Form 4 for RLYB Rallybio Corp
Accepted 2021-08-04 00:00:00 ET · period of report 2021-07-28 · accession 0000899243-21-031635 · 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 | 2021-08-04 | 2021-08-02 | RLYB | Hopfner Robert Lorne | Dir | P - Purchase | $13.00 | +576.9K | 2.27M | +34% | +$7.50M |
| DI | 2021-08-04 | 2021-07-28 | RLYB | Hopfner Robert Lorne | Dir | J - Other | — | +1.69M | 1.69M | New | — |
| D | 2021-08-04 | 2021-07-28 | RLYB | Hopfner Robert Lorne | Dir | A - Grant | $0.00 | +13.4K | 13.4K | New | $0 |
| DI | 2021-08-04 | 2021-07-28 | RLYB | Hopfner Robert Lorne | Dir | J - Other | — | -10.79M | 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 | 2021-08-02 | P | A | 576,923 | $13.00 | 2,267,411 | I Pivotal bioVenture Partners Fund I L.P | — | — | (F2) Shares of common stock are held directly by Pivotal bioVenture Partners Fund I L.P. ("Pivotal"). Pivotal bioVenture Partners Fund I G.P., L.P. is the general partner of Pivotal. Dr. Hopfner is a managing director at Pivotal bioVenture Partners and may be deemed to share voting and dispositive power over the shares held by Pivotal. Dr. Hopfner disclaims beneficial ownership of the shares held by Pivotal except to the extent of his pecuniary interest therein. |
| 2 | Common | Common Stock | 2021-07-28 | J | A | 1,694,388 | — | 1,694,388 | I Pivotal bioVenture Partners Fund I L.P | — | — | (F1) The Series B Preferred Units (the "Preferred Units") reported herein were preferred units of Rallybio Holdings, LLC. The shares of common stock of the Issuer were received on July 28, 2021 pursuant to the Plan of Liquidation and Dissolution, dated July 28, 2021, among Rallybio Holdings, LLC and its members (the "Plan of Liquidation"). Pursuant to the Plan of Liquidation, the holders of Preferred Units received approximately 6.37 shares of common stock of the Issuer for each Preferred Unit. Rallybio Holdings, LLC was subsequently dissolved. The Preferred Units had no expiration date prior to the liquidation. (F2) Shares of common stock are held directly by Pivotal bioVenture Partners Fund I L.P. ("Pivotal"). Pivotal bioVenture Partners Fund I G.P., L.P. is the general partner of Pivotal. Dr. Hopfner is a managing director at Pivotal bioVenture Partners and may be deemed to share voting and dispositive power over the shares held by Pivotal. Dr. Hopfner disclaims beneficial ownership of the shares held by Pivotal except to the extent of his pecuniary interest therein. |
| 3 | Derivative | Option (Right to Buy) | 2021-07-28 | A | A | 13,440 | $0.00 | 13,440 | D | $13.00 · — to — | 13,440 Common Stock | (F4) The option vests as to the underlying shares of Common Stock on the earlier of July 28, 2022 and the date of the first annual meeting of stockholders of the Issuer following the closing of its initial public offering. The option expires on July 28, 2031. |
| 4 | Derivative | Series B Preferred Units | 2021-07-28 | J | D | 10,789,193 | — | 0 | I Pivotal bioVenture Partners Fund I L.P. | — · — to — | 1,693,488 Common Stock | (F1) The Series B Preferred Units (the "Preferred Units") reported herein were preferred units of Rallybio Holdings, LLC. The shares of common stock of the Issuer were received on July 28, 2021 pursuant to the Plan of Liquidation and Dissolution, dated July 28, 2021, among Rallybio Holdings, LLC and its members (the "Plan of Liquidation"). Pursuant to the Plan of Liquidation, the holders of Preferred Units received approximately 6.37 shares of common stock of the Issuer for each Preferred Unit. Rallybio Holdings, LLC was subsequently dissolved. The Preferred Units had no expiration date prior to the liquidation. (F2) Shares of common stock are held directly by Pivotal bioVenture Partners Fund I L.P. ("Pivotal"). Pivotal bioVenture Partners Fund I G.P., L.P. is the general partner of Pivotal. Dr. Hopfner is a managing director at Pivotal bioVenture Partners and may be deemed to share voting and dispositive power over the shares held by Pivotal. Dr. Hopfner disclaims beneficial ownership of the shares held by Pivotal except to the extent of his pecuniary interest therein. |