Casdin Eli's Form 4 filing
Absci CorpABSI · filed Jul 28, 2021
- Accession no.
- 0001628280-21-014731
- Filed
- Jul 28, 2021, 4:30 PM ET
- Trade date
- Jul 26, 2021
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Not on the form (before 2023)
This filing lists 4 non-derivative transactions and 3 derivative transactions. Open-market purchases total $25.0M. It was filed 2 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Casdin EliCIK 0001534264 | Director |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Jul 26, 2021 | Common Stock | CConversionAcquired | +4,209,573 | –F1 | – | 4,209,573 | Indirect | |
| Jul 26, 2021 | Common Stock | CConversionAcquired | +973,260 | –F3 | – | 5,182,833 | Indirect | |
| Jul 26, 2021 | Common Stock | PPurchaseAcquired | +1,562,500 | $16.00 | +$25,000,000 | 6,745,333 | Indirect | |
| Jul 26, 2021 | Common Stock | CConversionAcquired | +973,260 | –F3 | – | 973,260 | Indirect |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Jul 26, 2021 | Common Stock | CConversionDisposed | −4,209,573 | $0.00 | $0 | 0 | Indirect | |
| Jul 26, 2021 | Common Stock | CConversionDisposed | −973,260 | $0.00 | – | 0 | Indirect | |
| Jul 26, 2021 | Common Stock | CConversionDisposed | −973,260 | $0.00 | – | 0 | Indirect |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
These shares of the Series E Preferred Stock automatically converted on a one-for-3.3031 basis into the number of shares of the Issuer's common stock, par value $0.0001 per share ("Common Stock"), shown in Column 7 immediately upon closing of the Issuer's initial public offering ("IPO") without payment of additional consideration. The Series E Preferred Stock had no expiration date.
Referenced by the price of 1 transaction in Table I.
- F3
This convertible promissory note ("Convertible Note") had a maturity date of September 16, 2023. The principal and accrued interest under the Convertible Note converted upon the closing of the IPO into shares of Common Stock at a conversion price equal to $13.12 per share without payment of additional consideration.
Referenced by the price of 2 transactions in Table I.