Seer, Inc. — Director's Dealing 2020

Dec 10, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Seer, Inc. (SEER)
CIK: 0001726445
Period of Report: 2020-12-08

Reporting Person: Invus Public Equities, L.P. (10% Owner)
Reporting Person: Invus Public Equities Advisors, LLC (10% Owner)
Reporting Person: Artal Treasury Ltd (10% Owner)
Reporting Person: Artal International S.C.A. (10% Owner)
Reporting Person: Artal International Management S.A. (10% Owner)
Reporting Person: Artal Group S.A. (10% Owner)
Reporting Person: Westend S.A. (10% Owner)
Reporting Person: Stichting Administratiekantoor Westend (10% Owner)
Reporting Person: Minne Pascal (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-12-08	Class A Common Stock	C	5050911	—	Acquired	5050911	Direct
2020-12-08	Class A Common Stock	P	790000	$19	Acquired	5840911	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-12-08	Series B Convertible Preferred Stock	$	C	3953381	Disposed		Class A Common Stock (3953381.0)	Direct
2020-12-08	Series C Convertible Preferred Stock	$	C	373831	Disposed		Class A Common Stock (373831.0)	Direct
2020-12-08	Series D Convertible Preferred Stock	$	C	474478	Disposed		Class A Common Stock (474478.0)	Direct
2020-12-08	Series D-1 Convertible Preferred Stock	$	C	249221	Disposed		Class A Common Stock (249221.0)	Direct

Footnotes

F1: Each share of Series B Convertible Preferred Stock automatically converted into Class A Common Stock on a one-to-one basis without payment of further consideration immediately prior to the completion of the Issuer's initial public offering of Class A Common Stock and had no expiration date.

F2: Each share of Series C Convertible Preferred Stock automatically converted into Class A Common Stock on a one-to-one basis without payment of further consideration immediately prior to the completion of the Issuer's initial public offering of Class A Common Stock and had no expiration date.

F3: Each share of Series D Convertible Preferred Stock automatically converted into Class A Common Stock on a one-to-one basis without payment of further consideration immediately prior to the completion of the Issuer's initial public offering of Class A Common Stock and had no expiration date.

F4: Each share of Series D-1 Convertible Preferred Stock automatically converted into Class A Common Stock on a one-to-one basis without payment of further consideration immediately prior to the completion of the Issuer's initial public offering of Class A Common Stock and had no expiration date.

F5: The shares are held directly by Invus Public Equities, L.P. The general partner of Invus Public Equities, L.P. is Invus Public Equities Advisors, LLC. Artal Treasury Ltd is the managing member of Invus Public Equities Advisors, LLC. Artal Treasury Ltd is a wholly owned subsidiary of the Geneva branch of Artal International S.C.A. The managing partner of Artal International S.C.A. is Artal International Management S.A., which is a wholly owned subsidiary of Artal Group S.A. Westend S.A. is the parent company of Artal Group, S.A., and the majority stockholder of Westend S.A. is Stichting Administratiekantoor Westend ("Stichting").

F6: (Continued from Footnote 5) Mr. Pascal Minne is the sole member of the board of Stichting. Each of the Reporting Persons, other than Invus Public Equities L.P., disclaims beneficial ownership of the securities held by the other Reporting Persons, except to the extent of such reporting person's pecuniary interest therein, and, pursuant to Rule 16a-1(a)(4) under the Exchange Act, each of the reporting persons (other than to the extent it directly holds securities reported herein) states that the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 of the Exchange Act or for any other purpose.