Skorpios Trust - 01 Dec 2022 Form 4 Insider Report for Akero Therapeutics, Inc. (AKRO)

Signature
/s/ Androulla Papadopoulou, Authorized Signatory on behalf of Skorpios Trust
Issuer symbol
AKRO
Transactions as of
01 Dec 2022
Net transactions value
-$71,166,000
Form type
4
Filing time
05 Dec 2022, 15:36:52 UTC
Previous filing
30 Jun 2021
Next filing
18 Apr 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AKRO Common Stock Sale $71,166,000 -1,636,000 -33% $43.50 3,271,829 01 Dec 2022 See Footnote F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Skorpios Trust is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Blue Horizon Enterprise Ltd. ("Blue Horizon") is the direct owner of 2,346,298 shares of the issuer's common stock and Ezbon International Limited ("Ezbon") is the direct owner of 925,531 shares of the issuer's common stock. Skorpios Trust ("Skorpios") is the sole owner of each of Blue Horizon and Ezbon. Montrago Trustees Limited ("Montrago Trustees") is the corporate trustee of Skorpios Trust. Each of Blue Horizon and Ezbon disclaim beneficial ownership of the shares of the issuer's common stock held by the other, and each of Skorpios Trust and Montrago Trustees disclaim beneficial ownership of the issuer's securities except to the extent of their pecuniary interest therein.