Northstar Bio Ventures, Llc - Sep 30, 2021 Form 3 Insider Report for Monterey Bio Acquisition Corp (MTRY)

Role: 10%+ Owner
Signature: /s/ Tricia Branker, Attorney-in-Fact
Stock symbol: MTRY
Transactions as of: Sep 30, 2021
Transactions value $: $0
Form type: 3
Date filed: 9/30/2021, 05:55 PM
Next filing: Mar 13, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	MTRY	Common Stock						1.91M	Sep 30, 2021	Direct	F1, F2

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

Explanation of Responses:

Id	Content
F1	This Form 3 is being filed by NorthStar Bio Ventures, LLC (the "NorthStar Co-Sponsor"). NorthStar Co-Sponsor is managed by Sandip I. Patel. Accordingly, Mr. Patel has voting and dispositive power over the shares held by NorthStar Co-Sponsor and may be deemed to beneficially own such shares. Mr. Patel disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.
F2	Includes up to 281,250 shares subject to forfeiture depending on the extent to which the underwriter's option to purchase additional units is exercised.

Content

This Form 3 is being filed by NorthStar Bio Ventures, LLC (the "NorthStar Co-Sponsor"). NorthStar Co-Sponsor is managed by Sandip I. Patel. Accordingly, Mr. Patel has voting and dispositive power over the shares held by NorthStar Co-Sponsor and may be deemed to beneficially own such shares. Mr. Patel disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.

Includes up to 281,250 shares subject to forfeiture depending on the extent to which the underwriter's option to purchase additional units is exercised.

Remarks:

See Exhibit 24.1 - Power of Attorney