4//SEC Filing
5AM Ventures V, L.P. 4
Accession 0001209191-20-040794
CIK 0001722271other
Filed
Jul 1, 8:00 PM ET
Accepted
Jul 2, 8:50 PM ET
Size
31.7 KB
Accession
0001209191-20-040794
Insider Transaction Report
Form 4
Akouos, Inc.AKUS
5AM Ventures V, L.P.
10% Owner
Transactions
- Conversion
Common Stock
2020-06-30+513,757→ 513,757 total(indirect: footnote) - Conversion
Series B Preferred Stock
2020-06-30−21,072,595→ 0 total(indirect: footnote)→ Common Stock (999,980 underlying) - Conversion
Series B Preferred Stock
2020-06-30−16,858,076→ 0 total(indirect: footnote)→ Common Stock (799,984 underlying) - Conversion
Common Stock
2020-06-30+1,997,946→ 2,511,703 total(indirect: footnote) - Purchase
Common Stock
2020-06-30$17.00/sh+294,117$4,999,989→ 1,094,101 total(indirect: footnote) - Conversion
Series A Preferred Stock
2020-06-30−42,102,730→ 0 total(indirect: footnote)→ Common Stock (1,997,946 underlying) - Conversion
Common Stock
2020-06-30+999,980→ 3,511,683 total(indirect: footnote) - Conversion
Common Stock
2020-06-30+799,984→ 799,984 total(indirect: footnote) - Conversion
Series Seed Preferred Stock
2020-06-30−10,826,417→ 0 total(indirect: footnote)→ Common Stock (513,757 underlying)
ROCKLAGE SCOTT M
10% Owner
Transactions
- Conversion
Series Seed Preferred Stock
2020-06-30−10,826,417→ 0 total(indirect: footnote)→ Common Stock (513,757 underlying) - Conversion
Series A Preferred Stock
2020-06-30−42,102,730→ 0 total(indirect: footnote)→ Common Stock (1,997,946 underlying) - Conversion
Common Stock
2020-06-30+799,984→ 799,984 total(indirect: footnote) - Conversion
Common Stock
2020-06-30+1,997,946→ 2,511,703 total(indirect: footnote) - Conversion
Series B Preferred Stock
2020-06-30−16,858,076→ 0 total(indirect: footnote)→ Common Stock (799,984 underlying) - Conversion
Common Stock
2020-06-30+513,757→ 513,757 total(indirect: footnote) - Purchase
Common Stock
2020-06-30$17.00/sh+294,117$4,999,989→ 1,094,101 total(indirect: footnote) - Conversion
Series B Preferred Stock
2020-06-30−21,072,595→ 0 total(indirect: footnote)→ Common Stock (999,980 underlying) - Conversion
Common Stock
2020-06-30+999,980→ 3,511,683 total(indirect: footnote)
5AM Opportunities I (GP), LLC
10% Owner
Transactions
- Conversion
Series B Preferred Stock
2020-06-30−21,072,595→ 0 total(indirect: footnote)→ Common Stock (999,980 underlying) - Conversion
Common Stock
2020-06-30+999,980→ 3,511,683 total(indirect: footnote) - Conversion
Series Seed Preferred Stock
2020-06-30−10,826,417→ 0 total(indirect: footnote)→ Common Stock (513,757 underlying) - Conversion
Common Stock
2020-06-30+513,757→ 513,757 total(indirect: footnote) - Conversion
Common Stock
2020-06-30+799,984→ 799,984 total(indirect: footnote) - Conversion
Series B Preferred Stock
2020-06-30−16,858,076→ 0 total(indirect: footnote)→ Common Stock (799,984 underlying) - Conversion
Common Stock
2020-06-30+1,997,946→ 2,511,703 total(indirect: footnote) - Purchase
Common Stock
2020-06-30$17.00/sh+294,117$4,999,989→ 1,094,101 total(indirect: footnote) - Conversion
Series A Preferred Stock
2020-06-30−42,102,730→ 0 total(indirect: footnote)→ Common Stock (1,997,946 underlying)
5AM Opportunities I, L.P.
