Third Rock Ventures V, L.P. 4
4 · Rapport Therapeutics, Inc. · Filed Jun 10, 2024
Insider Transaction Report
Form 4
Third Rock Ventures V, L.P.
10% Owner
Transactions
- Conversion
Common Stock
2024-06-10+6,551,449→ 7,135,233 total - Conversion
Series A Preferred Stock
2024-06-10−56,091,177→ 0 total→ Common Stock (6,551,449 underlying) - Conversion
Common Stock
2024-06-10+969,218→ 969,218 total(indirect: By Third Rock Ventures VI, L.P.) - Conversion
Series A Preferred Stock
2024-06-10−8,000,000→ 0 total(indirect: By Third Rock Ventures VI, L.P.)→ Common Stock (934,400 underlying) - Conversion
Series B Preferred Stock
2024-06-10−298,103→ 0 total(indirect: By Third Rock Ventures VI, L.P.)→ Common Stock (34,818 underlying)
Footnotes (4)
- [F1]Upon the closing of the Issuer's initial public offering, each share of Series A Preferred Stock and Series B Preferred Stock (collectively, the "Preferred Stock") automatically converted into Common Stock on a one-for-8.5648 basis without payment of consideration. The Preferred Stock had no expiration date.
- [F2]The shares are held directly by Third Rock Ventures V, L.P. ("TRV V"). The general partner of TRV V is Third Rock Ventures GP V, L.P. ("TRV GP V"). The general partner of TRV GP V is TRV GP V, LLC ("TRV GP V LLC"). Each of TRV GP V, and TRV GP V LLC, disclaims beneficial ownership of these shares except to the extent of its pecuniary interest therein, if any, and this report shall not be deemed an admission that it is the beneficial owner of such shares.
- [F3]The shares are held directly by Third Rock Ventures VI, L.P. ("TRV VI"). The general partner of TRV VI is Third Rock Ventures GP VI, L.P. ("TRV GP VI"). The general partner of TRV GP VI is TRV GP VI, LLC ("TRV GP VI LLC"). Each of TRV GP VI, and TRV GP VI LLC, disclaims beneficial ownership of these shares except to the extent of its pecuniary interest therein, if any, and this report shall not be deemed an admission that it is the beneficial owner of such shares.
- [F4]Each of Reporting Persons disclaims the existence of a Section 13(d) "group" as between the TRV III related parties and the TRV IV related parties and this report shall not be deemed an admission that any of such parties is or may be part of such a group with any of the other parties.