13D Filing: Aisling Capital III LP and Loxo Oncology Inc. (LOXO)

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Page 9 of 13 – SEC Filing

CUSIP No. 548862101
SCHEDULE 13D
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Item 3.
Source and Amount of Funds or Other Consideration.
Item 3 is hereby amended and restated in its entirety as follows:
As of the date hereof, each of the Reporting Persons may be deemed to beneficially own 3,688,920 Shares, consisting of (i) 2,850,709 Shares issued upon the conversion of (x) 2,343,749 shares of Series A Convertible Preferred Stock of the Issuer and (y) 506,960 shares of Series B Convertible Preferred Stock of the Issuer at the closing of the Issuer’s initial public offering of Common Stock (“IPO”) on August 6, 2014, (ii) 188,707 Shares, which were acquired on July 3, 2013 and (iii) 649,504 Shares, which were acquired at various times following the IPO at various prices. The source of the purchase price for the Common Stock was capital contributions from the partners of Aisling. No borrowed funds were used in the purchase of the Common Stock.
Item 4.
Purpose of Transaction.
No material change.

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