Gv 2017 Gp, L.L.C. - Oct 31, 2022 Form 4 Insider Report for Verve Therapeutics, Inc. (VERV)

Signature
/s/ Inga Goldbard, General Counsel of GV 2017 GP, L.L.C.
Stock symbol
VERV
Transactions as of
Oct 31, 2022
Transactions value $
-$6,501,031
Form type
4
Date filed
11/2/2022, 04:25 PM
Previous filing
May 6, 2022
Next filing
Nov 4, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VERV Common Stock Other $0 -53.7K -0.85% $0.00 6.27M Oct 31, 2022 By GV 2017 L.P. F1, F2
transaction VERV Common Stock Sale -$900K -23.7K -44.2% $37.91 30K Oct 31, 2022 By Alphabet Holdings LLC F3, F4, F5
transaction VERV Common Stock Sale -$906K -23.3K -77.68% $38.94 6.69K Oct 31, 2022 By Alphabet Holdings LLC F3, F5, F6
transaction VERV Common Stock Sale -$265K -6.6K -98.68% $40.16 88 Oct 31, 2022 By Alphabet Holdings LLC F3, F5, F7
transaction VERV Common Stock Sale -$3.58K -88 -100% $40.64 0 Oct 31, 2022 By Alphabet Holdings LLC F3, F5, F8
transaction VERV Common Stock Sale -$900K -23.7K -0.53% $37.91 4.45M Oct 31, 2022 By GV 2019 L.P. F3, F4, F9
transaction VERV Common Stock Sale -$906K -23.3K -0.52% $38.94 4.43M Oct 31, 2022 By GV 2019 L.P. F3, F6, F9
transaction VERV Common Stock Sale -$265K -6.6K -0.15% $40.16 4.42M Oct 31, 2022 By GV 2019 L.P. F3, F7, F9
transaction VERV Common Stock Sale -$3.58K -88 0% $40.64 4.42M Oct 31, 2022 By GV 2019 L.P. F3, F8, F9
transaction VERV Common Stock Other $0 -32K -0.51% $0.00 6.24M Nov 1, 2022 By GV 2017 L.P. F1, F2
transaction VERV Common Stock Sale -$1.08M -29.3K -91.75% $36.69 2.64K Nov 1, 2022 By Alphabet Holdings LLC F3, F5, F10
transaction VERV Common Stock Sale -$89.9K -2.38K -90.14% $37.82 260 Nov 1, 2022 By Alphabet Holdings LLC F3, F5, F11
transaction VERV Common Stock Sale -$10K -260 -100% $38.64 0 Nov 1, 2022 By Alphabet Holdings LLC F3, F5, F12
transaction VERV Common Stock Sale -$1.08M -29.3K -0.66% $36.69 4.39M Nov 1, 2022 By GV 2019 L.P. F3, F9, F10
transaction VERV Common Stock Sale -$89.9K -2.38K -0.05% $37.82 4.39M Nov 1, 2022 By GV 2019 L.P. F3, F9, F11
transaction VERV Common Stock Sale -$10K -260 -0.01% $38.64 4.39M Nov 1, 2022 By GV 2019 L.P. F3, F9, F12
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported transaction represents a pro rata in-kind distribution, for no consideration, by GV 2017, L.P. (the "2017 Partnership") to its partners, which resulted in all of the securities reported in Column 4 of this row being distributed to the direct ownership of the 2017 Partnership's affiliate, Alphabet Holdings LLC ("Alphabet Holdings"). The aforementioned distribution was made in accordance with the exemptions afforded pursuant to Rules 16a-13 and/or 16a-9 promulgated under the Securities Exchange Act of 1934, as amended.
F2 The securities reported in this row are directly held by the 2017 Partnership. The general partner of the 2017 Partnership is GV 2017 GP, L.P. (the "2017 GP"). The general partner of the 2017 GP is GV 2017 GP, L.L.C. ("GV 2017 LLC"). The sole managing member of GV 2017 LLC is Alphabet Holdings. The sole managing member of Alphabet Holdings is XXVI Holdings Inc. ("XXVI"). The sole controlling stockholder of XXVI is Alphabet Inc. Each of the 2017 GP, GV 2017 LLC, Alphabet Holdings, XXVI, and Alphabet Inc. may be deemed to have voting and investment discretion over the securities directly beneficially owned by the 2017 Partnership. Each of the aforementioned parties disclaims beneficial ownership of such securities except to the extent of its pecuniary interest therein.
F3 This transaction was entered into pursuant to a Rule 10b5-1 plan previously adopted by the reporting person.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $37.61 to $38.60, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote 4 and in footnotes 6 through 8 and 10 through 12 of this Form 4.
F5 The securities reported in this row were directly held by Alphabet Holdings at the time of sale. As noted in footnote 2 above, XXVI is the sole member of Alphabet Holdings and Alphabet Inc. is the sole controlling stockholder of XXVI. Each of XXVI and Alphabet may be deemed to have voting and investment discretion over securities directly beneficially owned by Alphabet Holdings. Each of the aforementioned entities disclaims beneficial ownership of such securities except to the extent of its pecuniary interest therein.
F6 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $38.61 to $39.5858, inclusive.
F7 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $39.6198 to $40.42, inclusive.
F8 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $40.61 to $40.69, inclusive.
F9 The securities reported in this row are directly held by GV 2019, L.P. (the "2019 Partnership"). The general partner of the 2019 Partnership is GV 2019 GP, L.P. (the "2019 GP"). The general partner of the 2019 GP is GV 2019 GP, L.L.C. ("GV 2019 LLC"). The sole managing member of GV 2019 LLC is Alphabet Holdings. The sole managing member of Alphabet Holdings is XXVI. The sole controlling stockholder of XXVI is Alphabet Inc. Each of the 2019 GP, GV 2019 LLC, Alphabet Holdings, XXVI, and Alphabet Inc. may be deemed to have voting and investment discretion over the securities directly beneficially owned by the 2019 Partnership. Each of the aforementioned parties disclaims beneficial ownership of such securities except to the extent of its pecuniary interest therein.
F10 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $36.34 to $37.33, inclusive.
F11 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $37.35 to $38.30, inclusive.
F12 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $38.59 to $38.65, inclusive.