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4//SEC Filing

DEERFIELD MANAGEMENT COMPANY, L.P. (SERIES C) 4

Accession 0001193805-24-001131

CIK 0002023658other

Filed

Sep 16, 8:00 PM ET

Accepted

Sep 17, 6:16 PM ET

Size

32.3 KB

Accession

0001193805-24-001131

Insider Transaction Report

Form 4
Period: 2024-09-17
Transactions
  • Conversion

    Series C Preferred Stock

    2024-09-177,973,3250 total(indirect: Through Deerfield Private Design Fund V, L.P.)
    Common Stock (862,587 underlying)
  • Conversion

    Common Stock

    2024-09-17+862,587862,587 total(indirect: Through Deerfield Private Design Fund V, L.P.)
  • Conversion

    Common Stock

    2024-09-17+862,587862,587 total(indirect: Through Deerfield Partners, L.P.)
  • Purchase

    Common Stock

    2024-09-17$18.00/sh+35,000$630,000897,587 total(indirect: Through Deerfield Partners, L.P.)
  • Purchase

    Common Stock

    2024-09-17$18.00/sh+35,000$630,000897,587 total(indirect: Through Deerfield Private Design Fund V, L.P.)
  • Conversion

    Series C Preferred Stock

    2024-09-177,973,3250 total(indirect: Through Deerfield Partners, L.P.)
    Common Stock (862,587 underlying)
Flynn James E
10% OwnerOther
Transactions
  • Conversion

    Common Stock

    2024-09-17+862,587862,587 total(indirect: Through Deerfield Private Design Fund V, L.P.)
  • Conversion

    Series C Preferred Stock

    2024-09-177,973,3250 total(indirect: Through Deerfield Private Design Fund V, L.P.)
    Common Stock (862,587 underlying)
  • Conversion

    Common Stock

    2024-09-17+862,587862,587 total(indirect: Through Deerfield Partners, L.P.)
  • Purchase

    Common Stock

    2024-09-17$18.00/sh+35,000$630,000897,587 total(indirect: Through Deerfield Partners, L.P.)
  • Purchase

    Common Stock

    2024-09-17$18.00/sh+35,000$630,000897,587 total(indirect: Through Deerfield Private Design Fund V, L.P.)
  • Conversion

    Series C Preferred Stock

    2024-09-177,973,3250 total(indirect: Through Deerfield Partners, L.P.)
    Common Stock (862,587 underlying)
Transactions
  • Conversion

    Common Stock

    2024-09-17+862,587862,587 total(indirect: Through Deerfield Private Design Fund V, L.P.)
  • Purchase

    Common Stock

    2024-09-17$18.00/sh+35,000$630,000897,587 total(indirect: Through Deerfield Partners, L.P.)
  • Conversion

    Common Stock

    2024-09-17+862,587862,587 total(indirect: Through Deerfield Partners, L.P.)
  • Conversion

    Series C Preferred Stock

    2024-09-177,973,3250 total(indirect: Through Deerfield Partners, L.P.)
    Common Stock (862,587 underlying)
  • Conversion

    Series C Preferred Stock

    2024-09-177,973,3250 total(indirect: Through Deerfield Private Design Fund V, L.P.)
    Common Stock (862,587 underlying)
  • Purchase

    Common Stock

    2024-09-17$18.00/sh+35,000$630,000897,587 total(indirect: Through Deerfield Private Design Fund V, L.P.)
Transactions
  • Conversion

    Series C Preferred Stock

    2024-09-177,973,3250 total(indirect: Through Deerfield Private Design Fund V, L.P.)
    Common Stock (862,587 underlying)
  • Purchase

    Common Stock

    2024-09-17$18.00/sh+35,000$630,000897,587 total(indirect: Through Deerfield Private Design Fund V, L.P.)
  • Conversion

    Common Stock

    2024-09-17+862,587862,587 total(indirect: Through Deerfield Partners, L.P.)
  • Purchase

    Common Stock

    2024-09-17$18.00/sh+35,000$630,000897,587 total(indirect: Through Deerfield Partners, L.P.)
  • Conversion

