SEC Form 4 · accession 0001209191-17-056611
RHYTHM PHARMACEUTICALS, INC. · RYTM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Todd Foley
Director · 10% Owner
Period of report
Oct 10, 2017
Accepted (ET)
Oct 11, 2017 · 2:24 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001649904
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Oct 10, 2017 | C | 2,567,014 | — | A | 2,596,392 | I | See Footnote |
| Common StockF3,F4 | Oct 10, 2017 | P | 100,000 | $17.00 | A | 2,696,392 | I | See Footnote |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Series A Preferred StockF5,F6,F1 | — | Aug 18, 2017 | A | 3,015,915 | A | — | — | Common Stock | 328,889 | 3,015,915 | I |
| Series A Preferred StockF7,F1 | — | Oct 10, 2017 | C | 7,651,831 | D | — | — | Common Stock | 834,441 | 0 | I |
| Series A-1 Junior Preferred StockF8,F1 | — | Oct 10, 2017 | C | 15,887,703 | D | — | — | Common Stock | 1,732,573 | 0 | I |
Explanation of responses
- F1Each share of preferred stock converted into approximately 0.10905125 shares of common stock upon the closing of the issuer's initial public offering. The shares had no expiration date.
- F2The shares are held as follows: 2,499,299 by MPM BioVentures V, L.P. ("BV V") and 97,093 by MPM Asset Management Investors BV5 LLC ("AM BV5"). MPM BioVentures V GP LLC and MPM BioVentures V LLC ("BV LLC") are the direct and indirect general partners of BV V and BV LLC is the manager of AM BV5. Ansbert Gadicke, Luke Evnin and Todd Foley are the members of BV LLC. The Reporting Person disclaims beneficial ownership of the securities except to the extent of his pecuniary interest therein.
- F3Shares were purchased as follows: 96,260 by BV V and 3,740 by AM BV5.
- F4Shares are held as follows: 2,595,559 by BV V and 100,833 by AM BV5. The Reporting Person disclaims beneficial ownership of the securities except to the extent of his pecuniary interest therein.
- F5Shares were purchased as follows: 2,903,134 by BV V and 112,781 by AM BV5.
- F6Reflects a transaction with the Issuer prior to its Section 12 registration which occurred within 6 months of of the post-registration transaction reported on this Form 4.
- F7The shares of Series A Preferred Stock were held as follows: 7,365,688 by BV V and 286,143 by AM BV5.
- F8The shares of Series A-1 Junior Preferred Stock were held as follows: 15,293,569 by BV V and 594,134 by AM BV5.