Form 4 for ERAS Erasca, Inc.
Accepted 2021-07-20 00:00:00 ET · period of report 2021-07-20 · accession 0000899243-21-029085 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DMI | 2021-07-20 | 2021-07-20 | ERAS | City Hill, LLC | 10% | C - Cnv Deriv | — | +10.58M | 20.16M | +110% | — |
| DMI | 2021-07-20 | 2021-07-20 | ERAS | City Hill, LLC | 10% | C - Cnv Deriv | — | -12.69M | 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 | 5,441,027 | — | 11,899,360 | I By City Hill, LLC | — | — | (F1) The shares of the Issuer's Series A and Series B 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. (F3) Consists of shares held directly by City Hill, LLC ("City Hill"). Jonathan E. Lim, M.D. serves as the managing partner of City Hill. Dr. Lim exercises voting and dispositive control over the securities held by City Hill and is therefore deemed to be a beneficial owner of securities owned by City Hill. Dr. Lim disclaims beneficial ownership of the reported securities held by City Hill, except to the extent of his pecuniary interest therein. |
| 2 | Common | Common Stock | 2021-07-20 | C | A | 5,135,390 | — | 20,156,222 | I By Jonathan E. Lim and Conyee T. Lim Family Trust, dated April 28, 2005 | — | — | (F1) The shares of the Issuer's Series A and Series B 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) The securities reported herein may be deemed beneficially owned by each of (i) Jonathan E. Lim, M.D. and (ii) Conyee T. Lim, M.D., who are co-trustees of the Jonathan E. Lim and Conyee T. Lim Family Trust, dated April 28, 2005. |
| 3 | Derivative | Series B-2 Preferred Stock | 2021-07-20 | C | D | 112,000 | — | 0 | I By City Hill, LLC | $0.00 · — to — | 93,333 Common Stock | (F1) The shares of the Issuer's Series A and Series B 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. (F3) Consists of shares held directly by City Hill, LLC ("City Hill"). Jonathan E. Lim, M.D. serves as the managing partner of City Hill. Dr. Lim exercises voting and dispositive control over the securities held by City Hill and is therefore deemed to be a beneficial owner of securities owned by City Hill. Dr. Lim disclaims beneficial ownership of the reported securities held by City Hill, except to the extent of his pecuniary interest therein. |
| 4 | Derivative | Series B-1 Preferred Stock | 2021-07-20 | C | D | 336,000 | — | 0 | I By City Hill, LLC | $0.00 · — to — | 280,000 Common Stock | (F1) The shares of the Issuer's Series A and Series B 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. (F3) Consists of shares held directly by City Hill, LLC ("City Hill"). Jonathan E. Lim, M.D. serves as the managing partner of City Hill. Dr. Lim exercises voting and dispositive control over the securities held by City Hill and is therefore deemed to be a beneficial owner of securities owned by City Hill. Dr. Lim disclaims beneficial ownership of the reported securities held by City Hill, except to the extent of his pecuniary interest therein. |
| 5 | Derivative | Series A Preferred Stock | 2021-07-20 | C | D | 6,081,233 | — | 0 | I By City Hill, LLC | $0.00 · — to — | 5,067,694 Common Stock | (F1) The shares of the Issuer's Series A and Series B 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. (F3) Consists of shares held directly by City Hill, LLC ("City Hill"). Jonathan E. Lim, M.D. serves as the managing partner of City Hill. Dr. Lim exercises voting and dispositive control over the securities held by City Hill and is therefore deemed to be a beneficial owner of securities owned by City Hill. Dr. Lim disclaims beneficial ownership of the reported securities held by City Hill, except to the extent of his pecuniary interest therein. |
| 6 | Derivative | Series A Preferred Stock | 2021-07-20 | C | D | 6,162,468 | — | 0 | I By the Jonathan E. Lim and Conyee T. Lim Family Trust, dated April 28, 2005 | $0.00 · — to — | 5,135,390 Common Stock | (F1) The shares of the Issuer's Series A and Series B 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) The securities reported herein may be deemed beneficially owned by each of (i) Jonathan E. Lim, M.D. and (ii) Conyee T. Lim, M.D., who are co-trustees of the Jonathan E. Lim and Conyee T. Lim Family Trust, dated April 28, 2005. |