OrbiMed Israel GP Ltd. - 03 Jan 2023 Form 4 Insider Report for Chemomab Therapeutics Ltd. (CMMB)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
05 Jan 2023, 15:49:08 UTC
Prior SEC filing
25 Jun 2021
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
OrbiMed Israel BioFund GP Limited, /s/ Douglas Coon, Chief Compliance Officer

Key filing fact

OrbiMed Israel GP Ltd. filed Form 4 for Chemomab Therapeutics Ltd. (CMMB) on 05 Jan 2023.

Key facts

  • This page summarizes OrbiMed Israel GP Ltd.'s Form 4 filing for Chemomab Therapeutics Ltd. (CMMB).
  • 2 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 05 Jan 2023, 15:49.

Change

  • Previous filing in this sequence was filed on 25 Jun 2021.
  • Current net transaction value: -$1,207,759.

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.

CMMB transaction

American Depository Shares

Sale

Transaction value
$889,696
Shares
-266,376
Change %
-10%
Price
$3.34
Shares after
2,311,798
Date
03 Jan 2023
Ownership
See Footnotes
Footnotes
F1, F2, F4, F5
CMMB transaction

American Depository Shares

Sale

Transaction value
$318,063
Shares
-70,524
Change %
-3.1%
Price
$4.51
Shares after
2,241,274
Date
03 Jan 2023
Ownership
See Footnotes
Footnotes
F1, F3, F4, F5
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

Each American Depository Share ("ADS") represents 20 Ordinary Shares of the Issuer.

Footnote F2

Represents the weighted average sale price of the ADSs sold, ranging from a low of $2.85 to a high of $3.81 per ADS. The Reporting Persons undertake, upon request by the staff of the Securities and Exchange Commission, the Issuer or a security holder of the Issuer, to provide full information regarding the number of ADSs sold at each separate price.

Footnote F3

Represents the weighted average sale price of the ADSs sold, ranging from a low of $3.87 to a high of $4.83 per ADS. The Reporting Persons undertake, upon request by the staff of the Securities and Exchange Commission, the Issuer or a security holder of the Issuer, to provide full information regarding the number of ADSs sold at each separate price.

Footnote F4

These ADSs are held of record by OrbiMed Israel Partners Limited Partnership ("OIP"). OrbiMed Israel BioFund GP Limited Partnership ("OrbiMed BioFund") is the general partner of OIP, and OrbiMed Israel GP Ltd. ("OrbiMed Israel GP") is the general partner of OrbiMed BioFund. By virtue of such relationships, OrbiMed BioFund and OrbiMed Israel GP may be deemed to have voting and investment power with respect to the ADSs held directly by OIP and, as a result, may be deemed to beneficially own such securities for purposes of Rule 13d-3 under the Securities Exchange Act of 1934, as amended (the "Exchange Act"). OrbiMed Israel GP exercises this investment and voting power through a management committee comprised of Carl L. Gordon and Erez Chimovits, each of whom disclaims beneficial ownership of the shares held by OIP.

Footnote F5

This report is being jointly filed by OrbiMed BioFund and OrbiMed Israel GP. Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein for purposes of Rule 16a-1(a) under the Exchange Act, except to the extent of its pecuniary interest therein, if any. This report shall not be deemed an admission that any of the Reporting Persons are a beneficial owner of such securities for the purpose of Section 16 of the Exchange Act, or for any other purpose.

We use cookies and similar technologies to provide certain features, enhance the user experience and, if you allow them, measure engagement and deliver advertising. Analytics and marketing storage stay off until you grant consent. By clicking on "Agree and continue", you declare your consent to the use of the selected optional cookies. Manage preferences to update or revoke optional consent for future visits. For more information, see our Privacy Policy .