VERSANT VENTURE CAPITAL VI, L.P. reported 2 transactions at PANDION THERAPEUTICS, INC.
Review the transaction codes below to understand the nature of each event.
Filed: 7/21/2020ACC: 0000899243-20-019877
10% Owner
Since Jul 2020
-14.02M
Net shares
Net seller
$0.00
Total acquired
0
Open market trades
0B · 0S
6
Total transactions
3.75M acquired · 17.78M disposed
Non-Derivative Transactions2
Common Stock
Direct
Shares
+3.18M
Price / share
—
Trade value
—
% of position
New position
7/21/2020
0.00→3.18M
Common Stock
Indirect
Shares
+577.54K
Price / share
—
Trade value
—
% of position
New position
7/21/2020
0.00→577.54K
Total
Net shares
+3.75M
Net value
$0.00
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 7/21/2020 | C · Conversion | +3.18M | — | — | New position | 0.00 | 3.18M |
| Common Stock Indirect | 7/21/2020 | C · Conversion | +577.54K | — | — | New position | 0.00 | 577.54K |
| Total | +3.75M | $0.00 | ||||||
Derivative Transactions4
Series A Preferred Stock
Direct
Converts to
Common Stock
2.83M shares
Shares
−14.45M
Strike price
Held after
0.00
Exercisable
—
7/21/2020
Series B Preferred Stock
Direct
Converts to
Common Stock
342.29K shares
Shares
−1.75M
Strike price
Held after
0.00
Exercisable
—
7/21/2020
Series B Preferred Stock
Indirect
Converts to
Common Stock
244.21K shares
Shares
−1.25M
Strike price
Held after
0.00
Exercisable
—
7/21/2020
Simple Agreement for Future Equity
Indirect
Converts to
Common Stock
333.33K shares
Shares
−333.33K
Strike price
Held after
0.00
Exercisable
—
7/21/2020
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Series A Preferred Stock Direct | Common Stock2.83M shares | 7/21/2020 | C · Conversion | −14.45M | — | 0.00 | |
| Series B Preferred Stock Direct | Common Stock342.29K shares | 7/21/2020 | C · Conversion | −1.75M | — | 0.00 | |
| Series B Preferred Stock Indirect | Common Stock244.21K shares | 7/21/2020 | C · Conversion | −1.25M | — | 0.00 | |
| Simple Agreement for Future Equity Indirect | Common Stock333.33K shares | 7/21/2020 | C · Conversion | −333.33K | — | 0.00 |