SEC Form 4 · accession 0000899243-17-018010
AILERON THERAPEUTICS INC · ALRN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
EXCEL MEDICAL FUND LP
10% Owner
Steven R. Gullans Ph.D.
10% Owner
Excel Medical Ventures, LLC
10% Owner
Frederick R. Blume
10% Owner
Juan Enriquez
10% Owner
Period of report
Jul 5, 2017
Accepted (ET)
Jul 6, 2017 · 6:16 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001420565
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Jul 5, 2017 | C | 956,100 | — | A | 956,100 | D | |
| Common StockF2 | Jul 5, 2017 | P | 60,000 | $15.00 | A | 1,016,100 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Series D Preferred StockF2,F1 | — | Jul 5, 2017 | C | 5,934,050 | D | — | — | Common Stock | 597,167 | 0 | D |
| Series E-2 Preferred StockF2,F1 | — | Jul 5, 2017 | C | 1,329,993 | D | — | — | Common Stock | 133,842 | 0 | D |
| Series E-3 Preferred StockF2,F1 | — | Jul 5, 2017 | C | 1,153,606 | D | — | — | Common Stock | 116,091 | 0 | D |
| Series F Preferred StockF2,F1 | — | Jul 5, 2017 | C | 1,083,119 | D | — | — | Common Stock | 108,998 | 0 | D |
Explanation of responses
- F1The Series D, Series E-2, Series E-3 and Series F Preferred Stock converted into Common Stock on a 9.937-for-one basis upon the closing of the Issuer's initial public offering without payment of consideration. The Series D, Series E-2, Series E-3 and Series F Preferred Stock were convertible at any time at the holder's election and automatically upon the closing of the Issuer's initial pubic offering. The shares had no expiration date.
- F2Excel Medical Ventures, LLC is the general partner of Excel Medical Fund, L.P. Steven R. Gullans, Frederick R. Blume and Juan Enriquez are the Managing Directors of Excel Medical Ventures, LLC. Excel Medical Ventures, LLC and each of these individuals may be deemed to share voting and dispositive power with respect to all shares held by Excel Medical Fund, L.P. Each of the filing persons disclaims beneficial ownership of the shares except to the extent of any pecuniary interest therein.