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PRECISION BIOSCIENCES INC — Director's Dealing 2019
Apr 1, 2019
34491_dirs_2019-04-01_2b257ad7-c6de-459f-bf37-553af17e15b4.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: PRECISION BIOSCIENCES INC (DTIL)
CIK: 0001357874
Period of Report: 2019-04-01
Reporting Person: venBio Global Strategic Fund, L.P. (Director, 10% Owner)
Reporting Person: venBio Global Strategic GP, L.P. (10% Owner)
Reporting Person: venBio Global Strategic GP, Ltd. (10% Owner)
Reporting Person: Adelman Robert J (Director, 10% Owner)
Reporting Person: GOODMAN COREY S (10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-04-01 | Common Stock | P | 50000 | $16.00 | Acquired | 50000 | Indirect |
| 2019-04-01 | Common Stock | C | 3747623 | — | Acquired | 3797623 | Indirect |
| 2019-04-01 | Common Stock | C | 467518 | — | Acquired | 4265141 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-04-01 | Series A Preferred Stock | $ | C | 8000000 | Disposed | Common Stock (3747623) | Indirect | |
| 2019-04-01 | Series B Preferred Stock | $ | C | 998004 | Disposed | Common Stock (467518) | Indirect |
Footnotes
F1: Each share of the Issuer's preferred stock converted into shares of the Issuer's common stock, $0.000005 par value per share, on a one-for-2.134686 basis upon the closing of the Issuer's initial public offering, after giving effect to the reverse stock split effected by the Issuer in connection with the initial public offering.
F2: venBio Global Strategic GP, LP is the sole general partner of venBio Global Strategic Fund, LP and venBio Global Strategic GP, Ltd. is the sole general partner of venBio Global Strategic GP, L.P. Robert Adelman and Corey Goodman are directors of venBio Global Strategic GP, Ltd. Each of venBio Global Strategic GP, L.P., venBio Global Strategic GP, Ltd., Mr. Adelman and Mr. Goodman disclaims beneficial ownership of such securities, except to the extent of his/its indirect pecuniary interest therein.