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Design Therapeutics, Inc. — Director's Dealing 2021
Apr 2, 2021
33059_dirs_2021-04-01_3311b9e9-4b09-47cd-9c87-645b0eb45a95.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: George Simeon (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 | 936637 | — | Acquired | 5376476 | Indirect |
| 2021-03-30 | Common Stock | P | 250000 | $20.00 | Acquired | 5626476 | 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 | 1526718 | Disposed | Common Stock (936637) | 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 reported securities are held directly by SR One Capital Fund I Aggregator, LP. SR One Capital Partners I, LP is the general partner of SR One Capital Fund I Aggregator, LP, and SR One Capital Management, LLC is the general partner of SR One Capital Partners I, LP. Simeon George, M.D. is the managing member of SR One Capital Management, LLC. Each of SR One Capital Partners I, LP, SR One Capital Management, LLC and Mr. George may each be deemed to have shared power to vote or dispose of these shares, and each disclaims beneficial ownership of the shares except to the extent of any pecuniary interest therein.
F3: The shares were purchased in the Issuer's initial public offering.