VIKING GLOBAL INVESTORS LP - 18 Mar 2022 Form 4 Insider Report for PROCEPT BioRobotics Corp (PRCT)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
22 Mar 2022, 20:51:41 UTC
Prior SEC filing
04 Mar 2022
Next SEC filing
09 Sep 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Scott M. Hendler signing on behalf of O. Andreas Halvorsen (7) (8)

Key filing fact

VIKING GLOBAL INVESTORS LP filed Form 4 for PROCEPT BioRobotics Corp (PRCT) on 22 Mar 2022.

Key facts

  • This page summarizes VIKING GLOBAL INVESTORS LP's Form 4 filing for PROCEPT BioRobotics Corp (PRCT).
  • 2 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 22 Mar 2022, 20:51.

Change

  • Previous filing in this sequence was filed on 04 Mar 2022.
  • Current net transaction value: -$37,345,100.

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.

PRCT transaction

Common Stock

Sale

Transaction value
$34,301,430
Shares
-1,147,205
Change %
-25%
Price
$29.90
Shares after
3,360,687
Date
18 Mar 2022
Ownership
See Explanation of Responses
Footnotes
F1, F2, F3, F4
PRCT transaction

Common Stock

Sale

Transaction value
$3,043,670
Shares
-101,795
Change %
-25%
Price
$29.90
Shares after
298,205
Date
18 Mar 2022
Ownership
See Explanation of Responses
Footnotes
F1, F4, F5, F6
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 6 footnotes

Footnote F1

Andreas Halvorsen, David C. Ott and Rose S. Shabet are Executive Committee members of certain management entities, including Viking Global Partners LLC, the general partner of Viking Global Investors LP ("VGI") and Viking Global Opportunities GP LLC ("Opportunities GP"), the sole owner of Viking Global Opportunities Portfolio GP LLC ("Opportunities Portfolio GP"). VGI provides managerial services to various investment funds and vehicles, including Viking Global Opportunities Illiquid Investments Sub-Master LP ("Opportunities Fund") and DRAGSA 88 LLC ("DRAGSA 88"). Each of VGI, Mr. Halvorsen, Mr. Ott and Ms. Shabet (collectively the "Reporting Persons") may be deemed to beneficially own all of the securities reported on this form.

Footnote F2

These shares are held directly by Opportunities Fund. VGI provides managerial services to Opportunities Fund. Because of the relationship between VGI and Opportunities Fund, VGI may be deemed to beneficially own the shares held directly by Opportunities Fund.

Footnote F3

Opportunities Portfolio GP is the general partner of Opportunities Fund. Because of the relationship between Opportunities Portfolio GP and Opportunities Fund, Opportunities Portfolio GP may be deemed to beneficially own the shares held directly by Opportunities Fund. Opportunities GP is the sole owner of Opportunities Portfolio GP. Because of the relationship between Opportunities GP and Opportunities Portfolio GP, Opportunities GP may be deemed to beneficially own the shares held directly by Opportunities Fund.

Footnote F4

The Reporting Persons disclaim beneficial ownership of these securities except to the extent of their pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or for any other purpose.

Footnote F5

These shares are held directly by DRAGSA 88. VGI provides managerial services to DRAGSA 88. Because of the relationship between VGI and DRAGSA 88, VGI may be deemed to beneficially own the shares held directly by DRAGSA 88.

Footnote F6

The membership interests of DRAGSA 88 are held by Viking Global Opportunities Intermediate LP and Viking Global Opportunities LP. Opportunities GP is the general partner of Viking Global Opportunities LP and Viking Global Opportunities Intermediate LP. Because of the relationship between Opportunities GP and DRAGSA 88, Opportunities GP may be deemed to beneficially own the shares of Common Stock held directly by DRAGSA 88.

SEC remarks

(7) The Reporting Persons are jointly filing this Form 4 pursuant to Rule 16a-3(j) under the Exchange Act. (8) Scott M. Hendler is signing on behalf of Mr. Halvorsen, Mr. Ott and Ms. Shabet, each individually and as an Executive Committee Member of VIKING GLOBAL PARTNERS LLC, on behalf of VIKING GLOBAL INVESTORS LP (for itself and as manager of DRAGSA 88 LLC), and as an Executive Committee Member of VIKING GLOBAL OPPORTUNITIES PARENT GP LLC, on behalf of itself and VIKING GLOBAL OPPORTUNITIES GP LLC, VIKING GLOBAL OPPORTUNITIES PORTFOLIO GP LLC, and VIKING GLOBAL OPPORTUNITIES ILLIQUID INVESTMENTS SUB-MASTER LP, pursuant to authorization and designation letters dated February 9, 2021, which were filed with the Securities and Exchange Commission on June 7, 2021.

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