Key facts
- This page summarizes Chamath Palihapitiya's Form 4 filing for Akili, Inc..
- 3 reported transactions and 0 derivative rows are listed below.
- Accepted by SEC: 05 Jul 2024, 17:36.
Chamath Palihapitiya - 02 Jul 2024 Form 4 Insider Report for Akili, Inc.
- Reporting relationship
- 10%+ Owner
- Issuer ticker
- N/A
- Reported as of
- 02 Jul 2024
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 05 Jul 2024, 17:36:39 UTC
- Prior SEC filing
- 21 Nov 2023
- Next SEC filing
- 03 Feb 2026
- Source filing
- View source filing
- Reporting owner signature
- SC PIPE HOLDINGS LLC, By: SC Master Holdings, LLC, its sole member, By: Social Capital Group LLC, its sole member, By: /s/ Chamath Palihapitiya, Chief Executive Officer
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Chamath Palihapitiya filed Form 4 for Akili, Inc. on 05 Jul 2024.
Change
- Previous filing in this sequence was filed on 21 Nov 2023.
- 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
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
AKLI
transaction
Common Stock
Disposition pursuant to a tender of shares in a change of control transaction
- Transaction value
- Shares
- -8,100,000
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 02 Jul 2024
- Ownership
- See Footnote
- Footnotes
- F1, F2
AKLI
transaction
Common Stock
Disposition pursuant to a tender of shares in a change of control transaction
- Transaction value
- Shares
- -3,773,000
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 02 Jul 2024
- Ownership
- See Footnote
- Footnotes
- F1, F3
AKLI
transaction
Common Stock
Disposition pursuant to a tender of shares in a change of control transaction
- Transaction value
- Shares
- -1,900,000
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 02 Jul 2024
- Ownership
- See Footnote
- Footnotes
- F1, F4
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Section 16 status
Chamath Palihapitiya is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Explanation of responses 4 footnotes
Footnote F1
Reflects disposition of shares of common stock (each, a "Share") of the Issuer at a price per Share of $0.4340 (the "Offer Price") pursuant to the terms of that certain Agreement and Plan of Merger (the "Merger Agreement"), dated as of May 29, 2024, by and among the Issuer, Virtual Therapeutics Corporation, a Delaware corporation ("Parent") and Alpha Merger Sub, Inc., a Delaware corporation and a wholly-owned subsidiary of Parent ("Purchaser"). Purchaser completed a tender offer for shares of common stock of the Issuer and thereafter merged with and into the Issuer, effective as of July 2, 2024 (the "Effective Time") with the Issuer surviving the merger. As of the Effective Time, each Share held by the Reporting Person or his affiliates was converted into the Offer Price.
Footnote F2
Reflects securities held directly by SC PIPE Holdings LLC ("SC PIPE Holdings"). The sole member of SC PIPE Holdings is SC Master Holdings, LLC ("SC Master Holdings"). SC Master Holdings is controlled by Mr. Palihapitiya.
Footnote F3
Reflects securities held directly by SC Master Holdings. SC Master Holdings is controlled by Mr. Palihapitiya.
Footnote F4
Reflects securities held directly by a trust for the benefit of members of Mr. Palihapitiya's immediate family.
SEC remarks
The inclusion of the securities in this report shall not be deemed an admission by the reporting persons of beneficial ownership of all of the reported securities for purposes of Section 16 of the Securities Exchange Act of 1934 or for any other purpose or that any of the transactions reported herein are subject to Section 16.