Avalon Ventures X, L.P. 3
3 · Synthorx, Inc. · Filed Dec 6, 2018
Insider Transaction Report
Form 3
Synthorx, Inc.THOR
Avalon Ventures X, L.P.
10% Owner
Holdings
Series A Preferred Stock
→ Common Stock (1,281,664 underlying)- 187,237
Common Stock
Series B Preferred Stock
→ Common Stock (762,617 underlying)- (indirect: See Footnote)
Series C Preferred Stock
→ Common Stock (3,653,909 underlying)
Footnotes (6)
- [F1]Avalon Ventures X GP LLC ("Avalon X GP") and Avalon Ventures X SPV GP LLC ("Avalon X SPV GP") are general partners of Avalon Ventures X, L.P. ("Avalon Ventures") and Avalon X SPV, L.P. ("Avalon SPV") and may be deemed to have voting and investment power with respect to the shares held by Avalon Ventures and Avalon SPV and as a result may be deemed to have beneficial ownership of such shares.
- [F2]The shares of Series A Preferred Stock have no expiration date and are convertible at any time at the election of the holder into shares of Common Stock without payment of further consideration. Each share of Series A Preferred Stock will automatically convert on a 1.60224-to-1 basis into shares of Common Stock upon the closing of the Issuer's initial public offering.
- [F3]Share numbers give effect to the 1.60224-to-1 reverse stock split of the Issuer's Common Stock effected on November 26, 2018, which will be effective for the Preferred Stock upon its conversion to Common Stock upon the closing of the Issuer's initial public offering.
- [F4]The shares of Series B Preferred Stock have no expiration date and are convertible at any time at the election of the holder into shares of Common Stock without payment of further consideration. Each share of Series B Preferred Stock will automatically convert on a 1.60224-to-1 basis into shares of Common Stock upon the closing of the Issuer's initial public offering.
- [F5]The shares of Series C Preferred Stock have no expiration date and are convertible at any time at the election of the holder into shares of Common Stock without payment of further consideration. Each share of Series C Preferred Stock will automatically convert on a 1.60224-to-1 basis into shares of Common Stock upon the closing of the Issuer's initial public offering.
- [F6]The shares are held as follows: 2,517,278 shares held by Avalon Ventures X, L.P. and 1,136,631 shares held by Avalon X SPV, L.P.