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Design Therapeutics, Inc. — Director's Dealing 2021
Apr 2, 2021
33059_dirs_2021-04-01_95d97d2a-c5dd-447c-9c44-8e52f4075513.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: Shah Pratik (Director, Executive Chairperson)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-03-30 | Common Stock | P | 25000 | $20.00 | Acquired | 25000 | Direct |
| 2021-03-30 | Common Stock | C | 104923 | — | Acquired | 129923 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-03-30 | Series A Preferred Stock | $ | C | 171025 | Disposed | Common Stock (104923) | Indirect |
Footnotes
F1: The shares were purchased in the Issuer's initial public offering.
F2: 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.
F3: The Reporting Person is the Trustee of the Pratik Shah Living Trust (6/15/2011). The Reporting Person disclaims beneficial ownership of these securities except to the extent of Reporting Person's pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.