Partners Innovation Fund II, L.P. 4

4 · Akouos, Inc. · Filed Jul 2, 2020

Form 4Exit

Period: 2020-06-30

10% Owner

Transactions

Conversion
Common Stock
[F1][F2]
2020-06-30+68,501→ 68,501 total
Conversion
Common Stock
[F3][F2]
2020-06-30+228,336→ 296,837 total
Conversion
Common Stock
[F4][F2]
2020-06-30+79,998→ 376,835 total
Conversion
Series Seed Preferred Stock
[F1][F2]
2020-06-30−68,501→ 0 total
→ Common Stock (68,501 underlying)
Conversion
Series A Preferred Stock
[F3][F2]
2020-06-30−228,336→ 0 total
→ Common Stock (228,336 underlying)
Conversion
Series B Preferred Stock
[F4][F2]
2020-06-30−79,998→ 0 total
→ Common Stock (79,998 underlying)

Footnotes (4)

[F1]On June 30, 2020, the Series Seed Preferred Stock converted into Common Stock on a 21.073-for-1 basis upon the closing of the Issuer's initial public offering without payment of consideration. The Series Seed Preferred Stock was convertible at any time at the holder's election and automatically upon the closing of the Issuer's initial public offering. The shares had no expiration date.
[F2]The securities are held by Partners Innovation Fund II, L.P. ("PIF II"). Partners Innovation Fund II, LLC is the ultimate general partner of PIF II.
[F3]On June 30, 2020, the Series A Preferred Stock converted into Common Stock on a 21.073-for-1 basis upon the closing of the Issuer's initial public offering without payment of consideration. The Series A Preferred Stock was convertible at any time at the holder's election and automatically upon the closing of the Issuer's initial public offering. The shares had no expiration date.
[F4]On June 30, 2020, the Series B Preferred Stock converted into Common Stock on a 21.073-for-1 basis upon the closing of the Issuer's initial public offering without payment of consideration. The Series B Preferred Stock was convertible at any time at the holder's election and automatically upon the closing of the Issuer's initial public offering. The shares had no expiration date.

Signature

/s/ Partners Innovation Fund II, L.P. By: Julius Knowles, Authorized Signatory|2020-07-02

Documents

1 file