Alexander W. Casdin - 15 Jul 2021 Form 3 Insider Report for Erasca, Inc. (ERAS)

Role
Director
Signature
/s/ Ebun S. Garner, Attorney-in-Fact
Issuer symbol
ERAS
Transactions as of
15 Jul 2021
Net transactions value
$0
Form type
3
Filing time
15 Jul 2021, 21:31:26 UTC
Next filing
20 Jul 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding ERAS Common Stock 187,500 15 Jul 2021 Direct 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 ERAS Series A Preferred Stock 15 Jul 2021 Common Stock 150,000 $0.000000 Direct F2
holding ERAS Series A Preferred Stock 15 Jul 2021 Common Stock 750,000 $0.000000 By Reneo Capital SPV IV LP F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 84,637 shares subject to repurchase by us, which are subject to vesting.
F2 The shares of Series A Preferred Stock are convertible, at any time, at the holder's election, to shares of the issuer's common stock at a ratio of 1.2-for-1. In addition, effective immediately prior to the closing of the Issuer's initial public offering of its common stock, each share of Series A Preferred Stock will automatically convert to shares of the issuer's common stock at a ratio of 1.2-for-1. The Series A Preferred Stock has no expiration date.
F3 Alexander Casdin serves as the managing member of Reneo GP LLC, which is the general partner of Reneo Capital SPV IV LP (Reneo SPV). Mr. Casdin exercises voting and dispositive control over the securities held by Reneo SPV and is therefore deemed to be a beneficial owner of such securities. Mr. Casdin disclaims beneficial ownership of the reported securities held by Reneo SPV, except to the extent of his pecuniary interest therein.

Remarks:

Exhibit 24 - Power of Attorney