EcoR1 Capital, LLC - 30 Sep 2021 Form 4 Insider Report for Corvus Pharmaceuticals, Inc. (CRVS)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
01 Oct 2021, 19:39:15 UTC
Prior SEC filing
22 Sep 2021
Next SEC filing
18 Nov 2021
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
Oleg Nodelman, Manager of EcoR1 Capital, LLC

Key filing fact

EcoR1 Capital, LLC filed Form 4 for Corvus Pharmaceuticals, Inc. (CRVS) on 01 Oct 2021.

Key facts

  • This page summarizes EcoR1 Capital, LLC's Form 4 filing for Corvus Pharmaceuticals, Inc. (CRVS).
  • 2 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 01 Oct 2021, 19:39.

Change

  • Previous filing in this sequence was filed on 22 Sep 2021.
  • Current net transaction value: -$25,059,900.

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.

CRVS transaction

Common Stock

Sale

Transaction value
$15,131,100
Shares
-3,000,000
Change %
-59%
Price
$5.04
Shares after
2,081,077
Date
30 Sep 2021
Ownership
See Note 2
Footnotes
F1, F2
CRVS transaction

Common Stock

Sale

Transaction value
$9,928,800
Shares
-2,000,000
Change %
-96%
Price
$4.96
Shares after
81,077
Date
01 Oct 2021
Ownership
See Note 2
Footnotes
F2, F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

EcoR1 Capital, 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 3 footnotes

Footnote F1

EcoR1 Capital Fund Qualified, L.P. ("Qualified Fund") sold 2,643,300 shares of Common Stock in this transaction and held 1,803,513 shares of Common Stock following this transaction.

Footnote F2

The filing persons (the "Filers") are EcoR1 Capital, LLC ("EcoR1"), Oleg Nodelman and Qualified Fund. EcoR1 is the general partner and investment adviser of private funds, including Qualified Fund (collectively, the "Funds"). Mr. Nodelman is the manager and controlling owner of EcoR1. EcoR1 is filing this Form 4 for itself, Mr. Nodelman and Qualified Fund. The Filers are filing this Form 4 jointly, but not as a group, and each expressly disclaims membership in a group, within the meaning of Rule 13d-5(b) under the Securities Exchange Act of 1934, as amended. The Funds hold these securities directly for the benefit of their investors. EcoR1 indirectly beneficially owns them as the investment adviser to the Funds, and Mr. Nodelman indirectly beneficially owns them as the control person of EcoR1. The Filers disclaim beneficial ownership of such securities except to the extent of their respective pecuniary interests therein.

Footnote F3

Qualified Fund sold 1,760,600 shares of Common Stock in this transaction and held 42,913 shares of Common Stock following this transaction.

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