ORBIMED ADVISORS LLC - 13 Aug 2024 Form 4 Insider Report for scPharmaceuticals Inc. (SCPH)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
15 Aug 2024, 16:51:14 UTC
Prior SEC filing
17 Jul 2024
Next SEC filing
23 Aug 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Carl Gordon, Member of OrbiMed Advisors LLC

Key filing fact

ORBIMED ADVISORS LLC filed Form 4 for scPharmaceuticals Inc. (SCPH) on 15 Aug 2024.

Key facts

  • This page summarizes ORBIMED ADVISORS LLC's Form 4 filing for scPharmaceuticals Inc. (SCPH).
  • 2 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 15 Aug 2024, 16:51.

Change

  • Previous filing in this sequence was filed on 17 Jul 2024.
  • Current net transaction value: +$2,000,000.

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.

SCPH transaction

Common Stock

Purchase

Transaction value
$1,913,368
Shares
+478,342
Change %
+9%
Price
$4.00
Shares after
5,806,670
Date
13 Aug 2024
Ownership
See footnotes
Footnotes
F1, F2, F4
SCPH transaction

Common Stock

Purchase

Transaction value
$86,632
Shares
+21,658
Change %
+9.4%
Price
$4.00
Shares after
252,858
Date
13 Aug 2024
Ownership
See footnotes
Footnotes
F1, F3, F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

These shares of the Issuer's common stock were purchased in an underwritten public offering.

Footnote F2

These securities are held of record by OrbiMed Private Investments VI, LP ("OPI VI"). OrbiMed Capital GP VI LLC ("OrbiMed GP") is the general partner of OPI VI and OrbiMed Advisors LLC ("OrbiMed Advisors") is the managing member of OrbiMed GP. By virtue of such relationships, OrbiMed GP and OrbiMed Advisors may be deemed to have voting power and investment power over the securities held by OPI VI and as a result, may be deemed to have beneficial ownership over such securities. OrbiMed Advisors exercises voting and investment power through a management committee comprised of Carl L. Gordon, Sven H. Borho, and W. Carter Neild, each of whom disclaims beneficial ownership of the shares held by OPI VI.

Footnote F3

These securities are held of record by OrbiMed Genesis Master Fund, L.P. ("Genesis"). OrbiMed Genesis GP LLC ("Genesis GP") is the general partner of Genesis and OrbiMed Advisors is the managing member of Genesis GP. By virtue of such relationships, Genesis GP and OrbiMed Advisors may be deemed to have voting power and investment power over the securities held by Genesis and as a result, may be deemed to have beneficial ownership over such securities. OrbiMed Advisors exercises voting and investment power through a management committee comprised of Carl L. Gordon, Sven H. Borho, and W. Carter Neild, each of whom disclaims beneficial ownership of the shares held by Genesis.

Footnote F4

This report on Form 4 is jointly filed by OrbiMed Advisors, OrbiMed GP, and Genesis GP. Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein for purposes of Rule 16a-1(a) under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), except to the extent of its pecuniary interest therein, if any. This report shall not be deemed an admission that any such entity is a beneficial owner of such securities for purposes of Section 16 of the Exchange Act, or for any other purpose.

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