Venrock Associates VII, L.P. - Jun 22, 2021 Form 4 Insider Report for Cyteir Therapeutics, Inc. (CYT)

Role
10%+ Owner
Signature
/s/ David L. Stepp, Authorized Signatory
Stock symbol
CYT
Transactions as of
Jun 22, 2021
Transactions value $
$0
Form type
4
Date filed
6/23/2021, 04:08 PM
Previous filing
Jun 17, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CYT Common Stock Conversion of derivative security +3.26M 3.26M Jun 22, 2021 By Funds 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 CYT Series B Convertible Preferred Stock Conversion of derivative security -10M -100% 0 Jun 22, 2021 Common Stock 2.93M Direct F1
transaction CYT Series C Convertible Preferred Stock Conversion of derivative security -1.11M -100% 0 Jun 22, 2021 Common Stock 325K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Venrock Associates VII, L.P. is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Each share of Series B Convertible Preferred Stock and Series C Convertible Preferred Stock converted into shares of Common Stock at a ratio of 1:3.4088 upon completion of the Issuer's initial public offering. The shares have no expiration date.
F2 Consists of 3,009,710 shares of Common Stock held by Venrock Associates VII, L.P. ("VA VII") and 249,315 shares of Common Stock held by Venrock Partners VII, L.P. ("VP VII"). Venrock Management VII, LLC ("VM VII") is the sole general partner of VA VII and VP VII and may be deemed to beneficially own these shares and expressly disclaims beneficial ownership over all shares held by VA VII and VP VII except to the extent of its indirect pecuniary interest therein.