Pillar Invest Corp 4/A
4/A · IDERA PHARMACEUTICALS, INC. · Filed Apr 29, 2021
Insider Transaction Report
Form 4/AAmended
Pillar Invest Corp
Director10% Owner
Transactions
- Exercise of In-Money
Prefunded Warrants
2021-04-01$0.01/sh−1,612,196$16,122→ 1,612,196 total(indirect: By Foundation)Exercise: $0.01From: 2020-12-11→ Common Stock (1,612,196 underlying) - Exercise of In-Money
Prefunded Warrants
2021-04-01$0.01/sh−883,613$8,836→ 883,613 total(indirect: By Pillar Pharmaceuticals 6, L.P. See Footnote)Exercise: $0.01From: 2020-12-11→ Common Stock (883,613 underlying) - Exercise of In-Money
Common Stock
2021-04-01$0.01/sh+883,613$8,836→ 2,304,180 total(indirect: By Pillar Pharmaceuticals 6, L.P. See Footnotes) - Exercise of In-Money
Common Stock
2021-04-01$0.01/sh+1,612,196$16,122→ 5,733,795 total(indirect: By Foundation)
Holdings
- 26,308(indirect: By Youssef El Zein See Footnotes)
Common Stock
- 386,110(indirect: By Abude Umari See Footnotes)
Common Stock
Footnotes (3)
- [F1]Pillar Invest Corporation ("Pillar GP") is the general partner of Pillar Pharmaceuticals 6, L.P. ("Pillar 6") and Pillar Partners Foundation, L.P. (collectively, the "Pillar Funds"). Youssef El Zein and Abude Umari are directors of Pillar GP. Each of Pillar GP, Mr. El Zein and Mr. Umari disclaims Section 16 beneficial ownership of the securities beneficially owned by the Pillar Funds and this report shall not be deemed an admission that any of Pillar GP, Mr. El Zein or Mr. Umari is the Section 16 beneficial owner of any such securities, except to the extent of its or his pecuniary interest therein, if any, by virtue of its or his ownership interest in the Pillar Funds or Pillar GP, as applicable.
- [F2]1,612,196 of such warrants beneficially owned and exercised for shares of common stock by Pillar Partners, of which Pillar GP is the general partner (the "Pillar Partners Warrants") and 883,613 of such warrants exercised by Pillar 6 (the "Pillar 6 Warrants"). Pillar GP disclaims Section 16 beneficial ownership of the Pillar Partners Warrants and the Pillar 6 Warrants and the common stock underlying such warrants and this report shall not be deemed an admission that Pillar GP is the Section 16 beneficial owner of any such securities, except to the extent of its pecuniary interest therein, if any, by virtue of its ownership interest in Pillar Partners Warrants or Pillar 6 Warrants.
- [F3]The Pre-funded warrants have no expiration date.