4//SEC Filing
Fryer Jeffrey M 4
Accession 0000899243-22-001629
CIK 0001739410other
Filed
Jan 10, 7:00 PM ET
Accepted
Jan 11, 8:03 PM ET
Size
34.7 KB
Accession
0000899243-22-001629
Insider Transaction Report
Form 4
Rallybio CorpRLYB
Fryer Jeffrey M
See Remarks
Transactions
- Other
Common Units
2021-07-28−1,282,500→ 0 total(indirect: See footnote)→ Common Stock (190,156 underlying) - Other
Series A-1 Preferred Units
2021-07-28−75,000→ 0 total(indirect: See footnote)→ Common Stock (11,778 underlying) - Other
Series A-2 Preferred Units
2021-07-28−100,000→ 0 total(indirect: See footnote)→ Common Stock (15,704 underlying) - Other
Common Stock
2021-07-28+272,609→ 272,609 total(indirect: See Footnote) - Other
Common Stock
2021-07-28+201,934→ 201,934 total(indirect: See Footnote) - Purchase
Common Stock
2022-01-07$8.97/sh+705$6,324→ 33,353 total(indirect: See Footnote) - Other
Common Units
2021-07-28−2,255,000→ 0 total(indirect: See footnote)→ Common Stock (272,609 underlying) - Other
Series A-1 Preferred Units
2021-07-28−75,000→ 0 total(indirect: See footnote)→ Common Stock (11,778 underlying) - Other
Series B Preferred Units
2021-07-28−107,891→ 0 total(indirect: See footnote)→ Common Stock (16,944 underlying) - Other
Common Stock
2021-07-28+32,648→ 32,648 total(indirect: See Footnote) - Other
Common Stock
2021-07-28+201,934→ 201,934 total(indirect: See Footnote) - Purchase
Common Stock
2022-01-07$9.44/sh+9,295$87,745→ 42,648 total(indirect: See Footnote) - Other
Common Units
2021-07-28−1,282,500→ 0 total(indirect: See footnote)→ Common Stock (190,156 underlying) - Award
Option (Right to Buy)
2021-07-28+160,000→ 160,000 totalExercise: $13.00Exp: 2031-07-28→ Common Stock (160,000 underlying)
Footnotes (8)
- [F1]The Common Units, Series A-1 Preferred Units, Series A-2 Preferred Units and Series B Preferred Units (collectively with the Series A-1 Preferred Units and Series A-2 Preferred Units, the "Preferred Units") reported herein were units of Rallybio Holdings, LLC. The shares of common stock of the Issuer were received on July 28, 2021 pursuant to the Plan of Liquidation and Dissolution, dated July 28, 2021, among Rallybio Holdings, LLC and its members (the "Plan of Liquidation"). Pursuant to the Plan of Liquidation, the holders of Common Units, on an aggregate basis, received approximately 7.38 shares of common stock of the Issuer for each Common Unit and approximately 6.37 shares of common stock of the Issuer for each Preferred Unit. Rallybio Holdings, LLC was subsequently dissolved. The Common Units and Preferred Units had no expiration date prior to the liquidation.
- [F2]Shares of common stock are held in a Roth IRA.
- [F3]Shares of common stock are held in a revocable trust for which Mr. Fryer is the grantor.
- [F4]Shares of common stock are held in an irrevocable trust for the benefit of one of Mr. Fryer's children. Mr. Fryer disclaims beneficial ownership of such shares.
- [F5]Shares of common stock are held in an irrevocable trust for the benefit of one of Mr. Fryer's children. Mr. Fryer disclaims beneficial ownership of such shares.
- [F6]The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $8.01 to $9.00, inclusive. The reporting person undertakes to provide to Rallybio Corporation, any security holder of Rallybio Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in footnotes (6) and (7) to this Form 4.
- [F7]The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $9.01 to $10.00, inclusive.
- [F8]The option vests as to 25% of the underlying shares of Common Stock on July 28, 2022 and as to the remaining 75% of the underlying shares of Common Stock in 36 equal monthly installments thereafter.
Documents
Issuer
Rallybio Corp
CIK 0001739410
Entity typeother
Related Parties
1- filerCIK 0001872879
Filing Metadata
- Form type
- 4
- Filed
- Jan 10, 7:00 PM ET
- Accepted
- Jan 11, 8:03 PM ET
- Size
- 34.7 KB