Kevin Bitterman - 01 Jun 2021 Form 4 Insider Report for Akero Therapeutics, Inc. (AKRO)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
03 Jun 2021, 20:07:04 UTC
Next SEC filing
03 Jan 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Kevin Bitterman

Key filing fact

Kevin Bitterman filed Form 4 for Akero Therapeutics, Inc. (AKRO) on 03 Jun 2021.

Key facts

  • This page summarizes Kevin Bitterman's Form 4 filing for Akero Therapeutics, Inc. (AKRO).
  • 2 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 03 Jun 2021, 20:07.

Change

  • No earlier filing in this sequence is available for direct comparison.
  • Current net transaction value: -$459,611.

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.

AKRO transaction

Common Stock

Sale

Transaction value
$434,776
Shares
-16,544
Change %
-100%
Price
$26.28
Shares after
0
Date
01 Jun 2021
Ownership
See footnote
Footnotes
F1, F2, F3, F4
AKRO transaction

Common Stock

Sale

Transaction value
$24,835
Shares
-945
Change %
-100%
Price
$26.28
Shares after
0
Date
01 Jun 2021
Ownership
See footnote
Footnotes
F1, F2, F3, F5
AKRO holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
1,963,529
Date
01 Jun 2021
Ownership
See footnote
Footnotes
F2, F6
AKRO holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
268,722
Date
01 Jun 2021
Ownership
See footnote
Footnotes
F2, F7
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 7 footnotes

Footnote F1

Shares were sold pursuant to a Rule 10b5-1 trading plan.

Footnote F2

The shares reported herein give effect to the pro rata distribution of shares by Atlas Venture Fund XI, L.P. ("AVF XI") and Atlas Venture Opportunity Fund I, L.P. ("AVOF") for no additional consideration to their respective limited and general partners, including Atlas Venture Associates XI, LP ("AVA XI LP") and Atlas Venture Associates Opportunity I, LLC ("AVAO LP"). As the distributions of such shares constituted only a change in the form of the Reporting Person's indirect ownership in such shares, the Reporting Person was not required to report these distributions pursuant to Section 16.

Footnote F3

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $25.73 to $26.67 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Footnote F4

These shares are owned directly by AVA XI LP. Atlas Venture Associates XI, LLC ("AVA XI LLC") is the general partner of AVA XI LP. The Reporting Person is a member of AVA XI LLC and disclaims Section 16 beneficial ownership of the securities, except to the extent of his pecuniary interest therein, if any.

Footnote F5

These shares are owned directly by AVAO LP. Atlas Venture Associates Opportunity I, LLC ("AVAO LLC") is the general partner of AVAO LP. The Reporting Person is a member of AVAO LLC and disclaims Section 16 beneficial ownership of the securities, except to the extent of his pecuniary interest therein, if any.

Footnote F6

These shares are owned directly by AVF XI. AVA XI LP is the general partner of AVF XI. AVA XI LLC is the general partner of AVA XI LP. The Reporting Person is a member of AVA XI LLC and disclaims Section 16 beneficial ownership of the securities held by AVF XI, except to the extent of his pecuniary interest therein, if any.

Footnote F7

These shares are owned directly by AVOF. AVAO LP is the general partner of AVOF. AVAO LLC is the general partner of AVAO LP. The Reporting Person is a member of AVAO LLC and disclaims Section 16 beneficial ownership of the securities held by AVOF, except to the extent of his pecuniary interest therein, if any.

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