Foresite Capital Management V, LLC - 05 Apr 2023 Form 4 Insider Report for PARDES BIOSCIENCES, INC.

Role
10%+ Owner
Signature
/s/ Dennis Ryan, on behalf of Foresite Capital Management V, LLC
Issuer symbol
N/A
Transactions as of
05 Apr 2023
Net transactions value
+$1,160,928
Form type
4
Filing time
06 Apr 2023, 21:08:12 UTC
Previous filing
03 Jan 2023
Next filing
19 Jul 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PRDS Common Stock Purchase $1,160,928 +773,952 +6% $1.50 13,583,762 05 Apr 2023 See Footnote F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On April 5, 2023, Foresite Capital Fund V, L.P. ("Capital Fund V L.P.") purchased 773,952 shares of the Issuer's Common Stock at an aggregate price of approximately $1.50 per share, or $1,160,928 in the aggregate, in open market purchases. Foresite Capital Management V, LLC ("FCMVLLC") is the general partner of Capital Fund V L.P. Each of FCMVLLC and Dr. Tananbaum, in his capacity as managing member of FCMVLLC, disclaims beneficial ownership of these shares except to the extent of any pecuniary interest therein.