SEC Form 4 · accession 0001104659-18-037313
Scholar Rock Holding Corp · SRRK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
Artal Group S.A.
10% Owner
Artal International S.C.A.
10% Owner
Westend S.A.
10% Owner
Invus Public Equities Advisors, LLC
10% Owner
Invus Public Equities, L.P.
10% Owner
Pascal Minne
10% Owner
Artal International Management S.A.
10% Owner
Period of report
May 29, 2018
Accepted (ET)
May 31, 2018 · 9:41 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001727196
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F3,F5,F6 | May 29, 2018 | C | 1,946,040 | — | A | 1,946,040 | D | |
| Common StockF4,F5,F6 | May 29, 2018 | P | 450,000 | $14.00 | A | 450,000 | 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 C Preferred StockF1,F3,F5,F6 | — | May 29, 2018 | C | 5,555,556 | D | — | — | Common Stock | 1,946,040 | 0 | D |
Explanation of responses
- F1Each share of Preferred Stock automatically converted into Common Stock, for no additional payment or consideration, on a 2.8548-for-1 basis at the closing of the Issuer's initial public offering on May 29, 2018.
- F2The shares reported as purchased on May 29, 2018 were purchased in the Issuer's initial public offering.
- F3These securities are directly held by Artal International S.C.A.
- F4These securities are directly held by Invus Public Equities, L.P.
- F5Mr. Pascal Minne is the sole member of the Board of Stichting Administratiekantoor Westend. Stichting Administratiekantoor Westend is the parent company of Westend S.A. Westend S.A. is the parent company of Artal Group S.A. Artal Group S.A. is the parent company of Artal International Management S.A., which is the managing partner of Artal International S.C.A. Artal International S.C.A. is the managing member of Invus Public Equities Advisors, LLC. Invus Public Equities Advisors, LLC is the general partner of Invus Public Equities, L.P.
- F6Each of the Reporting Persons (other than to the extent it directly holds securities reported herein) disclaims beneficial ownership of the securities held by the other Reporting Persons, except to the extent of such Reporting Person's pecuniary interest therein, and, pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), each of the Reporting Persons (other than to the extent it directly holds securities reported herein) states that the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or for any other purpose.