Filing Details

Accession Number:
0001415889-24-023401
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-09-13 18:56:11
Reporting Period:
2024-09-11
Accepted Time:
2024-09-13 18:56:11
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1516551 Skye Bioscience Inc. SKYE Pharmaceutical Preparations (2834) 450692882
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1598549 J. Andrew Schwab C/O 5Am Venture Management, Llc
4 Embarcadero Center, Suite 3110
San Francisco CA 94111
No No No 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 Disposition 2024-09-11 214,556 $6.60 8,178,964 No 4 S Indirect By 5AM Ventures VII, L.P.
Common Stock Disposition 2024-09-11 36,504 $6.60 1,681,685 No 4 S Indirect By 5AM Ventures II, L.P.
Common Stock Disposition 2024-09-11 1,440 $6.60 66,356 No 4 S Indirect By 5AM Co-Investors II, L.P.
Common Stock Disposition 2024-09-13 11,758 $6.06 8,167,206 No 4 S Indirect By 5AM Ventures VII, L.P.
Common Stock Disposition 2024-09-13 2,000 $6.06 1,679,685 No 4 S Indirect By 5AM Ventures II, L.P.
Common Stock Disposition 2024-09-13 79 $6.06 66,277 No 4 S Indirect By 5AM Co-Investors II, L.P.
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect By 5AM Ventures VII, L.P.
No 4 S Indirect By 5AM Ventures II, L.P.
No 4 S Indirect By 5AM Co-Investors II, L.P.
No 4 S Indirect By 5AM Ventures VII, L.P.
No 4 S Indirect By 5AM Ventures II, L.P.
No 4 S Indirect By 5AM Co-Investors II, L.P.
Footnotes
  1. The securities are directly held by 5AM Ventures VII, L.P. ("Ventures VII"). 5AM Partners VII, LLC ("Partners VII") is the sole general partner of Ventures VII. The Reporting Person is a managing member of Partners VII and may be deemed to have shared voting and investment power over the shares beneficially owned by Ventures VII. The Reporting Person disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.
  2. The securities are directly held by 5AM Ventures II, L.P. ("Ventures II"). 5AM Partners II, LLC ("Partners II") is the sole general partner of Ventures II. The Reporting Person is a managing member of Partners II and may be deemed to have shared voting and investment power over the shares beneficially owned by Ventures II. The Reporting Person disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.
  3. The securities are directly held by 5AM Co-Investors II, L.P. ("Co-Investors II"). Partners II is the sole general partner of Co-Investors II. The Reporting Person is a managing member of Partners II and may be deemed to have shared voting and investment power over the shares beneficially owned by Co-Investors II. The Reporting Person disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.
  4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.05 to $6.11 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.