Danone Manifesto Ventures, PBC 3
3 · Laird Superfood, Inc. · Filed Sep 22, 2020
Insider Transaction Report
Form 3
Danone Manifesto Ventures, PBC
10% Owner
Holdings
- (indirect: See Explanation of Responses)
Series B-1 Preferred Stock
→ Common Stock (766,284 underlying)
Footnotes (2)
- [F1]Each share of the Company's Series B-1 Preferred Stock is convertible on a one-to-two basis into shares of the Company's common stock at the holder's election and has no expiration date. The Series B-1 Preferred Stock will automatically convert into common stock upon the closing of the Company's initial public offering.
- [F2]Danone Manifesto Ventures, PBC is the direct holder of the shares of Series B-1 Preferred Stock reflected in this Form 3. Danone Manifesto Ventures, PBC is a wholly owned subsidiary of Danone North America Public Benefit Corporation, which is a wholly owned subsidiary of Compagnie Gervais Danone S.A., which is a wholly owned subsidiary of Danone S.A. Danone S.A. is an indirect beneficial owner of the reported securities.