Braden Michael Leonard - Oct 27, 2022 Form 4 Insider Report for Metacrine, Inc. (MTCR)

Role: 10%+ Owner
Signature: Braden Michael Leonard
Stock symbol: MTCR
Transactions as of: Oct 27, 2022
Transactions value $: $317,328
Form type: 4
Date filed: 10/31/2022, 01:47 PM
Previous filing: Oct 27, 2022
Next filing: Nov 9, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MTCR	Common Stock	Purchase	$299K	+768K	+15.62%	$0.39	5.68M	Oct 27, 2022	Holding of BML Investment Partners, L.P.	F1
transaction	MTCR	Common Stock	Purchase	$18K	+45K	+0.79%	$0.40	5.72M	Oct 28, 2022	Holding of BML Investment Partners, L.P.	F1, F2
holding	MTCR	Common Stock						600K	Oct 27, 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 $0.3918 to $0.40. Full information regarding the number of shares purchased at each separate price can be furnished to the SEC staff upon request.

Content

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.

The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $0.3918 to $0.40. Full information regarding the number of shares purchased at each separate price can be furnished to the SEC staff upon request.