Ra Capital Management, L.P. - Sep 16, 2024 Form 4 Insider Report for Bicara Therapeutics Inc. (BCAX)

Role
Director, 10%+ Owner
Signature
/s/ Peter Kolchinsky, Manager of RA Capital Management, L.P.
Stock symbol
BCAX
Transactions as of
Sep 16, 2024
Transactions value $
$32,994,000
Form type
4
Date filed
9/18/2024, 06:02 PM
Previous filing
Sep 23, 2024
Next filing
Oct 22, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BCAX Common Stock Conversion of derivative security +2.62M 2.62M Sep 16, 2024 See footnotes F1, F2, F3
transaction BCAX Common Stock Conversion of derivative security +2.5M 2.5M Sep 16, 2024 See footnotes F1, F2, F4
transaction BCAX Common Stock Purchase $30.2M +1.68M +64.07% $18.00 4.3M Sep 16, 2024 See footnotes F2, F3
transaction BCAX Common Stock Purchase $2.74M +152K +6.1% $18.00 2.65M Sep 16, 2024 See footnotes F2, F4

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 BCAX Series B Preferred Stock Conversion of derivative security -18.4M -100% 0 Sep 16, 2024 Common Stock 1.99M See Footnotes F1, F2, F3
transaction BCAX Series B Preferred Stock Conversion of derivative security -12.3M -100% 0 Sep 16, 2024 Common Stock 1.33M See Footnotes F1, F2, F4
transaction BCAX Series C Preferred Stock Conversion of derivative security -5.84M -100% 0 Sep 16, 2024 Common Stock 631K See Footnotes F1, F2, F3
transaction BCAX Series C Preferred Stock Conversion of derivative security -10.8M -100% 0 Sep 16, 2024 Common Stock 1.17M See Footnotes F1, F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each share of Series B Preferred Stock and Series C Preferred Stock (collectively, the "Preferred Stock") converted into shares of Common Stock of the Issuer on a one-for-9.2435 basis without payment of further consideration. Upon the closing of the Issuer's initial public offering (the "IPO"), the Preferred Stock was converted into the number of shares of Common Stock of the Issuer shown in column 7 of Table II. The Preferred Stock had no expiration date.
F2 RA Capital Management, L.P. (the "Adviser") is the investment manager for RA Capital Healthcare Fund, L.P. (the "Fund") and RA Capital Nexus Fund III, L.P. (the "Nexus Fund III"). The general partner of the Adviser is RA Capital Management GP, LLC (the "Adviser GP"), of which Dr. Peter Kolchinsky and Mr. Rajeev Shah are the managing members. Each of the Adviser, the Adviser GP, the Fund, the Nexus Fund III, Dr. Kolchinsky and Mr. Shah disclaims beneficial ownership of any of the reported securities, except to the extent of its or his respective pecuniary interest therein.
F3 Held directly by the Fund.
F4 Held directly by Nexus Fund III.

Remarks:

Jake Simson, a Partner of the Adviser, serves on the Issuer's board of directors.