Filing Details

Accession Number:
0001104659-19-037457
Form Type:
4
Zero Holdings:
No
Publication Time:
2019-06-25 18:04:37
Reporting Period:
2019-06-24
Accepted Time:
2019-06-25 18:04:37
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1744659 Akero Therapeutics Inc. AKRO () E9
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1593440 Apple Tree Partners Iv, L.p. C/O Akero Therapeutics, Inc.
170 Harbor Way, 3Rd Floor
South San Francisco CA 94080
No No Yes No
1593453 Atp Iii Gp, Ltd. C/O Akero Therapeutics, Inc.
170 Harbor Way, 3Rd Floor
South San Francisco CA 94080
No No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2019-06-24 4,228,764 $0.00 4,228,764 No 4 C Direct
Common Stock Acquisiton 2019-06-24 286,439 $0.00 4,515,203 No 4 C Direct
Common Stock Acquisiton 2019-06-24 900,000 $16.00 5,415,203 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 C Direct
No 4 C Direct
No 4 P Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Series A Preferred Stock Disposition 2019-06-24 13,000,000 $0.00 4,228,764 $0.00
Common Stock Series B Preferred Stock Disposition 2019-06-24 880,568 $0.00 286,439 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 No 4 C Direct
0 No 4 C Direct
Footnotes
  1. Represents the total number of shares of common stock received by Apple Tree Partners IV, L.P. ("ATP") upon the conversion of the Issuer's Series A Preferred Stock in connection with the closing of the Issuer's initial public offering.
  2. All series of preferred stock automatically converted into the Issuer's common stock on a 3.07418-for-one basis upon the closing of the Issuer's initial public offering on June 24, 2019 and had no expiration date.
  3. Represents the total number of shares of common stock received by ATP upon the conversion of the Issuer's Series B Preferred Stock in connection with the closing of the Issuer's initial public offering.
  4. These shares are owned directly by ATP. ATP III GP, Ltd.("ATP GP") is the sole general partner of ATP. Seth L. Harrison is a director on the Issuer's board of directors and is the sole director of ATP GP. ATP GP disclaims beneficial ownership of the shares listed, except to the extent of its pecuniary interest therein.
  5. On June 24, 2019, ATP purchased 900,000 shares of common stock of the Issuer at a price of $16.00 per share pursuant to an underwritten public offering.