Agger Mette Kirstine 4
4 · IMARA Inc. · Filed Mar 16, 2020
Insider Transaction Report
Form 4
IMARA Inc.IMRA
Agger Mette Kirstine
Director10% Owner
Transactions
- Conversion
Common Stock
2020-03-16+1,245,222→ 1,245,222 total(indirect: By Lundbeckfond Invest A/S) - Conversion
Series Seed Preferred Stock
2020-03-16−478,749→ 0 total(indirect: By Lundbeckfond Invest A/S)→ Common Stock (76,003 underlying) - Purchase
Common Stock
2020-03-16$16.00/sh+187,500$3,000,000→ 1,432,722 total(indirect: By Lundbeckfond Invest A/S) - Conversion
Series B Preferred Stock
2020-03-16−1,894,444→ 0 total(indirect: By Lundbeckfond Invest A/S)→ Common Stock (300,752 underlying) - Award
Stock Option (right to buy)
2020-03-16+15,457→ 15,457 totalExercise: $16.00Exp: 2030-03-15→ Common Stock (15,457 underlying) - Conversion
Series A Preferred Stock
2020-03-16−5,470,492→ 0 total(indirect: By Lundbeckfond Invest A/S)→ Common Stock (868,467 underlying)
Footnotes (5)
- [F1]On March 16, 2020, the Series Seed Preferred Stock converted into Common Stock on a 6.299-for-1 basis upon the closing of the Issuer's initial public offering without payment of consideration. The Series Seed Preferred Stock was convertible at any time at the holder's election and automatically upon the closing of the Issuer's initial public offering. The shares had no expiration date.
- [F2]On March 16, 2020, Series A Preferred Stock converted into Common Stock on a 6.299-for-1 basis upon the closing of the Issuer's initial public offering without payment of consideration. The Series A Preferred Stock was convertible at any time at the holder's election and automatically upon the closing of the Issuer's initial public offering. The shares had no expiration date.
- [F3]On March 16, 2020, the Series B Preferred Stock converted into Common Stock on a 6.299-for-1 basis upon the closing of the Issuer's initial public offering without payment of consideration. The Series B Preferred Stock was convertible at any time at the holder's election and automatically upon the closing of the Issuer's initial public offering. The shares had no expiration date.
- [F4]The reporting person is a managing partner at Lundbeckfonden Ventures, an affiliate of Lundbeckfond Invest A/S. The reporting person disclaims beneficial ownership of such shares except to the extent of her pecuniary interest, if any, and this report shall not be deemed an admission that the reporting person is the beneficial owner of all of the reported shares for purposes of Section 16 or any other purpose.
- [F5]The option vests in three equal installments on March 16, 2021, 2022 and 2023.