3: Initial statement of beneficial ownership of securities
Published on September 26, 2018
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | SEC 1473 (7-02) | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. |
1. Title of Derivative Security (Instr. 4) |
2. Date Exercisable and Expiration Date (Month/Day/Year) |
3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) |
4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) |
6. Nature of Indirect Beneficial Ownership (Instr. 5) |
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Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
Series B Preferred Stock | (1) | (1) | Common Stock | 85,015 | $ (1) | I | By Michael A. & Linda A. Fitzpatrick Family Trust dated 10/13/1997 (2) |
Series C Preferred Stock | (3) | (3) | Common Stock | 94,633 | $ (3) | I | By Michael A. & Linda A. Fitzpatrick Family Trust dated 10/13/1997 (2) |
Series D Preferred Stock | (4) | (4) | Common Stock | 48,595 | $ (4) | I | By Michael A. & Linda A. Fitzpatrick Family Trust dated 10/13/1997 (2) |
Series C Preferred Stock Warrant (right to buy) | (5) | (5) | Series C Preferred Stock | 2,800 | $ 0.4797 (6) | I | By Michael A. & Linda A. Fitzpatrick Family Trust dated 10/13/1997 (2) |
Stock Option (right to buy Common Stock) | (7) | 09/08/2019 | Common Stock | 826 | $ 5.09 | D | |
Stock Option (right to buy Common Stock) | (7) | 02/08/2021 | Common Stock | 1,652 | $ 4.36 | D | |
Stock Option (right to buy Common Stock) | (7) | 04/24/2023 | Common Stock | 2,066 | $ 5.81 | D | |
Stock Option (right to buy Common Stock) | (8) | 09/27/2025 | Common Stock | 15,068 | $ 11.98 | D |
Reporting Owners
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
FITZPATRICK LINDA A C/O SUTRO BIOPHARMA, INC. 310 UTAH AVENUE, SUITE 150 SOUTH SAN FRANCISCO, CA 94080 |
Chief People & Comm. Officer |
Signatures
/s/ Edward C. Albini as attorney-in-fact for Linda Fitzpatrick | 09/26/2018 | |
**Signature of Reporting Person | Date |
Explanation of Responses:
* | If the form is filed by more than one reporting person, see Instruction 5(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | Each share of the issuer's Series B Preferred Stock will automatically convert into 0.0578 share of the issuer's Common Stock immediately upon the closing of the issuer's initial public offering ("IPO") and has no expiration date. |
(2) | These securities are held of record by Michael A. Fitzpatrick and Linda A. Fitzpatrick, Trustees of the Michael A. & Linda A. Fitzpatrick Family Trust dated 10/13/1997. |
(3) | Each share of the issuer's Series C Preferred Stock will automatically convert into 0.0370 share of the issuer's Common Stock immediately upon the closing of the issuer's IPO and has no expiration date. |
(4) | Each share of the issuer's Series D Preferred Stock will automatically convert into 0.0405 share of the issuer's Common Stock immediately upon the closing of the issuer's IPO and has no expiration date. |
(5) | The warrant is exercisable at any time at the holder's election on a one-for one basis and automatically terminates on the completion of the issuer's initial public offering if not earlier exercised. |
(6) | The warrant has a net exercise provision under which the holder, in lieu of paying the exercise price in cash, can surrender the warrant and receive a net number of shares of preferred stock based on the fair market value of such stock at the time of exercise, after deducting the aggregate exercise price. |
(7) | The option is fully vested. |
(8) | The option vests as to 2.0833% of the total shares monthly, beginning on October 15, 2015, with 100% of the total shares vested and exercisable on September 15, 2019, subject to the reporting person's provision of service to the issuer on each vesting date. |