10% Owner
Transactions
- Conversion
Common Stock
2020-06-30+999,980→ 3,511,683 total(indirect: footnote) - Conversion
Common Stock
2020-06-30+513,757→ 513,757 total(indirect: footnote) - Purchase
Common Stock
2020-06-30$17.00/sh+294,117$4,999,989→ 1,094,101 total(indirect: footnote) - Conversion
Series Seed Preferred Stock
2020-06-30−10,826,417→ 0 total(indirect: footnote)→ Common Stock (513,757 underlying) - Conversion
Series B Preferred Stock
2020-06-30−21,072,595→ 0 total(indirect: footnote)→ Common Stock (999,980 underlying) - Conversion
Series B Preferred Stock
2020-06-30−16,858,076→ 0 total(indirect: footnote)→ Common Stock (799,984 underlying) - Conversion
Common Stock
2020-06-30+1,997,946→ 2,511,703 total(indirect: footnote) - Conversion
Common Stock
2020-06-30+799,984→ 799,984 total(indirect: footnote) - Conversion
Series A Preferred Stock
2020-06-30−42,102,730→ 0 total(indirect: footnote)→ Common Stock (1,997,946 underlying)
5AM Partners V, LLC
10% Owner
Transactions
- Purchase
Common Stock
2020-06-30$17.00/sh+294,117$4,999,989→ 1,094,101 total(indirect: footnote) - Conversion
Series B Preferred Stock
2020-06-30−16,858,076→ 0 total(indirect: footnote)→ Common Stock (799,984 underlying) - Conversion
Common Stock
2020-06-30+513,757→ 513,757 total(indirect: footnote) - Conversion
Series Seed Preferred Stock
2020-06-30−10,826,417→ 0 total(indirect: footnote)→ Common Stock (513,757 underlying) - Conversion
Series B Preferred Stock
2020-06-30−21,072,595→ 0 total(indirect: footnote)→ Common Stock (999,980 underlying) - Conversion
Common Stock
2020-06-30+799,984→ 799,984 total(indirect: footnote) - Conversion
Series A Preferred Stock
2020-06-30−42,102,730→ 0 total(indirect: footnote)→ Common Stock (1,997,946 underlying) - Conversion
Common Stock
2020-06-30+1,997,946→ 2,511,703 total(indirect: footnote) - Conversion
Common Stock
2020-06-30+999,980→ 3,511,683 total(indirect: footnote)
Schwab Andrew J.
10% Owner
Transactions
- Conversion
Common Stock
2020-06-30+1,997,946→ 2,511,703 total(indirect: footnote) - Conversion
Common Stock
2020-06-30+999,980→ 3,511,683 total(indirect: footnote) - Conversion
Series B Preferred Stock
2020-06-30−21,072,595→ 0 total(indirect: footnote)→ Common Stock (999,980 underlying) - Conversion
Common Stock
2020-06-30+513,757→ 513,757 total(indirect: footnote) - Purchase
Common Stock
2020-06-30$17.00/sh+294,117$4,999,989→ 1,094,101 total(indirect: footnote) - Conversion
Series Seed Preferred Stock
2020-06-30−10,826,417→ 0 total(indirect: footnote)→ Common Stock (513,757 underlying) - Conversion
Series B Preferred Stock
2020-06-30−16,858,076→ 0 total(indirect: footnote)→ Common Stock (799,984 underlying) - Conversion
Common Stock
2020-06-30+799,984→ 799,984 total(indirect: footnote) - Conversion
Series A Preferred Stock
2020-06-30−42,102,730→ 0 total(indirect: footnote)→ Common Stock (1,997,946 underlying)
Footnotes (7)
- [F1]On June 30, 2020, the Series Seed Preferred Stock converted into Common Stock on a 21.073-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]Shares are held directly by 5AM Ventures V, L.P. ("Ventures V").
- [F3]5AM Partners V, LLC is the general partner of Ventures V and may be deemed to have sole investment and voting power over the shares held by Ventures V. Each of Andrew Schwab, Dr. Kush Parmar and Dr. Scott Rocklage is a Managing Member of 5AM Partners V, LLC, and may be deemed to have shared voting and dispositive power over the shares held by Ventures V. Therefore, each of Andrew Schwab, Dr. Kush Parmar, Dr. Scott Rocklage, and 5AM Partners V, LLC may be deemed to beneficially own the shares held by Ventures V, and each disclaims beneficial ownership over the shares held by Ventures V except to the extent of his or its pecuniary interest therein.
- [F4]On June 30, 2020, the Series A Preferred Stock converted into Common Stock on a 21.073-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.
- [F5]On June 30, 2020, the Series B Preferred Stock converted into Common Stock on a 21.073-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.
- [F6]5AM Opportunities I (GP), LLC is the general partner of 5AM Opportunities I, L.P. ("Opportunities I") and may be deemed to have sole investment and voting power over the shares held by Opportunities I. Each of Andrew Schwab and Dr. Kush Parmar is a Managing Member of 5AM Opportunities I (GP), LLC, and may be deemed to have shared voting and dispositive power over the shares held by Opportunities I. Therefore, each of Andrew Schwab, Dr. Kush Parmar and 5AM Opportunities I (GP), LLC may be deemed to beneficially own the shares held by Opportunities I, and each disclaims beneficial ownership over the shares held by Opportunities I except to the extent of his or its pecuniary interest therein.
- [F7]Shares are held directly by Opportunities I.
Documents
Issuer
Akouos, Inc.
CIK 0001722271
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001674324
Filing Metadata
- Form type
- 4
- Filed
- Jul 1, 8:00 PM ET
- Accepted
- Jul 2, 8:50 PM ET
- Size
- 31.7 KB