Filing Details

Accession Number:
0000899243-17-025510
Form Type:
4
Zero Holdings:
No
Publication Time:
2017-11-07 16:08:53
Reporting Period:
2017-11-06
Accepted Time:
2017-11-07 16:08:53
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1701108 Spero Therapeutics Inc. SPRO () MA
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1030575 Francois Jean Formela C/O Spero Therapeutics, Inc.
675 Massachusetts Avenue, 14Th Floor
Cambridge MA 02139
Yes 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 Acquisiton 2017-11-06 245,605 $0.00 288,386 No 4 C Indirect See Footnote
Common Stock Acquisiton 2017-11-06 246,272 $0.00 534,658 No 4 C Indirect See Footnote
Common Stock Acquisiton 2017-11-06 328,992 $0.00 863,650 No 4 C Indirect See Footnote
Common Stock Acquisiton 2017-11-06 513,318 $0.00 1,376,968 No 4 C Indirect See Footnote
Common Stock Acquisiton 2017-11-06 602,589 $0.00 1,979,557 No 4 C Indirect See Footnote
Common Stock Acquisiton 2017-11-06 428,571 $14.00 2,408,128 No 4 P Indirect See Footnote
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 C Indirect See Footnote
No 4 C Indirect See Footnote
No 4 C Indirect See Footnote
No 4 C Indirect See Footnote
No 4 C Indirect See Footnote
No 4 P Indirect See Footnote
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Junior Preferred Stock Disposition 2017-11-06 1,492,645 $0.00 245,605 $0.00
Common Stock Series A Preferred Stock Disposition 2017-11-06 982,906 $0.00 246,272 $0.00
Common Stock Series B Preferred Stock Disposition 2017-11-06 1,250,000 $0.00 328,992 $0.00
Common Stock Series C Preferred Stock Disposition 2017-11-06 3,119,633 $0.00 513,318 $0.00
Common Stock Series C Preferred Stock Disposition 2017-11-06 3,662,178 $0.00 602,589 $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. Reflects shares of the Issuer's common stock that were purchased in connection with the Issuer's initial public offering.
  2. Amount of underlying securities reflects the application of the applicable conversion ratio as set forth in the Issuer's Amended and Restated Certificate of Incorporation in effect immediately prior to the closing of the initial public offering (as adjusted by the 1-for-6.0774 reverse stock split of the Issuer's common stock effected on October 20, 2017). Each series of preferred stock was automatically converted upon the closing of the Issuer's initial public offering without payment of further consideration and had no expiration date.
  3. Shares held by Atlas Venture Fund IX, L.P. ("Atlas Venture Fund IX"). The general partner of Atlas Venture Fund IX is Atlas Venture Associates IX, L.P. ("AVA IX LP"). Atlas Venture Associates IX, LLC ("AVA IX LLC") is the general partner of AVA IX LP. Dr. Formela is a member of AVA IX LLC and disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein, if any.
  4. Shares held by Atlas Venture Fund X, L.P. ("Atlas Venture Fund X"). The general partner of Atlas Venture Fund X is Atlas Venture Associates X, L.P. ("AVA X LP"). Atlas Venture Associates X, LLC ("AVA X LLC") is the general partner of AVA X LP. Dr. Formela is a member of AVA X LLC and disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein, if any.