SEC Form 4 · accession 0001209191-15-035488
Cidara Therapeutics, Inc. · CDTX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Nina S Kjellson
Director
Period of report
Apr 20, 2015
Accepted (ET)
Apr 22, 2015 · 2:45 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001610618
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Apr 20, 2015 | P | 200,000 | $16.00 | A | 200,000 | I | By limited partnership |
| Common StockF2,F1 | Apr 20, 2015 | C | 1,156,813 | — | A | 1,356,813 | I | By limited partnership |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Convertible Preferred StockF1,F2 | — | Apr 20, 2015 | C | 1,156,813 | D | — | — | Common Stock | 1,156,813 | 0 | I |
Explanation of responses
- F1Shares are held by InterWest Partners X, LP. InterWest Management Partners X, LLC has sole voting and investment control over the shares owned by InterWest X, LP. The managing directors and venture members of InterWest Management Partners X, LLC have shared voting and investment control over the shares owned by InterWest X, LP. The reporting person is a managing director of InterWest Management Partners X, LLC and disclaims beneficial ownership of the shares owned by InterWest Partners X, LP, except to the extent of her pro rata partnership interest therein.
- F2In connection with the Issuer's initial public offering, the preferred stock automatically converted into shares of the Issuer's common stock at the rate of 1 share of common stock for each 25.4 shares of preferred stock. The preferred stock had no expiration date.
Remarks
This filing serves as an exit report in connection with the Reporting Person's resignation from the Issuer's Board of Directors effective 4/20/2015.