Longitude Capital Partners II, LLC - Jul 14, 2021 Form 3 Insider Report for RAPID MICRO BIOSYSTEMS, INC. (RPID)

Role
10%+ Owner
Signature
Longitude Capital Partners II, LLC, By: /s/ Patrick Enright, managing member
Stock symbol
RPID
Transactions as of
Jul 14, 2021
Transactions value $
$0
Form type
3
Date filed
7/14/2021, 07:35 PM
Next filing
Jul 20, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding RPID Class A Common Stock 63.9K Jul 14, 2021 By Longitude Venture Partners II, L.P. F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding RPID Series A1 Preferred Stock Jul 14, 2021 Class A Common Stock 1.75M Held by Longitude Venture Partners II, L.P. F1, F2
holding RPID Series B1 Preferred Stock Jul 14, 2021 Class A Common Stock 1.13M Held by Longitude Venture Partners II, L.P. F1, F2
holding RPID Series C1 Preferred Stock Jul 14, 2021 Class A Common Stock 458K Held by Longitude Venture Partners II, L.P. F1, F2
holding RPID Common Warrant Jul 14, 2021 Class A Common Stock 5.56K $298.96 Held by Longitude Venture Partners II, L.P. F1, F3
holding RPID Series A1 Warrant Jul 14, 2021 Series A1 Preferred Stock 2.5M $0.01 By Longitude Venture Partners II, L.P. F1, F3
holding RPID Series B1 Warrant Jul 14, 2021 Series B1 Preferred Stock 645K $0.01 By Longitude Venture Partners II, L.P. F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The securities are held directly by Longitude Venture Partners II, L.P. ("LVP II"). Longitude Capital Partners II, LLC, ("LCP II"), the general partner of LVP II, may be deemed to have voting and investment power with respect to the shares held by LVP II. Patrick G. Enright and Juliet Tammenoms Bakker are the managing members of LCP II and may be deemed to share voting and investment power over the shares held by LVP II. Each of LCP II, Mr. Enright and Ms. Tammenoms Bakker disclaim beneficial ownership of such securities and this report shall not be deemed an admission that any one of them is the beneficial owner of such securities for purposes of Section 16 or for any other purpose, except to the extent of their respective pecuniary interest therein.
F2 The Series A1 Preferred Stock, Series B1 Preferred Stock and Series C1 Preferred Stock (collectively, the "Preferred Stock") are convertible at any time, at the holder's election and have no expiration date. Each share of Preferred Stock shall be automatically converted into 0.20 shares of the Issuer's Class A Common Stock upon the closing of the Issuer's initial public offering.
F3 Immediately exercisable.