NEA Partners 15, L.P. - May 24, 2021 Form 4 Insider Report for Eargo, Inc. (EAR)

Role: 10%+ Owner
Signature: /s/ Sasha Keough, attorney-in-fact
Stock symbol: EAR
Transactions as of: May 24, 2021
Transactions value $: $0
Form type: 4
Date filed: 5/26/2021, 04:33 PM
Next filing: Jun 10, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	EAR	Common Stock	Other	$0	-2M	-30.67%	$0.00	4.52M	May 24, 2021	See Note 2	F1, F2
transaction	EAR	Common Stock	Other	$0	+30K		$0.00	30K	May 24, 2021	Direct	F3, F4
transaction	EAR	Common Stock	Other	$0	-30K	-100%	$0.00^*	0	May 24, 2021	Direct	F4, F5

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

Explanation of Responses:

Id	Content
F1	New Enterprise Associates 15, L.P. ("NEA 15") made a pro rata distribution for no consideration of an aggregate of 2,000,000 shares of Common Stock of the Issuer to its general partner and its limited partners on May 24, 2021.
F2	The shares are directly held by NEA 15, and indirectly held by NEA Partners 15, L.P. ("NEA Partners 15"), the sole general partner of NEA 15, NEA 15 GP, LLC ("NEA 15 GP"), the sole general partner of NEA Partners 15, and each of the individual managers of NEA 15 GP (NEA Partners 15, NEA 15 GP, and the individual managers of NEA 15 GP (collectively, the "Managers") together, the "NEA 15 Indirect Reporting Persons"). The Managers of NEA 15 GP are Forest Baskett, Anthony A. Florence, Jr., Mohamad Makhzoumi, Josh Makower, Scott D. Sandell and Peter W. Sonsini. The NEA 15 Indirect Reporting Persons disclaim beneficial ownership within the meaning of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise of such portion of the NEA 15 shares in which the NEA 15 Indirect Reporting Persons have no pecuniary interest.
F3	NEA Partners 15 received 30,000 shares of Common Stock of the Issuer in the distribution by NEA 15 on May 24, 2021.
F4	The shares are directly held by NEA Partners 15 and indirectly held by NEA 15 GP, the sole general partner of NEA Partners 15, and the Managers (NEA Partners 15 and the Managers together, the "NEA Partners 15 Indirect Reporting Persons"). The NEA Partners 15 Indirect Reporting Persons disclaim beneficial ownership within the meaning of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise of such portion of the NEA Partners 15 shares in which the NEA Partners 15 Indirect Reporting Persons have no pecuniary interest.
F5	NEA Partners 15 made a pro rata distribution for no consideration of an aggregate of 30,000 shares of Common Stock of the Issuer to its limited partners on May 24, 2021.