5AM Opportunities I (GP), LLC 4
4 · Cabaletta Bio, Inc. · Filed Oct 31, 2019
Insider Transaction Report
Form 4
5AM Ventures V, L.P.
10% Owner
Transactions
- Purchase
Common Stock
2019-10-29$11.00/sh+454,545$4,999,995→ 454,545 total(indirect: See footnotes) - Conversion
Series B Preferred Stock
2019-10-29−1,675,532→ 0 total(indirect: See footnotes)→ Common Stock (1,117,021 underlying) - Conversion
Common Stock
2019-10-29+3,214,721→ 3,214,721 total(indirect: See footnotes) - Conversion
Series A Preferred Stock
2019-10-29−3,146,551→ 0 total(indirect: See footnotes)→ Common Stock (2,097,700 underlying)
Footnotes (5)
- [F1]These shares of Series A Preferred Stock and Series B Preferred Stock (collectively, "Preferred Stock") automatically converted into shares of the Issuer's Voting Common Stock ("Common Stock"), on a 1-for-1.5 basis, immediately prior to the completion of the Issuer's initial public offering for no additional consideration. The Preferred Stock had no expiration date.
- [F2]Shares are held directly by 5AM Ventures V, L.P. ("5AM V").
- [F3]5AM Partners V, LLC ("5AM Partners") is the sole general partner of 5AM V. Dr. Kush Parmar, Andrew J. Schwab and Dr. Scott M. Rocklage are managing members of 5AM Partners and may be deemed to have shared voting and investment power over the shares beneficially owned by 5AM V. Each of 5AM Partners, Dr. Parmar, Mr. Schwab and Dr. Rocklage disclaims beneficial ownership of the shares of Preferred Stock held directly by 5AM V, except to the extent of its or his pecuniary interest therein.
- [F4]Shares are held directly by 5AM Opportunities I, L.P. ("Opportunities").
- [F5]5AM Opportunities I (GP), LLC ("Opportunities GP") is the sole general partner of Opportunities. Andrew J. Schwab and Dr. Kush Parmar are managing members of Opportunities GP and may be deemed to have shared voting and investment power over the shares beneficially owned by Opportunities. Each of Opportunities GP, Mr. Schwab and Dr. Parmar disclaims beneficial ownership of the shares of Common Stock held directly by Opportunities, except to the extent of its or his pecuniary interest therein.