Rock Springs Capital LLC 4
4 · IMARA Inc. · Filed Mar 16, 2020
Insider Transaction Report
Form 4
IMARA Inc.IMRA
Rock Springs Capital Management LP
10% Owner
Transactions
- Conversion
Common Stock
2020-03-16+273,411→ 273,411 total(indirect: See footnote) - Conversion
Series B Preferred Stock
2020-03-16−1,722,222→ 0 total(indirect: See footnote)→ Common Stock (273,411 underlying) - Purchase
Common Stock
2020-03-16$16.00/sh+250,000$4,000,000→ 523,411 total(indirect: See footnote)
Footnotes (2)
- [F1]On March 16, 2020, the Issuer's Series B Preferred Stock converted into Common Stock on a 6.299-for-1 basis upon the closing of the Issuer's initial public offering without payment of consideration. The Series B Preferred Stock was 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 securities reported herein are held of record by Rock Springs Capital Master Fund LP ("Master Fund"). Rock Springs Capital LLC ("RSC") is the general partner of Rock Springs Capital Management LP ("RSCM") which is the investment manager to Master Fund. RSC and RSCM may therefore be deemed to have or share beneficial ownership of the Series B Preferred Stock held directly by Master Fund.