Commodore Capital Lp - Feb 21, 2023 Form 4 Insider Report for IMARA Inc. (ELVN)

Role
10%+ Owner
Signature
/s/ Michael Kramarz, Managing Partner
Stock symbol
ELVN
Transactions as of
Feb 21, 2023
Transactions value $
$163,498
Form type
4
Date filed
2/23/2023, 03:05 PM
Previous filing
Feb 21, 2023
Next filing
Feb 27, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ELVN Common stock, par value $0.001 per share Purchase $43K +8.19K +0.29% $5.25 2.85M Feb 21, 2023 By Commodore Capital Master LP F1, F2
transaction ELVN Common stock, par value $0.001 per share Purchase $120K +23.6K +0.83% $5.11 2.87M Feb 22, 2023 By Commodore Capital Master LP F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $5.18 to $5.37 per share, inclusive. The Reporting Person undertakes to provide to Issuer any security holder of Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth herein.
F2 The shares are held directly by Commodore Capital Master LP ("Commodore Master"). Commodore Capital LP ("Commodore Capital") is the investment manager to Commodore Master. Michael Kramarz and Robert Egen Atkinson are the managing partners of Commodore Capital and exercise investment and dispositive power over the securities held by Commodore Master. Each of Commodore Capital, Dr. Kramarz and Dr. Atkinson disclaim beneficial ownership of such securities, except to the extent of their pecuniary interest therein. This report shall not be deemed an admission that Commodore Capital, Commodore Master, Dr. Kramarz and Dr. Atkinson or any other person is the beneficial owner of the securities reported herein for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
F3 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $4.45 to $5.64 per share, inclusive. The Reporting Person undertakes to provide to Issuer any security holder of Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth herein.