Pillar Invest Corp 4

4 · IDERA PHARMACEUTICALS, INC. · Filed Sep 26, 2022

Form 4

Period: 2022-09-22

Director10% Owner

Transactions

Exercise of In-Money
Prefunded Warrants
2022-09-22−1,533,159→ 1,533,159 total(indirect: By Foundation)
Exercise: $0.01From: 2020-12-11→ Common Stock (1,533,159 underlying)
Exercise of In-Money
Common Stock
2022-09-22$0.01/sh+1,533,159$15,332→ 7,266,954 total(indirect: By Foundation)

Holdings

Common Stock
(indirect: By Abude Umari See Footnote)
386,110
Common Stock
(indirect: By Pillar Pharmaceuticals 6, L.P. See Footnote)
2,304,180
Common Stock
(indirect: By Youssef El Zein See Footnote)
26,308

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. ("Pillar Partners", together with Pillar GP and Pillar 6, 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]1,533,159 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"). Pillar GP disclaims Section 16 beneficial ownership of the Pillar Partners 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.
[F3]The Pre-funded Warrants have no expiration date.

Documents

1 file