Home > Insider Trading > Filing (0000950170-23-032585)

Filing Details

Accession Number:: 0000950170-23-032585
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2023-07-11 21:13:24
Reporting Period:: 2023-07-07

Accepted Time:: 2023-07-11 21:13:24
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1851194	Ventyx Biosciences Inc.	VTYX	Pharmaceutical Preparations (2834)	832996852

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1889601	Nsv Partners Iii Gp Llc	500 West Putnam Avenue, Suite 400 Greenwich CT 06830		No	No	No	No
1890004	Nsv Partners Iii Lp	500 West Putnam Avenue, Suite 400 Greenwich CT 06830		No	No	No	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Disposition	2023-07-07	75,686	$34.99	9,577,279	No	4	S	Direct
Common Stock	Disposition	2023-07-07	20,718	$35.82	9,556,561	No	4	S	Direct
Common Stock	Disposition	2023-07-07	3,596	$36.93	9,552,965	No	4	S	Direct
Common Stock	Disposition	2023-07-07	1,030,341	$0.00	8,522,624	No	4	J	Indirect	See Footnotes

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	J	Indirect	See Footnotes

Footnotes

Represents the weighted average share price of an aggregate total of 75,686 shares sold in the price range of $34.52 to $35.515. The reporting owner undertakes to provide upon request by the Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
NSV Partners III, LP is the general partner of NSV 2018 New Horizons Fund, LP, NSV Investments I, LP, NSV 2018 Opportunities Fund, LP, NSV 2019 Opportunities Fund, LP, NSV Growth Opportunities Fund, LP, NSV Investments III, LP, and NSV Investments II, LP.
NSV Partners II, LLC is the general partner of New Science Ventures Fund III, LP, New Science Ventures Fund III (Offshore), LP, NSV 2016 Opportunities Fund, LP, NSV 2016 Opportunities Fund (Offshore), LP, NSV 2017 Opportunities Fund, LP, and NSV Master Limited Partnership II, LP.
Somasundaram Subramaniam is the majority member and managing member of NSV Partners III GP, LLC, and may be deemed to have voting and dispositive power over the shares owned by each entity of which NSV Partners III, LP is general partner. Mr. Subramaniam is the majority member and managing member NSV Partners II, LLC, and may be deemed to have voting and dispositive power over the shares owned by each entity of which NSV Partners II, LLC is general partner. Mr. Subramaniam is the majority member and managing member of NSV Management, LLC, and may be deemed to share voting and dispositive power over the shares held by Life & Tech, for which NSV Management, LLC is the investment advisor. Mr. Subramaniam disclaims beneficial ownership over the shares owned by each of the NSV Funds (as defined below), except to the extent of his pecuniary interest therein. Mr. Subramaniam is a director of the Issuer and files separate Section 16 reports.
Represents the weighted average share price of an aggregate total of 20,718 shares sold in the price range of $35.52 to $36.465. The reporting owner undertakes to provide upon request by the Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
Represents the weighted average share price of an aggregate total of 3,596 shares sold in the price range of $36.525 to $37.22. The reporting owner undertakes to provide upon request by the Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
Consists of: (i) 5,286,971 shares held by NSV Investments I, L.P., (ii) 1,037,831 shares held by NSV Investments III, L.P., (iii) 374,756 shares held by NSV Master Limited Partnership II, L.P., (iv) 248,532 shares held by NSV 2019 Opportunities Fund, L.P., (v) 212,001 shares held by NSV 2018 New Horizons Fund, L.P., (vi) 330,816 shares held by Life & Tech, (vii) 434,423 shares held by New Science Ventures, LLC, (viii) 867,609 shares held by NSV Partners III, L.P., (ix) 279,748 shares held by NSV Investments II, L.P., (x) 296,359 shares held by NSV Partners II, LLC, (xi) 53,466 shares held by NSV Growth Opportunities Fund, L.P., (xii) 38,240 shares held by New Science Ventures Fund III, L.P.,
(Continued from Footnote 7) (xiii) 33,610 shares held by NSV 2017 Opportunities Fund, L.P., (xiv) 23,436 shares held by NSV 2018 Opportunities Fund, L.P., (xv) 18,126 shares held by NSV 2016 Opportunities Fund, L.P., (xvi) 12,056 shares held by New Science Ventures Fund III (Offshore), L.P., and (xvii) 4,985 shares held by NSV 2016 Opportunities Fund (Offshore), L.P..
The NSV Distributing Funds (as defined below) distributed shares to their limited partners on a pro rata basis, for no consideration and Life & Tech transferred shares to its members, for no consideration.
The share distribution total consists of (i) 12,056 shares held by New Science Ventures Fund III (Offshore), L.P., (ii) 38,240 shares held by New Science Ventures Fund III, L.P., (iii) 4,985 shares held by NSV 2016 Opportunities Fund (Offshore), L.P., (iv) 18,126 shares held by NSV 2016 Opportunities Fund, L.P., (v) 33,610 shares held by NSV 2017 Opportunities Fund, L.P., (vi) 23,436 shares held by NSV 2018 Opportunities Fund, L.P., (vii) 40,370 shares held by NSV Growth Opportunities Fund, L.P., (viii) 264,729 shares held by NSV Master Limited Partnership II, LP, (ix) 128,883 shares held by NSV 2018 New Horizons Fund, L.P., (x) 154,535 shares held by NSV 2019 Opportunities Fund, L.P. (collectively, the "NSV Distributing Funds"),
(Continued from Footnote 10) and (xi) 330,816 shares held by Life & Tech. As a result of the distribution, none of New Science Ventures Fund III, L.P., New Science Ventures Fund III (Offshore), L.P., NSV 2016 Opportunities Fund, L.P., NSV 2016 Opportunities Fund (Offshore), L.P., NSV 2017 Opportunities Fund, L.P., NSV 2018 Opportunities Fund, L.P., or Life & Tech hold any shares of Common Stock.
The distributed shares in the previous footnote includes the distribution of 17,311 shares to NSV Partners III, LP, and 2,134 shares distributed to NSV Partners II LLC.
The shares beneficially owned by the Reporting Persons consist of: (i) 5,286,971 shares held by NSV Investments I, L.P., (ii) 1,037,831 shares held by NSV Investments III, L.P., (iii) 884,920 shares held by NSV Partners III, L.P., (iv) 434,423 shares held by New Science Ventures, LLC, (v) 298,493 shares held by NSV Partners II, LLC, (vi) 279,748 shares held by NSV Investments II, L.P., (vii) 110,027 shares held by NSV Master Limited Partnership II, L.P., (viii) 93,997 shares held by NSV 2019 Opportunities Fund, L.P., (ix) 83,118 shares held by NSV 2018 New Horizons Fund, L.P., and (x) 13,096 shares held by NSV Growth Opportunities Fund, L.P (collectively, the "NSV Funds"). The NSV Funds disclaim beneficial ownership over the shares owned by them, except to the extent of their pecuniary interest therein.