RTW INVESTMENTS, LP - 16 Apr 2025 Form 4 Insider Report for ALLURION TECHNOLOGIES, INC. (ALUR)

Role
Director, 10%+ Owner
Signature
/s/ Roderick Wong, M.D. - For RTW Investments, LP, By: Roderick Wong, M.D., Managing Partner
Issuer symbol
ALUR
Transactions as of
16 Apr 2025
Net transactions value
+$5,000,006
Form type
4
Filing time
17 Apr 2025, 18:36:58 UTC
Previous filing
24 Jan 2025
Next filing
29 Apr 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALUR Common Stock, $0.0001 par value per share Conversion of derivative security $2,756,119 +822,722 +164% $3.35 1,324,532 16 Apr 2025 Please see footnotes F1, F2
transaction ALUR Common Stock, $0.0001 par value per share Conversion of derivative security $2,117,046 +631,954 +160% $3.35 1,027,287 16 Apr 2025 Please see footnotes F1, F3
transaction ALUR Common Stock, $0.0001 par value per share Conversion of derivative security $126,841 +37,863 +30% $3.35 164,233 16 Apr 2025 Please see footnotes F1, F4
holding ALUR Common Stock, $0.0001 par value per share 26,551 16 Apr 2025 Please see footnotes F1, F4

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
transaction ALUR Convertible Note Award $5,000,000 $5,000,000 16 Apr 2025 Common Stock 1,492,539 $3.35 Please see footnotes F1, F4, F5, F6
transaction ALUR Convertible Note Conversion of derivative security $5,000,000 $0 16 Apr 2025 Common Stock 1,492,539 $3.35 Please see footnotes F1, F4, F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 RTW Investments, LP (the "Adviser") manages certain funds that directly hold the securities reported on this Form 3, including RTW Master Fund, Ltd. ("Master Fund") and RTW Innovation Master Fund, Ltd. ("RTW Innovation," and, together with Master Fund and other funds or accounts managed by the Adviser, the "RTW Funds"). Roderick Wong, M.D. serves as the Managing Partner and Chief Investment Officer of the Adviser. Each Reporting Person disclaims beneficial ownership of the securities reported on this Form 4 except to the extent of its or his pecuniary interest, if any, therein, and this report shall not be deemed to be an admission that such Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
F2 Held by Master Fund.
F3 Held by RTW Innovation.
F4 Held by RTW Funds.
F5 On April 15, 2025, the conversion price of $5.0 million aggregate principal amount of the convertible senior secured notes held by the Reporting Persons (the "Notes") was amended from $40.50 per share to $3.35 per share. The remaining outstanding amount of the Notes remain convertible at a conversion price $40.50 per share, as well as additional conversion prices in the discretion of the Issuer (the "Discretionary Conversions").
F6 The Notes bear interest at an annual rate of 6.0%, which is payable quarterly in cash, or, at the Issuer's option, in kind for the first three years. The reported amount of shares does not give effect to any increase in principal amount as a result of PIK interest payments. The maturity date of the Notes is April 16, 2031. Pursuant to the Note Purchase Agreement, as amended, the RTW Funds may not convert the Notes to the extent that such conversion would result in the RTW Funds beneficially owning more than 9.99% of the Company's common stock after giving effect to such conversion, unless converted pursuant to a Discretionary Conversion.

Remarks:

Pursuant to the terms of the Note Purchase Agreement, RTW Investments has the right to designate two members of the Issuer's board of directors (the "Board"), and has designated Keith Johns and R. Jason Richey to the Board. Mr. Richey is a consultant of RTW Investments.