SEC Form 4 · accession 0001140361-18-031069

Tricida, Inc. · TCDA

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owners

Patrick G Enright

10% Owner

Bakker Juliet Tammenoms

10% Owner

Longitude Venture Partners II, L.P.

10% Owner

Longitude Capital Partners II, LLC

10% Owner

Period of report

Jul 2, 2018

Accepted (ET)

Jul 2, 2018 · 9:16 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001595585

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock^F1,F2,F3	Jul 2, 2018	C	2,431,511	—	A	2,431,511	I	Longitude Venture Partners II, L.P.
Common Stock^F1,F2,F3	Jul 2, 2018	C	456,644	—	A	2,888,155	I	Longitude Venture Partners II, L.P.
Common Stock^F2,F3	Jul 2, 2018	P	131,579	$19.00	A	3,019,734	I	Longitude Venture Partners II, L.P

Table II — derivative securities

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Series C Convertible Preferred Stock^F1,F2,F3	—	Jul 2, 2018	C	9,677,419	D	—	—	Common Stock	2,431,511	0	I
Series D Convertible Preferred Stock^F1,F2,F3	—	Jul 2, 2018	C	1,817,447	D	—	—	Common Stock	456,644	0	I

Explanation of responses

F1Each of the Series C Convertible Preferred Stock and Series D Convertible Preferred Stock was convertible at any time at the option of the holder into Common Stock at a rate of 1/3.98, for no additional consideration, and had no expiration date. Each of the Series C Convertible Preferred Stock and Series D Convertible Preferred Stock automatically converted into Common Stock, at a rate of 1/3.98 and for no additional consideration, upon closing of the Issuer's initial public offering of its Common Stock.
F2These shares are held directly by Longitude Venture Partners II, L.P. ("Longitude II"). This statement is filed jointly by Longitude Capital Partners II, LLC ("LCP2"), Longitude II, Patrick G. Enright ("Mr. Enright") and Juliet Tammenoms Bakker ("Ms. Bakker"), all of whom share beneficial ownership of more than 10% of the capital stock of the Issuer. LCP2 is the general partner of Longitude II and may be deemed to share voting and investment power over the shares of the Issuer held by Longitude II. Mr. Enright and Ms. Bakker are the managing members of LCP2 and may be deemed to share voting and investment power over the shares of the Issuer held by Longitude II.
F3Each of LCP2, Mr. Enright and Ms. Bakker disclaims beneficial ownership of such shares except to the extent of its, his or her pecuniary interest therein, and the filing of this statement shall not be deemed an admission that any such Reporting Person is a beneficial owner of such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.