Canaan IX L.P. 4
4 · ARVINAS INC. · Filed Oct 3, 2018
Insider Transaction Report
Form 4
ARVINAS INC.ARVN
Canaan IX L.P.
10% Owner
Transactions
- Conversion
Common Stock
2018-10-01+4,989,554→ 4,989,554 total - Conversion
Series B Preferred Stock
2018-10-01−4,462,837→ 0 total→ Common Stock (1,373,180 underlying) - Conversion
Series C Preferred Stock
2018-10-01−2,209,833→ 0 total→ Common Stock (679,948 underlying) - Conversion
Series A Preferred Stock
2018-10-01−9,543,387→ 0 total→ Common Stock (2,936,426 underlying)
Footnotes (2)
- [F1]On October 1, 2018, the Series A Preferred Stock, Series B Preferred Stock and Series C Preferred Stock converted into Common Stock on a 3.25-for-one basis, upon the closing of the Issuer's initial public offering without payment of consideration. The Series A Preferred Stock, Series B Preferred Stock and Series C Preferred Stock were convertible at any time at the holder's election and automatically upon the closing of the Issuer's initial public offering. The shares had no expiration date.
- [F2]The shares are held directly by Canaan IX L.P. (the "Canaan Fund"). The sole general partner of the Canaan Fund is Canaan Partners IX LLC ("Canaan IX", and together with the Canaan Fund, the "Canaan Entities"), and may be deemed to have sole voting, investment and dispositive power with respect to the shares held by the Canaan Fund. Canaan IX disclaims Section 16 beneficial ownership of the securities held by the Canaan Fund, except to the extent of its pecuniary interest therein, if any.