Topspin Fund L.P. 4
4 · RAPT Therapeutics, Inc. · Filed Nov 15, 2019
Insider Transaction Report
Form 4
Topspin Fund L.P.
10% Owner
Transactions
- Purchase
Common Stock
2019-11-04$12.00/sh+415,000$4,980,000→ 2,575,371 total(indirect: See Footnote) - Conversion
Series B Preferred Stock
2019-11-04−1,641,666→ 0 total(indirect: See footnotes 2, 3 and 4)From: 2019-11-04→ Common Stock (1,641,666 underlying) - Conversion
Series C Preferred Stock
2019-11-04−363,504→ 0 totalFrom: 2019-11-04→ Common Stock (363,504 underlying) - Conversion
Series C-2 Preferred Stock
2019-11-04−155,201→ 0 totalFrom: 2019-11-04→ Common Stock (155,201 underlying)
Footnotes (4)
- [F1]Consists of (1) 1,641,666 shares held of record by Topspin Biotech Fund II, LP; and (ii) 933,705 shares held of record by Topspin Fund, LP. Each of Topspin Biotech Fund II, LP and Topspin Fund, LP disclaims beneficial ownership of the shares held of record by the other.
- [F2]Each share of Series B, C and C-2 Preferred Stock shown in Column 5 converted into one share of Common Stock automatically upon the closing of the Issuer's initial public offering without payment of further consideration. The shares have no expiration date. Giving effect to such conversion, the ownership by the reporting persons of the shares of the Issuer's common stock is as set forth in Note 1 above.
- [F3]1,641,666 of such shares are held directly by Topspin Biotech Fund II, L.P. LG Management, LLC, the general partner of Topspin Biotech Fund II, L.P., may be deemed to have voting and dispositive power with respect to the shares. Leo A. Guthart, the managing member of LG Management, LLC, may also be deemed to have voting and dispositive power with respect to the shares. Each of LG Management, LLC and Leo A. Guthart disclaims beneficial ownership of the shares, except to the extent of their respective indirect pecuniary interests in such shares.
- [F4]933,705 of such shares are held directly by Topspin Fund L.P. LG Management, LLC, the general partner of Topspin Fund L.P., may be deemed to have voting and dispositive power with respect to the shares. Leo A. Guthart, the managing member of LG Management, LLC, may also be deemed to have voting and dispositive power with respect to the shares. Each of LG Management, LLC and Leo A. Guthart disclaims beneficial ownership of the shares, except to the extent of their respective indirect pecuniary interests in such shares.