Foresite Capital Opportunity Fund V, L.P. 3
3 · FS Development Corp. II · Filed Mar 25, 2021
Insider Transaction Report
Form 3
Holdings
- 602,500(indirect: See Footnote)
Class A Common Stock
- (indirect: See Footnote)
Class B Common Stock
Exercise: $0.00→ Class A Common Stock (5,031,250 underlying)
Footnotes (2)
- [F1]FS Development Holdings II, LLC (the "Sponsor") is the record holder of the shares reported herein, of which Foresite Capital Opportunity Fund V, L.P. ("Opportunity V") was admitted as a member on March 23, 2021, effective March 23, 2021. Opportunity V, its general partner Foresite Capital Opportunity Management V, LLC ("FCOM V") and FCOM V's managing member, Dr. James Tananbaum, have voting and investment discretion with respect to the common stock held of record by the Sponsor. Each of Opportunity V, FCOM V, their respective members and Dr. Tananbaum disclaim beneficial ownership of these shares except to the extent of any pecuniary interest therein.
- [F2]The shares of Class B common stock will automatically convert into shares of Class A common stock at the time of the issuer's initial business combination or earlier at the option of the holder, on a one-for-one basis, subject to adjustment for stock splits, stock capitalizations, reorganizations, recapitalizations and the like, and certain anti-dilution rights and have no expiration date.