Braden M. Leonard - May 16, 2022 Form 4 Insider Report for IMARA Inc. (ELVN)

Role
10%+ Owner
Signature
Braden Michael Leonard
Stock symbol
ELVN
Transactions as of
May 16, 2022
Transactions value $
$50,413
Form type
4
Date filed
5/18/2022, 11:00 AM
Previous filing
May 16, 2022
Next filing
May 19, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ELVN Common Stock Purchase $17.6K +15K +0.52% $1.17* 2.88M May 16, 2022 Holding of BML Investment Partners, L.P. F1, F2
transaction ELVN Common Stock Purchase $32.8K +26.1K +0.91% $1.26* 2.9M May 17, 2022 Holding of BML Investment Partners, L.P. F1, F3
holding ELVN Common Stock 320K May 16, 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 price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $1.16 to $1.19. Full information regarding the number of shares purchased at each separate price can be furnished to the SEC staff upon request.
F3 The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $1.22 to $1.26. Full information regarding the number of shares purchased at each separate price can be furnished to the SEC staff upon request.