New Enterprise Associates 17, L.P. - Jun 28, 2021 Form 4 Insider Report for Monte Rosa Therapeutics, Inc. (GLUE)

Role: 10%+ Owner
Signature: /s/ Sasha Keough, attorney-in-fact
Stock symbol: GLUE
Transactions as of: Jun 28, 2021
Transactions value $: $19,950,000
Form type: 4
Date filed: 6/30/2021, 05:59 PM
Previous filing: Jun 23, 2021
Next filing: Oct 20, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	Price $	Shares After	Date	Ownership	Footnotes
transaction	GLUE	Common Stock	Conversion of derivative security		+2.72M			2.72M	Jun 28, 2021	Direct	F1, F2
transaction	GLUE	Common Stock	Conversion of derivative security		+3.26M	+119.93%		5.97M	Jun 28, 2021	Direct	F1, F2
transaction	GLUE	Common Stock	Conversion of derivative security		+669K	+11.2%		6.64M	Jun 28, 2021	Direct	F1, F2
transaction	GLUE	Common Stock	Purchase	$20M	+1.05M	+15.81%	$19.00	7.69M	Jun 28, 2021	Direct	F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Shares	Change %	Date	Underlying Class	Amount	Ownership	Footnotes
transaction	GLUE	Series A-2 convertible preferred stock	Conversion of derivative security	-9.59M	-100%	Jun 28, 2021	Common Stock	2.72M	Direct	F1, F2
transaction	GLUE	Series B convertible preferred stock	Conversion of derivative security	-11.5M	-100%	Jun 28, 2021	Common Stock	3.26M	Direct	F1, F2
transaction	GLUE	Series C convertible preferred Stock	Conversion of derivative security	-2.36M	-100%	Jun 28, 2021	Common Stock	669K	Direct	F1, F2

Explanation of Responses:

Id	Content
F1	Each share of Series A-2 convertible preferred stock, Series B convertible preferred stock and Series C convertible preferred stock (collectively, the "Preferred Stock") was convertible at any time at the holder's election and automatically upon the closing of the Issuer's initial public offering. The Preferred Stock converted into Common Stock on a one-for-3.5305 basis upon the closing of the Issuer's initial public offering without payment or additional consideration. The Preferred Stock had no expiration date.
F2	The securities are directly held by New Enterprise Associates 17, L.P. ("NEA 17") and are indirectly held by NEA Partners 17, L.P. ("NEA Partners 17"), the sole general partner of NEA 17, NEA 17 GP, LLC ("NEA 17 GP"), the sole general partner of NEA Partners 17, and the individual managers of NEA 17 GP (NEA Partners 17, NEA 17 GP and the individual managers of NEA 17 GP (collectively, the "Managers"), together, the "Indirect Reporting Persons"). The Mangers of NEA 17 GP are Forest Baskett, Ali Behbahani, Carmen Chang, Anthony Florence, Jr., Liza Landsman, Mohamad Makhzoumi, Josh Makower, Edward Mathers, Scott Sandell, Peter Sonsini, Paul Walker and Rick Yang. The 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 securities held by NEA 17 in which the Indirect Reporting Persons have no pecuniary interest.

Content

Each share of Series A-2 convertible preferred stock, Series B convertible preferred stock and Series C convertible preferred stock (collectively, the "Preferred Stock") was convertible at any time at the holder's election and automatically upon the closing of the Issuer's initial public offering. The Preferred Stock converted into Common Stock on a one-for-3.5305 basis upon the closing of the Issuer's initial public offering without payment or additional consideration. The Preferred Stock had no expiration date.

The securities are directly held by New Enterprise Associates 17, L.P. ("NEA 17") and are indirectly held by NEA Partners 17, L.P. ("NEA Partners 17"), the sole general partner of NEA 17, NEA 17 GP, LLC ("NEA 17 GP"), the sole general partner of NEA Partners 17, and the individual managers of NEA 17 GP (NEA Partners 17, NEA 17 GP and the individual managers of NEA 17 GP (collectively, the "Managers"), together, the "Indirect Reporting Persons"). The Mangers of NEA 17 GP are Forest Baskett, Ali Behbahani, Carmen Chang, Anthony Florence, Jr., Liza Landsman, Mohamad Makhzoumi, Josh Makower, Edward Mathers, Scott Sandell, Peter Sonsini, Paul Walker and Rick Yang. The 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 securities held by NEA 17 in which the Indirect Reporting Persons have no pecuniary interest.