Braden Michael Leonard - Apr 21, 2022 Form 4 Insider Report for IMARA Inc. (ELVN)

Role
10%+ Owner
Signature
Braden Michael Leonard
Stock symbol
ELVN
Transactions as of
Apr 21, 2022
Transactions value $
$783,840
Form type
4
Date filed
4/25/2022, 11:05 AM
Previous filing
Apr 13, 2022
Next filing
May 2, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ELVN Common Stock Purchase $773K +552K +24% $1.40* 2.85M Apr 21, 2022 Holding of BML Investment Partners, L.P. F1, F2
transaction ELVN Common Stock Purchase $11K +8K +0.28% $1.38* 2.86M Apr 22, 2022 Holding of BML Investment Partners, L.P. F1, F3
holding ELVN Common Stock 320K Apr 21, 2022 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 BML Capital Management, LLC ("BML Capital") serves as the general partner of BML Investment Partners, L.P., a Delaware limited partnership (the "Fund"), which is the direct owner of the subject shares. Mr. Leonard is the managing member of BML Capital, and exercises investment and voting control over the subject shares. Accordingly, shares owned directly by the Fund may be regarded as being beneficially owned by Mr. Leonard. Notwithstanding, Mr. Leonard disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein.
F2 The shares were purchased in 1 transaction at $1.40 per share.
F3 The shares were purchased in multiple transactions at $1.38 per share.