Merdad Parsey - 18 Jul 2023 Form 4 Insider Report for Sagimet Biosciences Inc. (SGMT)

Reporting relationship: Director
Issuer ticker: SGMT
Reported as of: 18 Jul 2023
Net transaction value: $0
SEC form: 4
Accepted by SEC: 20 Jul 2023, 16:17:52 UTC
Prior SEC filing: 13 Jul 2023
Next SEC filing: 11 Sep 2023
Source filing: View source filing
Reporting owner signature: /s/ Dennis Hom, Attorney-in-Fact

Key filing fact

Merdad Parsey filed Form 4 for Sagimet Biosciences Inc. (SGMT) on 20 Jul 2023.

Key facts

This page summarizes Merdad Parsey's Form 4 filing for Sagimet Biosciences Inc. (SGMT).
14 reported transactions and 11 derivative rows are listed below.
Accepted by SEC: 20 Jul 2023, 16:17.

Change

Previous filing in this sequence was filed on 13 Jul 2023.
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.

SGMT transaction

Common Stock

Disposed to Issuer

Transaction value
Shares: -8,677
Change %: -100%
Price
Shares after: 0
Date: 18 Jul 2023
Ownership: Direct
Footnotes: F1

SGMT transaction

Series A Common Stock

Award

Transaction value
Shares: +8,677
Change %
Price
Shares after: 8,677
Date: 18 Jul 2023
Ownership: Direct
Footnotes: F1

SGMT transaction

Series A Common Stock

Conversion of derivative security

Transaction value
Shares: +4,117
Change %: +47%
Price
Shares after: 12,794
Date: 18 Jul 2023
Ownership: Direct
Footnotes: F2

Reported derivative securities

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

SGMT transaction Derivative

Series E Preferred Stock

Conversion of derivative security

Transaction value: $0
Shares: -327,309
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 18 Jul 2023
Ownership: Direct
Underlying class: Series A Common Stock
Underlying amount: 4,117
Exercise price
Footnotes: F1, F2

SGMT transaction Derivative

Stock Option (Right to Buy)

Disposed to Issuer

Transaction value: $0
Shares: -2,086
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 18 Jul 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 2,086
Exercise price: $11.13
Footnotes: F1, F3

SGMT transaction Derivative

Stock Option (Right to Buy)

Award

Transaction value: $0
Shares: +2,086
Change %
Price: $0.000000
Shares after: 2,086
Date: 18 Jul 2023
Ownership: Direct
Underlying class: Series A Common Stock
Underlying amount: 2,086
Exercise price: $11.13
Footnotes: F1, F3

SGMT transaction Derivative

Stock Option (Right to Buy)

Disposed to Issuer

Transaction value: $0
Shares: -3,349
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 18 Jul 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 3,349
Exercise price: $23.05
Footnotes: F1, F3

SGMT transaction Derivative

Stock Option (Right to Buy)

Award

Transaction value: $0
Shares: +3,349
Change %
Price: $0.000000
Shares after: 3,349
Date: 18 Jul 2023
Ownership: Direct
Underlying class: Series A Common Stock
Underlying amount: 3,349
Exercise price: $23.05
Footnotes: F1, F3

SGMT transaction Derivative

Stock Option (Right to Buy)

Disposed to Issuer

Transaction value: $0
Shares: -144
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 18 Jul 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 144
Exercise price: $23.05
Footnotes: F1, F3

SGMT transaction Derivative

Stock Option (Right to Buy)

Award

Transaction value: $0
Shares: +144
Change %
Price: $0.000000
Shares after: 144
Date: 18 Jul 2023
Ownership: Direct
Underlying class: Series A Common Stock
Underlying amount: 144
Exercise price: $23.05
Footnotes: F1, F3

SGMT transaction Derivative

Stock Option (Right to Buy)

Disposed to Issuer

Transaction value: $0
Shares: -23,216
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 18 Jul 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 23,216
Exercise price: $6.36
Footnotes: F1, F3

SGMT transaction Derivative

Stock Option (Right to Buy)

Award

Transaction value: $0
Shares: +23,216
Change %
Price: $0.000000
Shares after: 23,216
Date: 18 Jul 2023
Ownership: Direct
Underlying class: Series A Common Stock
Underlying amount: 23,216
Exercise price: $6.36
Footnotes: F1, F3

SGMT transaction Derivative

Stock Option (Right to Buy)

Disposed to Issuer

Transaction value: $0
Shares: -23,839
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 18 Jul 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 23,839
Exercise price: $6.36
Footnotes: F1, F3

SGMT transaction Derivative

Stock Option (Right to Buy)

Award

Transaction value: $0
Shares: +23,839
Change %
Price: $0.000000
Shares after: 23,839
Date: 18 Jul 2023
Ownership: Direct
Underlying class: Series A Common Stock
Underlying amount: 23,839
Exercise price: $6.36
Footnotes: F1, F3

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

Pursuant to a reclassification exempt under Rule 16b-7 and Rule 16b-3, each share of Common Stock was reclassified into one share of Series A Common Stock.

Footnote F2

Upon closing of the Issuer's initial public offering, each share of Series E Preferred Stock automatically converted on a 79.4784-to-one basis into shares of the Issuer's Series A Common Stock. The Series E Preferred Stock had no expiration date.

Footnote F3

The shares underlying this option are fully vested and exercisable as of the date hereof.