Filing Details

Accession Number:
0001628280-22-027124
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-10-26 20:01:15
Reporting Period:
2022-10-24
Accepted Time:
2022-10-26 20:01:15
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1894562 Prime Medicine Inc. PRME () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1219042 Robert Nelsen
8755 West Higgins Road, Suite 1025
Chicago IL 60631
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 Acquisiton 2022-10-24 5,728,297 $0.00 5,728,297 No 4 C Indirect By ARCH Venture Fund X, L.P.
Common Stock Acquisiton 2022-10-24 5,728,297 $0.00 5,728,297 No 4 C Indirect By ARCH Venture Fund X Overage, L.P.
Common Stock Acquisiton 2022-10-24 400,000 $17.00 6,128,297 No 4 P Indirect By ARCH Venture Fund X, L.P.
Common Stock Acquisiton 2022-10-24 400,000 $17.00 6,128,297 No 4 P Indirect By ARCH Venture Fund X Overage, L.P.
Common Stock Acquisiton 2022-10-24 16,080 $0.00 16,080 No 4 C Indirect See footnote
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 C Indirect By ARCH Venture Fund X, L.P.
No 4 C Indirect By ARCH Venture Fund X Overage, L.P.
No 4 P Indirect By ARCH Venture Fund X, L.P.
No 4 P Indirect By ARCH Venture Fund X Overage, L.P.
No 4 C Indirect See footnote
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Series A Convertible Preferred Stock Disposition 2022-10-24 16,666,667 $0.00 5,361,122 $0.00
Common Stock Series A Convertible Preferred Stock Disposition 2022-10-24 16,666,664 $0.00 5,361,122 $0.00
Common Stock Series B Convertible Preferred Stock Disposition 2022-10-24 1,141,474 $0.00 367,175 $0.00
Common Stock Series B Convertible Preferred Stock Disposition 2022-10-24 1,141,474 $0.00 367,175 $0.00
Common Stock Series A Convertible Preferred Stock Disposition 2022-10-24 49,999 $0.00 16,080 $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
0 No 4 C Indirect
Footnotes
  1. The shares of Series A Convertible Preferred Stock and Series B Convertible Preferred Stock (together, the "Preferred Stock") were convertible into Common Stock on a one-for-3.10880 basis at any time at the option of the holder, and automatically converted into the number of shares shown in Column 7 immediately prior to the closing of the Issuer's initial public offering on October 24, 2022. The Preferred Stock had no expiration date.
  2. Represents shares held directly by ARCH Venture Fund X, L.P. ("ARCH X"). ARCH Venture Partners X, L.P. ("AVP X LP") is the sole general partner of ARCH X.
  3. ARCH Venture Partners X, LLC ("AVP X LLC") is the sole general partner of each of AVP X LP and AVP X Overage LP. The Reporting Person is a member of the investment committee of AVP X LLC, and may be deemed to share the power to direct the disposition and vote of the shares held by ARCH X and ARCH X Overage. The Reporting Person disclaims beneficial ownership except to the extent of any pecuniary interest therein, and this report shall not be deemed an admission that such shares are beneficially owned by him for Section 16 or any other purpose.
  4. Represents shares held directly by ARCH Venture Fund X Overage, L.P. ("ARCH X Overage"). ARCH Venture Partners X Overage, L.P. ("AVP X Overage LP") is the sole general partner of ARCH X Overage.
  5. Reflects shares purchased by ARCH X in the Issuer's initial public offering.
  6. Reflects shares purchased by ARCH X Overage in the Issuer's initial public offering.
  7. Shares held by a trust for the benefit of family members of the Reporting Person.