    Series C Preferred Stock

    2024-09-177,973,3250 total(indirect: Through Deerfield Partners, L.P.)
    Common Stock (862,587 underlying)
  • Conversion

    Common Stock

    2024-09-17+862,587862,587 total(indirect: Through Deerfield Private Design Fund V, L.P.)
Transactions
  • Purchase

    Common Stock

    2024-09-17$18.00/sh+35,000$630,000897,587 total(indirect: Through Deerfield Partners, L.P.)
  • Conversion

    Common Stock

    2024-09-17+862,587862,587 total(indirect: Through Deerfield Partners, L.P.)
  • Conversion

    Common Stock

    2024-09-17+862,587862,587 total(indirect: Through Deerfield Private Design Fund V, L.P.)
  • Conversion

    Series C Preferred Stock

    2024-09-177,973,3250 total(indirect: Through Deerfield Partners, L.P.)
    Common Stock (862,587 underlying)
  • Conversion

    Series C Preferred Stock

    2024-09-177,973,3250 total(indirect: Through Deerfield Private Design Fund V, L.P.)
    Common Stock (862,587 underlying)
  • Purchase

    Common Stock

    2024-09-17$18.00/sh+35,000$630,000897,587 total(indirect: Through Deerfield Private Design Fund V, L.P.)
DEERFIELD CAPITAL LP
10% OwnerOther
Transactions
  • Conversion

    Common Stock

    2024-09-17+862,587862,587 total(indirect: Through Deerfield Partners, L.P.)
  • Purchase

    Common Stock

    2024-09-17$18.00/sh+35,000$630,000897,587 total(indirect: Through Deerfield Private Design Fund V, L.P.)
  • Conversion

    Series C Preferred Stock

    2024-09-177,973,3250 total(indirect: Through Deerfield Partners, L.P.)
    Common Stock (862,587 underlying)
  • Conversion

    Series C Preferred Stock

    2024-09-177,973,3250 total(indirect: Through Deerfield Private Design Fund V, L.P.)
    Common Stock (862,587 underlying)
  • Purchase

    Common Stock

    2024-09-17$18.00/sh+35,000$630,000897,587 total(indirect: Through Deerfield Partners, L.P.)
  • Conversion

    Common Stock

    2024-09-17+862,587862,587 total(indirect: Through Deerfield Private Design Fund V, L.P.)
Footnotes (3)
  • [F1]Each share of Series C Preferred Stock automatically converted into approximately 0.1082 shares of the Issuer's common stock upon the closing of the Issuer's initial public offering (on an adjusted basis after giving effect to the 1-for-9.2435 reverse split of the Issuer's common stock effected by the Issuer in September 2024).
  • [F2]This Form 4 is being filed by the undersigned as well as the entities listed on the Joint Filer Information Statement attached as an exhibit hereto (the "Reporting Persons"). Deerfield Mgmt, L.P. is the general partner of Deerfield Partners, L.P. (the "Fund"). Deerfield Mgmt V, L.P. is the general partner of Deerfield Private Design Fund V, L.P. ("Fund V"). Deerfield Mgmt, L.P. is the general partner of Deerfield Partners, L.P. (together with Fund V, the "Funds"). Deerfield Management Company, L.P. is the investment manager of the Funds. James E. Flynn is the sole member of the general partner of each of Deerfield Mgmt V, L.P., Deerfield Mgmt, L.P. and Deerfield Management Company, L.P.
  • [F3]In accordance with Instruction 4(b)(iv) to Form 4, the entire amount of the Issuer's securities held by the Fund is reported herein. For purposes of Section 16 of the Securities Exchange Act of 1934, as amended, each Reporting Person disclaims beneficial ownership of any such securities, except to the extent of his/its indirect pecuniary interest therein, if any, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of such securities for purposes of Section 16 or otherwise.

Issuer

Bicara Therapeutics Inc.

CIK 0002023658

Entity typeother
IncorporatedDE

Related Parties

1
  • filerCIK 0001009258

Filing Metadata

Form type
4
Filed
Sep 16, 8:00 PM ET
Accepted
Sep 17, 6:16 PM ET
Size
32.3 KB