4//SEC Filing
Naschitz Anat 4
Accession 0000947871-20-000749
CIK 0001785173other
Filed
Sep 22, 8:00 PM ET
Accepted
Sep 23, 5:04 PM ET
Size
9.2 KB
Accession
0000947871-20-000749
Insider Transaction Report
Form 4
89bio, Inc.ETNB
Naschitz Anat
Director10% Owner
Transactions
- Sale
Common Stock
2020-09-21$28.00/sh−137,500$3,850,000→ 1,864,721 total(indirect: See Footnotes) - Sale
Common Stock
2020-09-21$28.00/sh−137,500$3,850,000→ 1,864,721 total(indirect: See Footnotes)
Footnotes (4)
- [F1]These shares of the Issuer's common stock were sold in a registered public offering at a price of $28.00.
- [F2]These shares of the Issuer's common stock are held of record by OrbiMed Private Investments VI, LP ("OPI VI"). OrbiMed Capital GP VI LLC ("OrbiMed GP VI") is the general partner of OPI VI, and OrbiMed Advisors LLC ("OrbiMed Advisors"), a registered investment adviser under the Investment Advisors Act of 1940, as amended, is the managing member of OrbiMed GP VI. By virtue of such relationships, OrbiMed GP VI and OrbiMed Advisors may be deemed to have voting and investment power with respect to the securities held by OPI VI noted above and, as a result, may be deemed to beneficially own such securities for purposes of Rule 13d-3 under the Securities Exchange Act of 1934, as amended (the "Exchange Act"). OrbiMed Advisors exercises this investment and voting power through a management committee comprised of Carl L. Gordon, Sven H. Borho, and Jonathan T. Silverstein, each of whom disclaims beneficial ownership of the shares held by OPI VI.
- [F3]These shares of the Issuer's common stock are held of record by OrbiMed Israel Partners II, L.P. ("OIP II"). OrbiMed Israel GP II, L.P. ("Israel GP II") is the general partner of OIP II, and OrbiMed Advisors Israel II Limited ("Advisors Israel II") is the general partner of Israel GP II. By virtue of such relationships, Israel GP II and Advisors Israel II may be deemed to have voting and investment power with respect to the shares held directly by OIP II noted above and, as a result, may be deemed to beneficially own such securities for purposes of Rule 13d-3 under the Exchange Act. Advisors Israel II exercises this investment and voting power through a management committee comprised of Carl L. Gordon, Jonathan T. Silverstein, Nissim Darvish, Anat Naschitz ("Naschitz"), and Erez Chimovits, each of whom disclaims beneficial ownership of the shares held by OIP II.
- [F4]The Reporting Person is the designated representative of Advisors Israel II on the Issuer's board of directors. Each of OrbiMed Advisors, OrbiMed GP VI, Israel GP II, Advisors Israel II, and the Reporting Person disclaims beneficial ownership of the securities reported herein for purposes of Rule 16a-1(a) under the Exchange Act, except to the extent of its or his pecuniary interest therein, if any. This report shall not be deemed an admission that any such entity or person, including the Reporting Person, is a beneficial owner of such securities for the purpose of Section 16 of the Exchange Act, or for any other purpose.
Documents
Issuer
89bio, Inc.
CIK 0001785173
Entity typeother
Related Parties
1- filerCIK 0001792060
Filing Metadata
- Form type
- 4
- Filed
- Sep 22, 8:00 PM ET
- Accepted
- Sep 23, 5:04 PM ET
- Size
- 9.2 KB