H. Westphal - 15 Jul 2021 Form 3 Insider Report for TScan Therapeutics, Inc. (TCRX)

Role
Director, 10%+ Owner
Signature
/s/ Christoph Westphal
Issuer symbol
TCRX
Transactions as of
15 Jul 2021
Transactions value $
$0
Form type
3
Filing time
15 Jul 2021, 18:19:13 UTC
Next filing
22 Jul 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding TCRX Voting Common Stock 915K 15 Jul 2021 Direct
holding TCRX Voting Common Stock 122K 15 Jul 2021 See footnote F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding TCRX Series A Preferred Stock 15 Jul 2021 Voting Common Stock 642K See footnote F2, F3
holding TCRX Series B Preferred Stock 15 Jul 2021 Voting Common Stock 333K See footnote F2, F3
holding TCRX Series C Preferred Stock 15 Jul 2021 Voting Common Stock 171K See footnote F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares are held by the Reporting Person's spouse.
F2 Each share of the Issuer's Series A Preferred Stock, Series B Preferred Stock and Series C Preferred Stock is convertible into shares of the Issuer's Voting Common Stock on a 1 for 1 basis at the holder's election and will automatically convert immediately prior to the closing of the Issuer's initial public offering. These shares have no expiration date.
F3 These shares are held by Longwood Fund IV, L.P. ("Longwood"). The general partner of Longwood is Longwood Fund IV GP, LLC ("Longwood GP"). Longwood GP may be deemed to have sole voting and dispositive power over the shares held by Longwood. Each of Richard Aldrich and Christoph Westphal, M.D., Ph.D. (collectively, the "Managers") are managers of Longwood GP and may be deemed to share voting and dispositive power over of the shares held by Longwood. Each of Longwood GP and the Managers disclaim beneficial ownership of these shares and this report shall not be deemed an admission that any one of them is the beneficial owner of such shares for purposes of Section 16 or for any other purpose, except to the extent of their respective pecuniary interests therein.