See Original Filing

Transactions Table

SPRY transaction

Common Stock

Purchase

Transaction value: $18,224
Shares: +350
Change %
Price: $52.07
Shares after: 350
Date: 03 Mar 2021
Ownership: Directly owned by Spouse
Footnotes: F1

SPRY transaction

Common Stock

Purchase

Transaction value: $17,824
Shares: +2,014
Change %: +575%
Price: $8.85
Shares after: 2,364
Date: 15 Nov 2021
Ownership: Directly owned by Spouse
Footnotes: F1

SPRY holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 2,069,167
Date: 03 Mar 2021
Ownership: Directly owned by USVP X
Footnotes: F2

SPRY holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 105,012
Date: 03 Mar 2021
Ownership: Directly owned by AFF X
Footnotes: F2

SPRY holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 95,238
Date: 03 Mar 2021
Ownership: Direct

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

Explanation of Responses:

Id	Content
F1	Shares are being reported following the discovery that shares of the issuer were purchased in discretionary IRA accounts held by the spouse of the reporting person. The reporting person is not an owner of such IRA accounts. The total in Column 5 of Table I does not reflect previously reported transactions that occurred after 3/3/2021.
F2	Presidio Management Group XII, L.L.C. (PMG XII), the general partner of U.S. Venture Partners XII, L.P. and U.S. Venture Partners XII-A, L.P. (together, USVP XII), has sole voting and dispositive power with respect to the shares held by USVP XII. The reporting person is a managing member of PMG XII, and shares voting and dispositive power with respect to the shares held by USVP XII. The reporting person disclaims beneficial ownership of such holdings, except to the extent of his pecuniary interest in the shares.

Content

Shares are being reported following the discovery that shares of the issuer were purchased in discretionary IRA accounts held by the spouse of the reporting person. The reporting person is not an owner of such IRA accounts. The total in Column 5 of Table I does not reflect previously reported transactions that occurred after 3/3/2021.

Presidio Management Group XII, L.L.C. (PMG XII), the general partner of U.S. Venture Partners XII, L.P. and U.S. Venture Partners XII-A, L.P. (together, USVP XII), has sole voting and dispositive power with respect to the shares held by USVP XII. The reporting person is a managing member of PMG XII, and shares voting and dispositive power with respect to the shares held by USVP XII. The reporting person disclaims beneficial ownership of such holdings, except to the extent of his pecuniary interest in the shares.