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Design Therapeutics, Inc. Director's Dealing 2021

Apr 2, 2021

33059_dirs_2021-04-01_aea77e8f-085b-40b5-95e7-fd76356306bf.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Design Therapeutics, Inc. (DSGN)
CIK: 0001807120
Period of Report: 2021-03-30

Reporting Person: Xu Stella (Director, 10% Owner)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2021-03-30 Common Stock C 4439839 Acquired 4439839 Indirect
2021-03-30 Common Stock C 280991 Acquired 4720830 Indirect
2021-03-30 Common Stock P 10000 $20.00 Acquired 4730830 Indirect

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2021-03-30 Series A Preferred Stock $ C 7236938 Disposed Common Stock (4439839) Indirect
2021-03-30 Series B Preferred Stock $ C 458016 Disposed Common Stock (280991) Indirect

Footnotes

F1: All outstanding shares of Preferred Stock automatically converted into shares of Common Stock immediately upon the closing of the Issuer's initial public offering, for no additional consideration at a rate of one share of Common Stock for each 1.63 shares of Preferred Stock, based on the conversion price currently in effect. The Preferred Stock has no expiration date.

F2: The general partner of Quan Venture Fund II, L.P. is Quan Venture Partners II, L.L.C. Stella Xu is a managing director of Quan Venture Partners II, L.L.C. and shares the ultimate power to vote or dispose of the shares held by Quan Venture Fund II, L.P. Dr. Xu disclaims beneficial ownership of the shares held by Quan Venture Fund II, L.P., except to the extent of her pecuniary interest.

F3: The shares were purchased in the Issuer's initial public offering.