Kevin Bitterman - 17 Jun 2024 Form 4 Insider Report for Disc Medicine, Inc. (IRON)

Role
Director
Signature
/s/ Ommer Chohan, Attorney-in-Fact
Issuer symbol
IRON
Transactions as of
17 Jun 2024
Net transactions value
+$8,000,028
Form type
4
Filing time
20 Jun 2024, 20:00:05 UTC
Previous filing
14 Jun 2024
Next filing
13 Jun 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IRON Common Stock Purchase $8,000,028 +222,223 +112% $36.00 420,549 17 Jun 2024 See footnote F1
holding IRON Common Stock 677,503 17 Jun 2024 See footnote F2
holding IRON Common Stock 51,000 17 Jun 2024 See footnote F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares are held by Atlas Venture Opportunity Fund II, LP ("Opportunity II"). The general partner of Opportunity II is Atlas Venture Associates Opportunity II, LP ("Associates II"). Atlas Venture Associates Opportunity II, LLC ("Associates II LLC") is the general partner of Associates II. The Reporting Person is a member of Associates II LLC and disclaims beneficial ownership of such securities held by Opportunity II, except to the extent of his pecuniary interest therein, if any.
F2 These shares are held by Atlas Venture Opportunity Fund I, LP ("Opportunity I"). The general partner of Opportunity I is Atlas Venture Associates Opportunity I, LP ("Associates I"). Atlas Venture Associates Opportunity I, LLC ("Associates I LLC") is the general partner of Associates I. The Reporting Person is a member of Associates I LLC and disclaims beneficial ownership of such securities held by Opportunity I, except to the extent of his pecuniary interest therein, if any.
F3 These shares are held by Atlas Venture Fund XII, L.P. ("Atlas XII"). The general partner of Atlas XII is Atlas Venture Associates XII, L.P. ("Associates XII"). Atlas Venture Associates XII, LLC ("Associates XII LLC") is the general partner of Associates XII. The Reporting Person is a member of Associates XII LLC and disclaims beneficial ownership of such securities held by Atlas XII, except to the extent of his pecuniary interest therein, if any.

Remarks:

The purchase reported herein is matchable, for purposes of Section 16(b) of the Exchange Act, with a series of sales (the "Sales") of shares of Common Stock on January 10, 2024, January 23, 2024 and March 5, 2024 by Opportunity I and Opportunity II, entities in which the Reporting Person has a pecuniary interest. As a result, the Reporting Person is liable for short-swing profits to the extent of his pecuniary interest in the purchase reported herein and the Sales. The Reporting Person has agreed with the Issuer to disgorge the short-swing profits attributable to such pecuniary interest.