Canaan XI L.P. - 17 Sep 2021 Form 4 Insider Report for Tyra Biosciences, Inc. (TYRA)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
20 Sep 2021, 17:16:03 UTC
Prior SEC filing
14 Sep 2021
Next SEC filing
09 Dec 2021
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
Canaan XI L.P., By: Canaan Partners XI LLC, its general partner, By: /s/ Nancy Levenson, Attorney-in-Fact

Key filing fact

Canaan XI L.P. filed Form 4 for Tyra Biosciences, Inc. (TYRA) on 20 Sep 2021.

Key facts

  • This page summarizes Canaan XI L.P.'s Form 4 filing for Tyra Biosciences, Inc. (TYRA).
  • 5 reported transactions and 3 derivative rows are listed below.
  • Accepted by SEC: 20 Sep 2021, 17:16.

Change

  • Previous filing in this sequence was filed on 14 Sep 2021.
  • 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.

TYRA transaction

Common Stock

Conversion of derivative security

Transaction value
Shares
+3,936,595
Change %
Price
Shares after
3,936,595
Date
17 Sep 2021
Ownership
Direct
Footnotes
F1, F2
TYRA transaction

Common Stock

Conversion of derivative security

Transaction value
Shares
+473,396
Change %
Price
Shares after
473,396
Date
17 Sep 2021
Ownership
Direct
Footnotes
F1, F3

Reported derivative securities

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

TYRA transaction Derivative

Series A Preferred Stock

Conversion of derivative security

Transaction value
$0
Shares
-1,333,334
Change %
-100%
Price
$0.000000*
Shares after
0
Date
17 Sep 2021
Ownership
Direct
Underlying class
Common Stock
Underlying amount
3,463,201
Exercise price
Footnotes
F1, F2
TYRA transaction Derivative

Series B Preferred Stock

Conversion of derivative security

Transaction value
$0
Shares
-182,257
Change %
-100%
Price
$0.000000*
Shares after
0
Date
17 Sep 2021
Ownership
Direct
Underlying class
Common Stock
Underlying amount
473,394
Exercise price
Footnotes
F1, F2
TYRA transaction Derivative

Series B Preferred Stock

Conversion of derivative security

Transaction value
$0
Shares
-182,258
Change %
-100%
Price
$0.000000*
Shares after
0
Date
17 Sep 2021
Ownership
Direct
Underlying class
Common Stock
Underlying amount
473,396
Exercise price
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

On September 17, 2021, each share of Series A Preferred Stock and each share of Series B Preferred Stock converted into Common Stock of the Issuer at a ratio of 1-for-2.5974 without payment of further consideration upon closing of the initial public offering of the Issuer's common stock. The shares had no expiration date.

Footnote F2

The shares are held directly by Canaan XI L.P. ("Canaan XI"). The sole general partner of Canaan XI is Canaan Partners XI LLC ("Canaan XI GP"), which may be deemed to have sole voting, investment and dispositive power with respect to the shares held by Canaan XI. Canaan XI GP disclaims Section 16 beneficial ownership of the securities held by Canaan XI, except to the extent of its pecuniary interest therein, if any.

Footnote F3

The shares are held directly by Canaan 2020+ Co-Investment L.P. - Series 7 (the "Canaan Series 7"). The sole general partner of Canaan Series 7 is Canaan Partners 2020+ Co-Investment LLC ("Canaan 2020+ GP"), which may be deemed to have sole voting, investment and dispositive power with respect to the shares held by Canaan Series 7. Canaan 2020+ GP disclaims Section 16 beneficial ownership of the securities held by Canaan Series 7, except to the extent of its pecuniary interest therein, if any.

SEC remarks

Exhibit 24 - Power of Attorney (incorporated herein by reference to the Power of Attorney filed as Exhibit 24 to the Form 3 filed by the Reporting Persons on September 14, 2021)

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