Filing Details

Accession Number:
0000899243-19-023733
Form Type:
4
Zero Holdings:
No
Publication Time:
2019-09-17 16:05:20
Reporting Period:
2019-09-17
Accepted Time:
2019-09-17 16:05:20
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1692830 Satsuma Pharmaceuticals Inc. STSA () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1619841 M. Rajeev Shah C/O Ra Capital Management, Llc
200 Berkeley Street 18Th Floor
Boston MA 02116
Yes 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, $0.0001 Par Value Acquisiton 2019-09-17 1,642,879 $0.00 1,642,879 No 4 C Indirect See FN
Common Stock, $0.0001 Par Value Acquisiton 2019-09-17 1,139,635 $0.00 2,782,514 No 4 C Indirect See FN
Common Stock, $0.0001 Par Value Acquisiton 2019-09-17 365,530 $0.00 3,148,044 No 4 C Indirect See FN
Common Stock, $0.0001 Par Value Acquisiton 2019-09-17 200,481 $0.00 3,348,525 No 4 C Indirect See FN
Common Stock, $0.0001 Par Value Acquisiton 2019-09-17 1,140,946 $15.00 4,489,471 No 4 P Indirect See FN
Common Stock, $0.0001 Par Value Acquisiton 2019-09-17 192,387 $15.00 4,681,858 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 P Indirect See FN
No 4 P Indirect See FN
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Series A Preferred Stock Disposition 2019-09-17 1,642,879 $0.00 1,642,879 $0.00
Common Stock Series A Preferred Stock Disposition 2019-09-17 365,530 $0.00 365,530 $0.00
Common Stock Series B Preferred Stock Disposition 2019-09-17 1,139,635 $0.00 1,139,635 $0.00
Common Stock Series B Preferred Stock Disposition 2019-09-17 200,481 $0.00 200,481 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 No 4 C Indirect
0 No 4 C Indirect
0 No 4 C Indirect
0 No 4 C Indirect
Footnotes
  1. Reflects a 1-for-4.7 reverse stock split effective upon the effectiveness of the registration statement for the Issuer's initial public offering.
  2. Each share of Series A Preferred Stock and Series B Preferred Stock automatically converted into shares of Issuer's Common Stock, for no additional consideration, on a 1:1 basis at the consummation of Issuer's initial public offering.
  3. RA Capital Management, LLC (the "Advisor") is the general partner of RA Capital Healthcare Fund, L.P.("RA Capital Fund") and the investment advisor of an account owned by a separately managed account (the "Account"). Peter Kolchinsky is the sole manager of the Advisor, and Mr. Shah is a member of the Advisor. Mr. Shah has no pecuniary interest in the reported securities held by the Account and therefore disclaims beneficial ownership of those securities. Mr. Shah disclaims beneficial ownership of the reported securities held by RA Capital Fund except to the extent of his pecuniary interest therein.
  4. Represents shares held by RA Capital Fund.
  5. RA Capital Fund purchased an additional 1,140,946 shares of issuer's common stock in connection with the initial public offering at the offering price of $15.00 per share.
  6. Represents shares held by the Account.
  7. The Account purchased an additional 192,387 shares of issuer's common stock in connection with the initial public offering at the offering price of $15.00 per share.
  8. Includes (a) 3,923,460 shares of Common Stock that are held by RA Capital Fund and (b) 758,398 shares of Common Stock that are held in the Account.