ARCH Venture Partners X, LLC - 21 Jun 2021 Form 4 Insider Report for Verve Therapeutics, Inc. (VERV)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
23 Jun 2021, 16:29:06 UTC
Next SEC filing
15 Jul 2021
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ ARCH Venture Fund X, L.P., By: ARCH Venture Partners X, L.P., its General Partner, By: ARCH Venture Partners X, LLC, its General Partner, By: Mark McDonnell, attorney in-fact

Key filing fact

ARCH Venture Partners X, LLC filed Form 4 for Verve Therapeutics, Inc. (VERV) on 23 Jun 2021.

Key facts

  • This page summarizes ARCH Venture Partners X, LLC's Form 4 filing for Verve Therapeutics, Inc. (VERV).
  • 6 reported transactions and 4 derivative rows are listed below.
  • Accepted by SEC: 23 Jun 2021, 16:29.

Change

  • No earlier filing in this sequence is available for direct comparison.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

VERV transaction

Common Stock, par value $0.001

Conversion of derivative security

Transaction value
Shares
+1,254,404
Change %
Price
Shares after
1,254,404
Date
21 Jun 2021
Ownership
ARCH Venture Fund X, L.P.
Footnotes
F1, F3, F4
VERV transaction

Common Stock, par value $0.001

Conversion of derivative security

Transaction value
Shares
+1,254,405
Change %
Price
Shares after
1,254,405
Date
21 Jun 2021
Ownership
ARCH Venture Fund X Overage, L.P.
Footnotes
F2, F3, F4

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

VERV transaction Derivative

Series A Convertible Preferred Stock

Conversion of derivative security

Transaction value
Shares
-7,107,024
Change %
-100%
Price
Shares after
0
Date
21 Jun 2021
Ownership
See Footnotes
Underlying class
Common Stock
Underlying amount
767,538
Exercise price
Footnotes
F1, F3, F4, F5
VERV transaction Derivative

Series A Convertible Preferred Stock

Conversion of derivative security

Transaction value
Shares
-7,107,023
Change %
-100%
Price
Shares after
0
Date
21 Jun 2021
Ownership
See Footnotes
Underlying class
Common Stock
Underlying amount
767,538
Exercise price
Footnotes
F2, F3, F4, F5
VERV transaction Derivative

Series A-2 Convertible Preferred Stock

Conversion of derivative security

Transaction value
Shares
-4,508,144
Change %
-100%
Price
Shares after
0
Date
21 Jun 2021
Ownership
See Footnotes
Underlying class
Common Stock
Underlying amount
486,866
Exercise price
Footnotes
F1, F3, F4, F5
VERV transaction Derivative

Series A-2 Convertible Preferred Stock

Conversion of derivative security

Transaction value
Shares
-4,508,146
Change %
-100%
Price
Shares after
0
Date
21 Jun 2021
Ownership
See Footnotes
Underlying class
Common Stock
Underlying amount
486,867
Exercise price
Footnotes
F2, F3, F4, F5
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

ARCH Venture Partners X, LLC is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 5 footnotes

Footnote F1

Represents shares held directly by ARCH Venture Fund X, L.P. (ARCH X). ARCH Venture Partners X, L.P. (AVP X LP) is the sole general partner of ARCH X.

Footnote F2

Represents shares held directly by ARCH Venture Fund X Overage, L.P. (ARCH X Overage). ARCH Venture Partners X Overage, L.P. (AVP X Overage LP) is the sole general partner of ARCH X Overage.

Footnote F3

ARCH Venture Partners X, LLC (AVP X LLC) is the sole general partner of each of AVP X LP and AVP X Overage LP. Robert Nelsen, Keith Crandell, Kristina Burow and Steven Gillis are members of the investment committee of AVP X LLC (the AVP X Committee Members). AVP X LP and AVP X Overage LP may be deemed to beneficially own the shares held by ARCH X and ARCH X Overage, respectively, AVP X LLC may be deemed to beneficially own the shares held by ARCH X and ARCH X Overage, and each of the AVP X Committee Members may be deemed to share the power to direct the disposition and vote of the shares held by ARCH X and ARCH X Overage. AVP X LP, AVP X Overage LP, AVP X LLC, and the AVP X Committee Members each disclaim beneficial ownership except to the extent of any pecuniary interest therein.

Footnote F4

The shares of Issuer's Preferred Stock converted into shares of Issuer's Common Stock, for no additional consideration, on a 1-for-9.2595 basis immediately prior to the consummation of Issuer's initial public offering.

Footnote F5

The expiration date is not relevant to the conversion of these securities.

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