Richard S. Kollender - Jul 19, 2021 Form 4 Insider Report for RAPID MICRO BIOSYSTEMS, INC. (RPID)

Role
Director
Signature
/s/ Jonathan Paris, Attorney-in-Fact for Richard Kollender
Stock symbol
RPID
Transactions as of
Jul 19, 2021
Transactions value $
$0
Form type
4
Date filed
7/20/2021, 08:16 PM
Previous filing
Jul 14, 2021
Next filing
Sep 8, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RPID Class A Common Stock Conversion of derivative security +1.32M +2263.13% 1.37M Jul 19, 2021 Held by Quaker Bioventures II, L.P. F1, F2

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 RPID Series A1 Preferred Stock Conversion of derivative security -4.62M -100% 0 Jul 19, 2021 Class A Common Stock 925K Held by Quaker Bioventures II, L.P. F1, F2
transaction RPID Series B1 Preferred Stock Conversion of derivative security -1.13M -100% 0 Jul 19, 2021 Class A Common Stock 226K Held by Quaker Bioventures II, L.P. F1, F2
transaction RPID Series C1 Preferred Stock Conversion of derivative security -821K -100% 0 Jul 19, 2021 Class A Common Stock 164K Held by Quaker Bioventures II, L.P. F1, F2
transaction RPID Series A1 Warrant Conversion of derivative security -410K -100% 0 Jul 19, 2021 Series A1 Preferred Stock 410K $0.01 Held by Quaker Bioventures II, L.P. F2, F3
transaction RPID Common Stock Warrant Conversion of derivative security +82K 82K Jul 19, 2021 Class A Common Stock 82K $0.05 Held by Quaker Bioventures II, L.P. F2, F3, F4
transaction RPID Series B1 Warrant Conversion of derivative security -64.5K -100% 0 Jul 19, 2021 Series B1 Preferred Stock 64.5K $0.01 Held by Quaker Bioventures II, L.P. F2, F3, F4
transaction RPID Common Stock Warrant Conversion of derivative security +12.9K 12.9K Jul 19, 2021 Class A Common Stock 12.9K $0.05 Held by Quaker Bioventures II, L.P. F2, F3, F4
transaction RPID Series B1 Warrant Conversion of derivative security -64.5K -100% 0 Jul 19, 2021 Series B1 Preferred Stock 64.5K $0.01 Held by Quaker Bioventures II, L.P. F2, F3, F4
transaction RPID Common Stock Warrant Conversion of derivative security +12.9K 12.9K Jul 19, 2021 Class A Common Stock 12.9K $0.05 Held by Quaker Bioventures II, L.P. F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Series A1 Preferred Stock, the Series B1 Preferred Stock and the Series C1 Preferred Stock (collectively, the "Preferred Stock") are convertible at any time, at the holder's election and have no expiration date. Each share of Preferred Stock automatically converted into 0.20 shares of the Issuer's Class A Common Stock upon the closing of the Issuer's initial public offering.
F2 These shares are held directly by Quaker Bioventures II, L.P. The Reporting Person is a managing director of Quaker Bioventures Capital II, L.P., the parent of Quaker Bioventures II, L.P. and may be deemed to beneficially hold the shares.
F3 The Issuer's Preferred Stock warrants automatically converted into warrants to purchase Common Stock immediately prior to the closing of the Issuer's initial public offering without payment or further consideration. The transaction is listed solely for the purpose of reporting the change in the shares underlying the warrants.
F4 Immediately exercisable.