Kirin Holdings Company, Ltd /FI - Sep 29, 2021 Form 4 Insider Report for Thorne Healthtech, Inc. (THRN)

Role
10%+ Owner
Signature
/s/ Toru Yoshimura
Stock symbol
THRN
Transactions as of
Sep 29, 2021
Transactions value $
$0
Form type
4
Date filed
9/29/2021, 11:13 AM
Previous filing
Sep 22, 2021
Next filing
Oct 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction THRN Common Stock Conversion of derivative security +13.5M +622.82% 15.7M Sep 29, 2021 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 THRN Series E Convertible Preferred Stock Conversion of derivative security -13.5M -99.58% 56.5K Sep 29, 2021 Common Stock 13.5M Direct F1, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each share of the Issuer's Series E Preferred Stock automatically converted into one (1) share of the Issuers Common Stock immediately upon the closing of the Issuer's initial public offering. The shares had no expiration date.
F2 Includes Class A Common Stock which are renamed as Common Stock, immediately prior to the completion of the Issuer's initial public offering of Common Stock.
F3 The Series E Convertible Preferred Stock is convertible into Common Stock on a 1 for 1 basis and shall be automatically converted into shares of Common Stock at the then effective conversion price upon the closing of the Issuer's initial public offering.
F4 Represents fully vested and exercisable Warrants to purchase the Issuer's common stock, previously reported on the Reporting Person's Form 3 dated 09/22/2021.