Richard A. Heyman - 26 Feb 2024 Form 4 Insider Report for RayzeBio, Inc.

Role
Director
Signature
/s/ Jeff Woodley, Attorney-in-Fact
Issuer symbol
N/A
Transactions as of
26 Feb 2024
Net transactions value
-$22,965,375
Form type
4
Filing time
27 Feb 2024, 16:59:10 UTC
Previous filing
20 Feb 2024
Next filing
21 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RYZB Common Stock Disposed to Issuer $22,965,375 -367,446 -100% $62.50 0 26 Feb 2024 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Richard A. Heyman is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Pursuant to the Agreement and Plan of Merger (the "Merger Agreement"), dated December 25, 2023, by and among RayzeBio, Inc. (the "Issuer"), Bristol-Myers Squibb Company ("BMS") and, by way of a joinder dated December 26, 2023, Rudolph Merger Sub Inc., a wholly owned subsidiary of BMS ("Purchaser"), on February 22, 2024, Purchaser completed a tender offer for shares of common stock of the Issuer (each, a "Share") and thereafter merged with and into the Issuer, with the Issuer continuing as the surviving corporation and a wholly owned subsidiary of BMS (the "Merger"). Pursuant to the terms of the Merger Agreement, the Shares were tendered and disposed of at the Offer Acceptance Time (as defined in the Merger Agreement) in exchange for the right to receive the $62.50 per Share in cash, without interest, subject to any applicable withholding of taxes (the "Cash Amount"). At the effective time of the Merger, each issued and outstanding Share was cancelled in exchange for the Cash Amount.