Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | RNAC | Series A Non-Voting Convertible Preferred Stock | Options Exercise | -124K | -100% | 0 | Apr 8, 2024 | Direct | F1 | ||
transaction | RNAC | Common Stock | Options Exercise | +4.13M | +1658.62% | 4.38M | Apr 8, 2024 | Direct | F1, F2 | ||
transaction | RNAC | Series A Non-Voting Convertible Preferred Stock | Options Exercise | -24.8K | -100% | 0 | Apr 8, 2024 | See Footnote | F1, F3 | ||
transaction | RNAC | Common Stock | Options Exercise | +826K | +75.01% | 1.93M | Apr 8, 2024 | See Footnote | F1, F2, F3 | ||
holding | RNAC | Common Stock | 3.49K | Apr 8, 2024 | By wife | F2 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
holding | RNAC | Stock Option (Right to Buy) | 7.6K | Apr 8, 2024 | Common Stock | 7.6K | $19.66 | Direct | F2, F4 | |||||
holding | RNAC | Warrant (Right to Buy) | 167K | Apr 8, 2024 | Common Stock | 167K | $46.50 | See Footnote | F2 |
Id | Content |
---|---|
F1 | On March 27, 2024, the issuer held a special meeting of stockholders (the "Special Meeting"). At the Special Meeting, the stockholders of the issuer approved a 1-for-30 reverse stock split (the "Reverse Stock Split") of the issuer's common stock ("Common Stock") and the conversion of the issuer's Series A Non-Voting Convertible Preferred Stock ("Series A Preferred Stock") into shares of Common Stock. On April 8, 2024, the conversion of the majority of the shares of Series A Preferred Stock occurred automatically (the "Automatic Conversion"). The remaining shares of Series A Preferred Stock remain subject to certain beneficial ownership limitations described in the issuer's filings with the Securities and Exchange Commission. At the time of the Automatic Conversion, all of the reporting person's shares of Series A Preferred Stock converted into shares of Common Stock. |
F2 | On April 4, 2024, the issuer effected the "Reverse Stock Split". The amount of securities reported on this Form 4 has been adjusted to reflect the Reverse Stock Split. |
F3 | Held by TAS Partners LLC. The reporting person is the managing member of TAS Partners LLC. The reporting person disclaims beneficial ownership of the securities held by TAS Partners LLC except to the extent of his pecuniary interest therein, if any. |
F4 | This award will vest in 36 equal monthly installments, so that it shall be fully vested on the third anniversary of the date of grant. |