ROCK SPRINGS CAPITAL MANAGEMENT LP purchased 66.1% of their position (500K shares) of XILIO THERAPEUTICS, INC. on the open market
Open‑market purchase worth $8.00M — a major conviction buy. The strongest form of insider conviction signal.
P · 1 purchase
Filed: 10/26/2021ACC: 0001104659-21-130031
10% Owner
Since Oct 2021
-7.22M
Net shares
Net seller
$8.00M
Total acquired
1
Open market trades
1B · 0S
5
Total transactions
1.41M acquired · 8.62M disposed
Non-Derivative Transactions3
Common Stock
Indirect
Shares
+756.47K
Price / share
—
Trade value
—
% of position
New position
10/26/2021
0.00→756.47K
Common Stock
Indirect
Shares
+151.29K
Price / share
—
Trade value
—
% of position
New position
10/26/2021
0.00→151.29K
Common Stock
Indirect
Shares
+500K
Price / share
$16.00
Trade value
$8M
% of position
66.1%
10/26/2021
756.47K→1.26M
Total
Net shares
+1.41M
Net value
$8M
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Indirect | 10/26/2021 | C · Conversion | +756.47K | — | — | New position | 0.00 | 756.47K |
| Common Stock Indirect | 10/26/2021 | C · Conversion | +151.29K | — | — | New position | 0.00 | 151.29K |
| Common Stock Indirect | 10/26/2021 | P · Purchase | +500K | $16.00 | $8M | 66.1% | 756.47K | 1.26M |
| Total | +1.41M | $8M | ||||||
Derivative Transactions2
Series C Preferred Stock
Indirect
Converts to
Common Stock
756.47K shares
Shares
−7.19M
Strike price
Held after
0.00
Exercisable
—
10/26/2021
Series C Preferred Stock
Indirect
Converts to
Common Stock
151.29K shares
Shares
−1.44M
Strike price
Held after
0.00
Exercisable
—
10/26/2021
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Series C Preferred Stock Indirect | Common Stock756.47K shares | 10/26/2021 | C · Conversion | −7.19M | — | 0.00 | |
| Series C Preferred Stock Indirect | Common Stock151.29K shares | 10/26/2021 | C · Conversion | −1.44M | — | 0.00 |