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Filing Details

Accession Number:: 0001209191-14-023550
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2014-03-27 18:36:25
Reporting Period:: 2014-03-26

Filing Date:: 2014-03-27
Accepted Time:: 2014-03-27 18:36:25
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1513818	Versartis Inc.	VSAR	Pharmaceutical Preparations (2834)	244106690

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1377952	Y Anthony Sun	C/O Aisling Capital 888 Seventh Ave., 30Th Floor New York NY 10106		Yes	No	Yes	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2014-03-26	35,104	$0.00	35,104	No	4	C	Indirect	See FN
Common Stock	Acquisiton	2014-03-26	1,236,715	$0.00	1,271,819	No	4	C	Indirect	See FN
Common Stock	Acquisiton	2014-03-26	128,695	$0.00	1,400,514	No	4	C	Indirect	See FN
Common Stock	Acquisiton	2014-03-26	56,939	$0.00	1,457,453	No	4	C	Indirect	See FN
Common Stock	Acquisiton	2014-03-26	477,115	$0.00	1,934,568	No	4	C	Indirect	See FN
Common Stock	Acquisiton	2014-03-26	60,000	$21.00	1,994,568	No	4	P	Indirect	See FN

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	C	Indirect	See FN
No	4	C	Indirect	See FN
No	4	C	Indirect	See FN
No	4	C	Indirect	See FN
No	4	C	Indirect	See FN
No	4	P	Indirect	See FN

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Series B Convertible Preferred Stock	Disposition	2014-03-26	403,704	$0.00	35,104	$0.00
Common Stock	Series C Convertible Preferred Stock	Disposition	2014-03-26	14,222,222	$0.00	1,236,715	$0.00
Common Stock	Series D-1 Convertible Preferred Stock	Disposition	2014-03-26	1,479,993	$0.00	128,695	$0.00
Common Stock	Series D-2 Convertible Preferred Stock	Disposition	2014-03-26	654,796	$0.00	56,939	$0.00
Common Stock	Series E Convertible Preferred Stock	Disposition	2014-03-26	5,486,820	$0.00	477,115	$0.00

Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
No	4	C	Indirect
No	4	C	Indirect
No	4	C	Indirect
No	4	C	Indirect
No	4	C	Indirect

Footnotes

In connection with the completion of the Issuer's initial public offering of common Stock, each share of Series B Convertible Preferred Stock, Series C Convertible Preferred Stock, Series D-1 Convertible Preferred Stock, Series D-2 Convertible Preferred Stock and Series E Convertible Preferred Stock automatically converted into Common Stock on a 1-for 11.5 basis.
The reportable securities are owned directly by Aisling Capital III, LP ("Aisling"), and held indirectly by Aisling Capital Partners III, LP ("Aisling GP"), as general partner of Aisling, Aisling Capital Partners III LLC ("Aisling Partners"), as general partner of Aisling GP, and each of the individual managing members of Aisling Partners. Mr. Sun is a member of the investment committee of Aisling. Mr. Sun disclaims beneficial ownership of these securities and this report is not an admission that he is the beneficial owner of such securities for purposes of Section 16 or for any other purpose, except to the extent of his pecuniary interest.
The securities do not have an expiration date. Each share of Series B, Series C, Series D-1, Series D-2 and Series E Convertible Preferred Stock converted automatically into shares of Common Stock in connection with the closing of the Issuer's initial public offering on March 26, 2014. Prior to its conversion into the Issuer's Common Stock, the Series B, Series C, Series D-1, Series D-2 and Series E Convertible Preferred Stock was convertible at any time at the option of the holder.