Form 4 for ERAS Erasca, Inc.
Accepted 2021-07-20 00:00:00 ET · period of report 2021-07-20 · accession 0000899243-21-029082 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DI | 2021-07-20 | 2021-07-20 | ERAS | Casdin Alexander W. | Dir | C - Cnv Deriv | — | +750.0K | 750.0K | New | — |
| D | 2021-07-20 | 2021-07-20 | ERAS | Casdin Alexander W. | Dir | C - Cnv Deriv | — | +150.0K | 337.5K | +80% | — |
| DI | 2021-07-20 | 2021-07-20 | ERAS | Casdin Alexander W. | Dir | C - Cnv Deriv | — | -900.0K | 0 | -100% | — |
| D | 2021-07-20 | 2021-07-20 | ERAS | Casdin Alexander W. | Dir | C - Cnv Deriv | — | -180.0K | 0 | -100% | — |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2021-07-20 | C | A | 750,000 | — | 750,000 | I | — | — | (F1) The shares of the Issuer's Series A Preferred Stock automatically converted into shares of the Issuer's Common Stock, for no additional consideration, at a ratio of 1.2-for-1 share, immediately prior to the consummation of the Issuer's initial public offering. |
| 2 | Common | Common Stock | 2021-07-20 | C | A | 150,000 | — | 337,500 | D By Reneo SPV IV LP | — | — | (F1) The shares of the Issuer's Series A Preferred Stock automatically converted into shares of the Issuer's Common Stock, for no additional consideration, at a ratio of 1.2-for-1 share, immediately prior to the consummation of the Issuer's initial public offering. (F2) Alexander Casdin serves as the managing member of Reneo GP LLC, which is the general partner of Reneo Capital SPV IV LP (Reneo SPV). Mr. Casdin exercises voting and dispositive control over the securities held by Reneo SPV and is therefore deemed to be a beneficial owner of securities owned by Reneo SPV. Mr. Casdin disclaims beneficial ownership of the reported securities held by Reneo SPV, except to the extent of his pecuniary interest therein. |
| 3 | Derivative | Series A Preferred Stock | 2021-07-20 | C | D | 900,000 | — | 0 | I | $0.00 · — to — | 750,000 Common Stock | (F1) The shares of the Issuer's Series A Preferred Stock automatically converted into shares of the Issuer's Common Stock, for no additional consideration, at a ratio of 1.2-for-1 share, immediately prior to the consummation of the Issuer's initial public offering. |
| 4 | Derivative | Series A Preferred Stock | 2021-07-20 | C | D | 180,000 | — | 0 | D By Reneo SPV IV LP | $0.00 · — to — | 150,000 Common Stock | (F1) The shares of the Issuer's Series A Preferred Stock automatically converted into shares of the Issuer's Common Stock, for no additional consideration, at a ratio of 1.2-for-1 share, immediately prior to the consummation of the Issuer's initial public offering. (F2) Alexander Casdin serves as the managing member of Reneo GP LLC, which is the general partner of Reneo Capital SPV IV LP (Reneo SPV). Mr. Casdin exercises voting and dispositive control over the securities held by Reneo SPV and is therefore deemed to be a beneficial owner of securities owned by Reneo SPV. Mr. Casdin disclaims beneficial ownership of the reported securities held by Reneo SPV, except to the extent of his pecuniary interest therein. |