4//SEC Filing
Third Rock Ventures V, L.P. 4
Accession 0000950170-24-117772
CIK 0001984086other
Filed
Oct 27, 8:00 PM ET
Accepted
Oct 28, 4:53 PM ET
Size
24.1 KB
Accession
0000950170-24-117772
Insider Transaction Report
Form 4
Septerna, Inc.SEPN
TRV GP VI, LLC
10% Owner
Transactions
- Purchase
Common Stock
2024-10-28$18.00/sh+370,500$6,669,000→ 6,215,591 total - Conversion
Common Stock
2024-10-28+4,790,773→ 5,845,091 total - Conversion
Series B Preferred Stock
2024-10-28−24,737,017→ 0 total(indirect: See Footnotes)→ Common Stock (2,872,956 underlying) - Conversion
Common Stock
2024-10-28+2,872,956→ 2,872,956 total(indirect: See Footnotes) - Purchase
Common Stock
2024-10-28$18.00/sh+279,500$5,031,000→ 3,152,456 total(indirect: See Footnotes) - Conversion
Series A Preferred Stock
2024-10-28−41,250,000→ 0 total→ Common Stock (4,790,773 underlying)
Third Rock Ventures GP V, LP
10% Owner
Transactions
- Purchase
Common Stock
2024-10-28$18.00/sh+279,500$5,031,000→ 3,152,456 total(indirect: See Footnotes) - Conversion
Common Stock
2024-10-28+2,872,956→ 2,872,956 total(indirect: See Footnotes) - Purchase
Common Stock
2024-10-28$18.00/sh+370,500$6,669,000→ 6,215,591 total - Conversion
Series A Preferred Stock
2024-10-28−41,250,000→ 0 total→ Common Stock (4,790,773 underlying) - Conversion
Series B Preferred Stock
2024-10-28−24,737,017→ 0 total(indirect: See Footnotes)→ Common Stock (2,872,956 underlying) - Conversion
Common Stock
2024-10-28+4,790,773→ 5,845,091 total
TRV GP V, LLC
10% Owner
Transactions
- Conversion
Common Stock
2024-10-28+4,790,773→ 5,845,091 total - Conversion
Series A Preferred Stock
2024-10-28−41,250,000→ 0 total→ Common Stock (4,790,773 underlying) - Purchase
Common Stock
2024-10-28$18.00/sh+370,500$6,669,000→ 6,215,591 total - Conversion
Common Stock
2024-10-28+2,872,956→ 2,872,956 total(indirect: See Footnotes) - Purchase
Common Stock
2024-10-28$18.00/sh+279,500$5,031,000→ 3,152,456 total(indirect: See Footnotes) - Conversion
Series B Preferred Stock
2024-10-28−24,737,017→ 0 total(indirect: See Footnotes)→ Common Stock (2,872,956 underlying)
Third Rock Ventures VI, L.P.
10% Owner
Transactions
- Conversion
Common Stock
2024-10-28+4,790,773→ 5,845,091 total - Conversion
Common Stock
2024-10-28+2,872,956→ 2,872,956 total(indirect: See Footnotes) - Conversion
Series A Preferred Stock
2024-10-28−41,250,000→ 0 total→ Common Stock (4,790,773 underlying) - Purchase
Common Stock
2024-10-28$18.00/sh+279,500$5,031,000→ 3,152,456 total(indirect: See Footnotes) - Conversion
Series B Preferred Stock
2024-10-28−24,737,017→ 0 total(indirect: See Footnotes)→ Common Stock (2,872,956 underlying) - Purchase
Common Stock
2024-10-28$18.00/sh+370,500$6,669,000→ 6,215,591 total
Third Rock Ventures GP VI, L.P.
10% Owner
Transactions
- Conversion
Common Stock
2024-10-28+4,790,773→ 5,845,091 total - Purchase
Common Stock
2024-10-28$18.00/sh+370,500$6,669,000→ 6,215,591 total - Purchase
Common Stock
2024-10-28$18.00/sh+279,500$5,031,000→ 3,152,456 total(indirect: See Footnotes) - Conversion
Series A Preferred Stock
2024-10-28−41,250,000→ 0 total→ Common Stock (4,790,773 underlying) - Conversion
Series B Preferred Stock
2024-10-28−24,737,017→ 0 total(indirect: See Footnotes)→ Common Stock (2,872,956 underlying) - Conversion
Common Stock
2024-10-28+2,872,956→ 2,872,956 total(indirect: See Footnotes)
Third Rock Ventures V, L.P.
10% Owner
Transactions
- Conversion
Common Stock
2024-10-28+2,872,956→ 2,872,956 total(indirect: See Footnotes) - Purchase
Common Stock
2024-10-28$18.00/sh+370,500$6,669,000→ 6,215,591 total - Conversion
Series B Preferred Stock
2024-10-28−24,737,017→ 0 total(indirect: See Footnotes)→ Common Stock (2,872,956 underlying) - Purchase
Common Stock
2024-10-28$18.00/sh+279,500$5,031,000→ 3,152,456 total(indirect: See Footnotes) - Conversion
Common Stock
2024-10-28+4,790,773→ 5,845,091 total - Conversion
Series A Preferred Stock
2024-10-28−41,250,000→ 0 total→ Common Stock (4,790,773 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-8.6103 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 V related parties and the TRV VI 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.
Documents
Issuer
Septerna, Inc.
CIK 0001984086
Entity typeother
IncorporatedMA
Related Parties
1- filerCIK 0001778071
Filing Metadata
- Form type
- 4
- Filed
- Oct 27, 8:00 PM ET
- Accepted
- Oct 28, 4:53 PM ET
- Size
- 24.1 KB