Home Assurance Co American - Feb 6, 2024 Form 4 Insider Report for Fractyl Health, Inc. (GUTS)

Role
10%+ Owner
Signature
/s/ Tanya Kent, Secretary
Stock symbol
GUTS
Transactions as of
Feb 6, 2024
Transactions value $
$0
Form type
4
Date filed
2/8/2024, 04:49 PM
Previous filing
Feb 1, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GUTS Common Stock Conversion of derivative security +284K 284K Feb 6, 2024 Direct 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 GUTS Series E Preferred Shares Conversion of derivative security $0 -494K -100% $0.00* 0 Feb 6, 2024 Common Stock 230K Direct F1, F2
transaction GUTS Series F Preferred Shares Conversion of derivative security $0 -115K -100% $0.00* 0 Feb 6, 2024 Common Stock 53.6K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Home Assurance Co American is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 The Series E Convertible Preferred Stock and Series F Convertible Preferred Stock (together, the "Preferred Shares") automatically converted into shares of the Issuer's common stock, for no additional consideration, immediately prior to the closing of the Issuer's initial public offering of common stock, at a conversion ratio of 1 share of Common Stock for 2.146 Preferred Shares. The Preferred Shares had no expiration date.
F2 American Home Assurance Company is a wholly owned, indirect subsidiary of American International Group, Inc.