John A. Stalfort III - Jul 6, 2021 Form 4 Insider Report for Acumen Pharmaceuticals, Inc. (ABOS)

Role
Director
Signature
/s/ Katherine Denby, Attorney-in-Fact
Stock symbol
ABOS
Transactions as of
Jul 6, 2021
Transactions value $
$560,000
Form type
4
Date filed
7/8/2021, 06:17 PM
Previous filing
Jul 2, 2021
Next filing
Jun 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ABOS Common Stock Conversion of derivative security +130K +1822.23% 137K Jul 6, 2021 Direct F1
transaction ABOS Common Stock Purchase $560K +35K +25.49% $16.00 172K Jul 6, 2021 Direct
transaction ABOS Common Stock Conversion of derivative security +132K 132K Jul 6, 2021 See footnote 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 ABOS Series A-1 Preferred Conversion of derivative security $0 -130K -100% $0.00* 0 Jul 6, 2021 Common Stock 130K Direct F1
transaction ABOS Series B Preferred Conversion of derivative security $0 -132K -100% $0.00* 0 Jul 6, 2021 Common Stock 132K See footnote F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On July 6, 2021, each share of Series A-1 Convertible Preferred Stock and each share of Series B Convertible Preferred Stock converted into Common Stock on a one-for-one basis without payment of further consideration upon closing of the initial public offering of the Issuer's common stock. The shares had no expiration date.
F2 The securities are held by Gineane Holly Stalfort, as Trustee of the John A. Stalfort III 2018 Irrevocable Trust under agreement dated as of October 25, 2018.