BAIN CAPITAL LIFE SCIENCES INVESTORS, LLC purchased 2.1% of their position (150K shares) of SPRINGWORKS THERAPEUTICS, INC. on the open market
Open‑market purchase worth $2.70M — a small addition. The strongest form of insider conviction signal.
P · 1 purchase
Filed: 9/19/2019ACC: 0000899243-19-023936
→
10% Owner
Since Sep 2019
+150K
Net shares
Net buyer
$2.70M
Total acquired
1
Open market trades
1B · 0S
5
Total transactions
7.28M acquired · 7.13M disposed
Non-Derivative Transactions3
Common Stock
Indirect
Shares
+6.08M
Price / share
—
Trade value
—
% of position
New position
9/17/2019
0.00→6.08M
Common Stock
Indirect
Shares
+1.05M
Price / share
—
Trade value
—
% of position
17.3%
9/17/2019
6.08M→7.13M
Common Stock
Indirect
Shares
+150K
Price / share
$18.00
Trade value
$2.70M
% of position
2.1%
9/17/2019
7.13M→7.28M
Total
Net shares
+7.28M
Net value
$2.70M
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Indirect | 9/17/2019 | C · Conversion | +6.08M | — | — | New position | 0.00 | 6.08M |
| Common Stock Indirect | 9/17/2019 | C · Conversion | +1.05M | — | — | 17.3% | 6.08M | 7.13M |
| Common Stock Indirect | 9/17/2019 | P · Purchase | +150K | $18.00 | $2.70M | 2.1% | 7.13M | 7.28M |
| Total | +7.28M | $2.70M | ||||||
Derivative Transactions2
Series A Convertible Preferred Stock
Indirect
Converts to
Common Stock
6.08M shares
Shares
−6.08M
Strike price
Held after
0.00
Exercisable
—
9/17/2019
Series B Convertible Preferred Stock
Indirect
Converts to
Common Stock
1.05M shares
Shares
−1.05M
Strike price
Held after
0.00
Exercisable
—
9/17/2019
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Series A Convertible Preferred Stock Indirect | Common Stock6.08M shares | 9/17/2019 | C · Conversion | −6.08M | — | 0.00 | |
| Series B Convertible Preferred Stock Indirect | Common Stock1.05M shares | 9/17/2019 | C · Conversion | −1.05M | — | 0.00 |