AI assistant
Vir Biotechnology, Inc. — Director's Dealing 2019
Oct 16, 2019
32538_dirs_2019-10-16_7c4a075a-4d53-4a4c-a366-030cdb2eb81f.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Vir Biotechnology, Inc. (VIR)
CIK: 0001706431
Period of Report: 2019-10-16
Reporting Person: Alaska Permanent Fund Corp (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-10-16 | Common Stock | C | 2222222 | — | Acquired | 5555556 | Indirect |
| 2019-10-16 | Common Stock | C | 666667 | — | Acquired | 5555556 | Indirect |
| 2019-10-16 | Common Stock | C | 1111111 | — | Acquired | 5555556 | Indirect |
| 2019-10-16 | Common Stock | C | 55556 | — | Acquired | 5555556 | Indirect |
| 2019-10-16 | Common Stock | P | 1500000 | $20 | Acquired | 5555556 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-10-16 | Series A-1 convertible preferred stock | $ | C | 2222222 | Disposed | Common Stock (2222222) | Indirect | |
| 2019-10-16 | Series A-1 convertible preferred stock | $ | C | 666667 | Disposed | Common Stock (666667) | Indirect | |
| 2019-01-16 | Series B convertible preferred stock | $ | C | 1111111 | Disposed | Common Stock (1111111) | Indirect | |
| 2019-10-16 | Series B convertible preferred stock | $ | C | 55556 | Disposed | Common Stock (55556) | Indirect |
Footnotes
F1: Upon closing of the issuer's initial public offering, the Series A-1 convertible preferred stock and Series B convertible preferred stock converted automatically into Common Stock on a 1-for-1 basis without payment of further consideration. There was no expiration date for the Series A-1 convertible preferred stock or Series B convertible preferred stock. On September 27, 2019, prior to the closing of the issuer's initial public offering, the issuer effected a 1-for-4.5 reverse stock split of its common stock and convertible preferred stock which is reflected in the numbers above.