SEC Form 4 · accession 0000899243-18-027475
LogicBio Therapeutics, Inc. · LOGC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Erez Chimovits
Director
Period of report
Oct 23, 2018
Accepted (ET)
Oct 25, 2018 · 6:24 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001664106
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2,F3 | Oct 23, 2018 | C | 2,997,760 | — | A | 2,997,760 | I | See Footnote |
| Common StockF3 | Oct 23, 2018 | P | 490,000 | $10.00 | A | 3,487,760 | 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 Convertible Preferred StockF3,F2 | — | Oct 23, 2018 | C | 2,678,571 | D | — | — | Common Stock | 1,402,444 | 0 | I |
| Series B Convertible Preferred StockF3,F2 | — | Oct 23, 2018 | C | 3,046,943 | D | — | — | Common Stock | 1,595,316 | 0 | I |
Explanation of responses
- F1The total represents shares received upon conversion of Series A and Series B Convertible Preferred Stock.
- F2Upon closing of the Issuer's initial public offering, each share of Series A and Series B Convertible Preferred Stock automatically converted into 0.5235794 shares of Common Stock without payment or further consideration. There was no expiration date for the Series A or Series B Convertible Preferred Stock.
- F3The Reporting Person is an employee of OrbiMed Advisors Israel II Limited ("OrbiMed Limited"), which is the managing member of OrbiMed Israel GP II, L.P. ("OIP GP"). OIP GP is the general partner of OrbiMed Israel Partners II, L.P. ("OIP II"), the direct beneficial owner of these securities. By virtue of such relationships, OIP GP and OrbiMed Limited may be deemed to have voting and investment power over the securities held by OIP II. The Reporting Person disclaims beneficial ownership, within the meaning of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise of such portion of these securities in which the Reporting Person has no pecuniary interest.