Tiba Aynechi - 16 Sep 2024 Form 4 Insider Report for MBX Biosciences, Inc. (MBX)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
17 Sep 2024, 20:05:29 UTC
Prior SEC filing
12 Sep 2024
Next SEC filing
06 Jun 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Richard Bartram, attorney-in-fact

Key filing fact

Tiba Aynechi filed Form 4 for MBX Biosciences, Inc. (MBX) on 17 Sep 2024.

Key facts

  • This page summarizes Tiba Aynechi's Form 4 filing for MBX Biosciences, Inc. (MBX).
  • 3 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 17 Sep 2024, 20:05.

Change

  • Previous filing in this sequence was filed on 12 Sep 2024.
  • Current net transaction value: +$12,000,000.

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.

MBX transaction

Common Stock

Conversion of derivative security

Transaction value
Shares
+1,386,335
Change %
Price
Shares after
1,386,335
Date
16 Sep 2024
Ownership
By Norwest Venture Partners XVI, LP
Footnotes
F1, F2
MBX transaction

Common Stock

Purchase

Transaction value
$12,000,000
Shares
+750,000
Change %
+54%
Price
$16.00
Shares after
2,136,335
Date
16 Sep 2024
Ownership
By Norwest Venture Partners XVI, LP
Footnotes
F2, F3

Reported derivative securities

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

MBX transaction Derivative

Series B Convertible Preferred Stock

Conversion of derivative security

Transaction value
Shares
-16,666,666
Change %
-100%
Price
Shares after
0
Date
16 Sep 2024
Ownership
By Norwest Venture Partners XVI, LP
Underlying class
Common Stock
Underlying amount
1,386,335
Exercise price
Footnotes
F1, F2
* 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

Each share of Series B Convertible Preferred Stock (the "Preferred Stock") was convertible into Common Stock on a one-for-12.0221 basis at any time at the option of the holder, and automatically converted into the number of shares shown in Column 7 immediately prior to the closing of the Issuer's initial public offering on September 16, 2024. The Preferred Stock had no expiration date.

Footnote F2

The securities are directly held by Norwest Venture Partners XVI, LP ("NVP XVI"). Genesis VC Partners XVI, LLC ("Genesis XVI") is the general partner of NVP XVI and NVP Associates, LLC ("NVP Associates") is the managing member of Genesis XVI. The Reporting Person, as an officer of NVP Associates and director of the Issuer, may be deemed to share voting and dispositive power over the shares held by NVP XVI and disclaims beneficial ownership of such securities except to the extent of her pecuniary interest therein.

Footnote F3

Reflects shares purchased in the Issuer's initial public offering.

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