RA CAPITAL MANAGEMENT, L.P. - 21 Sep 2023 Form 4 Insider Report for ARS Pharmaceuticals, Inc. (SPRY)

Role
Director
Signature
/s/ Peter Kolchinsky, Manager of RA Capital Management, L.P.
Issuer symbol
SPRY
Transactions as of
21 Sep 2023
Net transactions value
+$8,183,526
Form type
4
Filing time
25 Sep 2023, 16:30:22 UTC
Previous filing
31 Aug 2023
Next filing
13 Dec 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPRY Common Stock Purchase $7,450,812 +2,508,691 +43% $2.97 8,365,465 21 Sep 2023 See Footnotes F1, F2, F6
transaction SPRY Common Stock Purchase $732,713 +191,309 +2.3% $3.83 8,556,774 21 Sep 2023 See Footnotes F3, F4, F6
holding SPRY Common Stock 902,904 21 Sep 2023 See Footnotes F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction was executed in multiple trades at prices ranging from $2.75 to $3.74; the price reported above reflects the weighted average purchase price. The reporting person hereby undertakes, upon request, to provide full information to the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer regarding the number of shares and prices at which these transactions, and all other transactions reported in this Form 4, were effected.
F2 Held directly by RA Capital Healthcare Fund, L.P. (the "Fund").
F3 This transaction was executed in multiple trades at prices ranging from $3.75 to $3.90; the price reported above reflects the weighted average purchase price. The reporting person hereby undertakes, upon request, to provide full information to the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer regarding the number of shares and prices at which these transactions, and all other transactions reported in this Form 4, were effected.
F4 Held directly by the Fund.
F5 Held directly by RA Capital Nexus Fund II, L.P. (the "Nexus Fund II").
F6 RA Capital Management, L.P. (the "Adviser") is the investment manager for the Fund and the Nexus Fund II. The general partner of the Adviser is RA Capital Management GP, LLC (the "Adviser GP"), of which Dr. Peter Kolchinsky and Mr. Rajeev Shah are the managing members. The Adviser, the Adviser GP, Dr. Kolchinsky, and Mr. Shah disclaim beneficial ownership of any of the reported securities, except to the extent of their pecuniary interest therein.

Remarks:

Dr. Peter Kolchinsky, a Managing Partner of the Adviser, serves on the Issuer's board of directors.