4//SEC Filing
Polaris Venture Partners VI, L.P. 4
Accession 0000899243-21-049599
CIK 0001653087other
Filed
Dec 22, 7:00 PM ET
Accepted
Dec 23, 4:44 PM ET
Size
18.9 KB
Accession
0000899243-21-049599
Insider Transaction Report
Form 4
Alector, Inc.ALEC
Transactions
- Other
Common Stock
2021-12-21+98,533→ 98,533 total - Other
Common Stock
2021-12-21−98,533→ 0 total - Other
Common Stock
2021-12-21−500,000→ 12,353,817 total(indirect: See footnote)
Transactions
- Other
Common Stock
2021-12-21−500,000→ 12,353,817 total(indirect: See footnote) - Other
Common Stock
2021-12-21+98,533→ 98,533 total - Other
Common Stock
2021-12-21−98,533→ 0 total
Transactions
- Other
Common Stock
2021-12-21+98,533→ 98,533 total - Other
Common Stock
2021-12-21−500,000→ 12,353,817 total(indirect: See footnote) - Other
Common Stock
2021-12-21−98,533→ 0 total
Polaris Venture Partners VI, L.P.
10% Owner
Transactions
- Other
Common Stock
2021-12-21−500,000→ 12,353,817 total(indirect: See footnote) - Other
Common Stock
2021-12-21−98,533→ 0 total - Other
Common Stock
2021-12-21+98,533→ 98,533 total
Transactions
- Other
Common Stock
2021-12-21−500,000→ 12,353,817 total(indirect: See footnote) - Other
Common Stock
2021-12-21+98,533→ 98,533 total - Other
Common Stock
2021-12-21−98,533→ 0 total
Footnotes (8)
- [F1]Represents a pro-rata distribution, and not a purchase or sale, without additional consideration by Polaris Venture Partners Founders' Fund VI, L.P. ("PVPFF VI"), Polaris Venture Partners VI (AIV), L.P. ("PVP VI AIV") and Polaris Venture Partners VI (AIV-B), L.P. (f/k/a PVP VI (AIV) Feeder Corp. Holding Partnership, L.P., "PVP VI AIV-B" and, together with PVPFF VI, PVP VI AIV and Polaris Venture Partners VI, L.P. ("PVP VI"), the "Polaris Funds").
- [F2]27,606 shares were distributed by PVPFF VI, 379,180 shares were distributed by PVP VI AIV and 93,214 shares were distributed by PVP VI AIV-B. The general partner of each of the Polaris Funds is Polaris Venture Management Co. VI, L.L.C. ("PVM"). Each of Amir Nashat, Brian Chee, David Barrett, Bryce Youngren, Jonathan Flint, and Terrance McGuire, a member of the Issuer's board of directors, are managing members of PVM (collectively, the "Managing Members") and may be deemed to have shared power to vote and dispose of the shares held by the Polaris Funds.
- [F3](Continued from footnote 2) Each of the Managing Members and PVM disclaims beneficial ownership of the securities held by the Polaris Funds, and this report shall not be deemed an admission that any of them is the beneficial owner of such securities for purposes of Section 16 or for any other purpose, except to the extent of their respective pecuniary interest therein.
- [F4]682,069 shares are held by PVPFF VI, 8,968,544 shares are held by PVP VI AIV, 2,204,736 shares are held by PVP VI AIV-B and 498,468 shares are held by PVP VI. Each of the Managing Members and PVM disclaims beneficial ownership of the securities held by the Polaris Funds, and this report shall not be deemed an admission that any of them is the beneficial owner of such securities for purposes of Section 16 or for any other purpose, except to the extent of their respective pecuniary interest therein.
- [F5]Represents a change in the form of ownership of PVM by virtue of the receipt of shares in the pro-rata in-kind distribution of common stock of the Issuer for no consideration by the Polaris Funds.
- [F6]Shares held by PVM. 276 shares received from PVPFF VI, 78,869 shares received from PVP VI AIV and 19,388 shares received from PVP VI AIV-B. The Managing Members, including Terrance McGuire who is a member of the Issuer's board of directors, are managing members of PVM and may be deemed to have shared power to vote and dispose of the shares held by the Polaris Funds.
- [F7](Continued from footnote 6) Each of the Managing Members disclaims beneficial ownership of the securities held by the Polaris Funds, and this report shall not be deemed an admission that any of them is the beneficial owner of such securities for purposes of Section 16 or for any other purpose, except to the extent of their respective pecuniary interest therein.
- [F8]Represents a pro-rata distribution, and not a purchase or sale, without additional consideration by PVM to its members.
Documents
Issuer
Alector, Inc.
CIK 0001653087
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001493463
Filing Metadata
- Form type
- 4
- Filed
- Dec 22, 7:00 PM ET
- Accepted
- Dec 23, 4:44 PM ET
- Size
- 18.9 KB