0001104659-22-109453.txt : 20221017
0001104659-22-109453.hdr.sgml : 20221017
20221017214634
ACCESSION NUMBER: 0001104659-22-109453
CONFORMED SUBMISSION TYPE: 3
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20221013
FILED AS OF DATE: 20221017
DATE AS OF CHANGE: 20221017
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Redmile Group, LLC
CENTRAL INDEX KEY: 0001425738
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 3
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-41535
FILM NUMBER: 221314792
BUSINESS ADDRESS:
STREET 1: ONE LETTERMAN DRIVE
STREET 2: BUILDING D, SUITE D3-300
CITY: SAN FRANCISCO
STATE: CA
ZIP: 94129
BUSINESS PHONE: 415-489-9980
MAIL ADDRESS:
STREET 1: ONE LETTERMAN DRIVE
STREET 2: BUILDING D, SUITE D3-300
CITY: SAN FRANCISCO
STATE: CA
ZIP: 94129
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Green Jeremy
CENTRAL INDEX KEY: 0001650527
FILING VALUES:
FORM TYPE: 3
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-41535
FILM NUMBER: 221314791
MAIL ADDRESS:
STREET 1: 45 W. 27TH STREET, FLOOR 11
CITY: NEW YORK
STATE: NY
ZIP: 10001
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Zymeworks Inc.
CENTRAL INDEX KEY: 0001937653
STANDARD INDUSTRIAL CLASSIFICATION: PHARMACEUTICAL PREPARATIONS [2834]
IRS NUMBER: 000000000
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 108 PATRIOT DRIVE, SUITE A
CITY: MIDDLETOWN
STATE: DE
ZIP: 19709
BUSINESS PHONE: 206-337-1030
MAIL ADDRESS:
STREET 1: 108 PATRIOT DRIVE, SUITE A
CITY: MIDDLETOWN
STATE: DE
ZIP: 19709
FORMER COMPANY:
FORMER CONFORMED NAME: Zymeworks Delaware Inc.
DATE OF NAME CHANGE: 20220712
3
1
tm2228333-1_3seq1.xml
OWNERSHIP DOCUMENT
X0206
3
2022-10-13
0
0001937653
Zymeworks Inc.
ZYME
0001425738
Redmile Group, LLC
ONE LETTERMAN DRIVE, BUILDING D
SUITE D3-300
SAN FRANCISCO
CA
94129
0
0
1
0
0001650527
Green Jeremy
C/O REDMILE GROUP, LLC (NY OFFICE)
45 W. 27TH STREET, FLOOR 11
NEW YORK
NY
10001
0
0
1
0
Common Stock, par value $0.00001 per share
6045437
I
See Footnote
Cash-settled Swaps
5.4935
Common Stock
25870
I
See Footnote
Cash-settled Swaps
5.7147
Common Stock
47044
I
See Footnote
Cash-settled Swaps
5.7358
Common Stock
101805
I
See Footnote
Cash-settled Swaps
6.0108
Common Stock
87677
I
See Footnote
Cash-settled Swaps
6.3414
Common Stock
50000
I
See Footnote
Cash-settled Swaps
5.9358
Common Stock
91272
I
See Footnote
Cash-settled Swaps
5.6915
Common Stock
79517
I
See Footnote
Cash-settled Swaps
5.9273
Common Stock
50000
I
See Footnote
Cash-settled Swaps
5.9303
Common Stock
100000
I
See Footnote
Cash-settled Swaps
5.9181
Common Stock
40621
I
See Footnote
Cash-settled Swaps
5.9448
Common Stock
90000
I
See Footnote
Cash-settled Swaps
6.1901
Common Stock
27861
I
See Footnote
Cash-settled Swaps
6.3455
Common Stock
50000
I
See Footnote
Cash-settled Swaps
6.4215
Common Stock
46137
I
See Footnote
Cash-settled Swaps
5.9431
Common Stock
100000
I
See Footnote
Cash-settled Swaps
5.4786
Common Stock
161481
I
See Footnote
Cash-settled Swaps
5.6803
Common Stock
35000
I
See Footnote
Cash-settled Swaps
5.7739
Common Stock
40122
I
See Footnote
Cash-settled Swaps
5.8478
Common Stock
61886
I
See Footnote
Cash-settled Swaps
5.8166
Common Stock
132127
I
See Footnote
Cash-settled Swaps
5.887
Common Stock
42776
I
See Footnote
Cash-settled Swaps
6.1178
Common Stock
25000
I
See Footnote
Cash-settled Swaps
6.3885
Common Stock
33615
I
See Footnote
Cash-settled Swaps
6.205
Common Stock
5948
I
See Footnote
Cash-settled Swaps
7.0019
Common Stock
135000
I
See Footnote
Cash-settled Swaps
6.7112
Common Stock
69365
I
See Footnote
Cash-settled Swaps
6.872
Common Stock
42184
I
See Footnote
Cash-settled Swaps
7.1066
Common Stock
103329
I
See Footnote
Cash-settled Swaps
7.3334
Common Stock
50000
I
See Footnote
Cash-settled Swaps
7.2721
Common Stock
31154
I
See Footnote
On October 13, 2022, Zymeworks BC Inc. (formerly known as Zymeworks Inc.), a corporation existing under the laws of the Province of British Columbia ("Legacy Zymeworks"), completed a series of transactions, including a corporate re-domicile (the "Transactions"), pursuant to which Zymeworks Inc. (formerly known as Zymeworks Delaware, Inc.), a Delaware corporation (the "Issuer"), ultimately became the parent company of and successor to Legacy Zymeworks. As part of the Transactions, holders of the common shares of Legacy Zymeworks, including the Redmile Clients (as defined below), received shares of the Issuer's common stock, par value $0.00001 per share (the "Common Stock"), on a one-for-one basis.
These securities are directly owned by certain private investment vehicles and separate accounts managed by Redmile Group, LLC ("Redmile") and may be deemed beneficially owned by Redmile as investment manager of such private investment vehicles and separate accounts (the "Redmile Clients"). The reported securities may also be deemed beneficially owned by Jeremy Green as the principal of Redmile. Redmile and Mr. Green (the "Reporting Persons") disclaim beneficial ownership of the reported securities except to the extent of their pecuniary interest therein, and this report shall not be deemed an admission that such Reporting Persons are the beneficial owners of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
Certain Redmile Clients are parties to swap agreements with counterparties that provide those Redmile Clients with economic exposure to an aggregate 3,427,167 notional shares. Each notional share subject to each swap agreement represents the economic equivalent of one share of the Issuer's common stock. These agreements do not give the Reporting Persons direct or indirect voting, investment or dispositive control over any securities of the Issuer and do not require the counterparties thereto to acquire, hold, vote or dispose of any securities of the Issuer. Accordingly, the Reporting Persons disclaim any beneficial ownership in securities that may be referenced in such swap agreements or that may be held from time to time by any counterparties to the agreements.
The Reporting Persons have the right to terminate and close out each swap at any time.
Upon settlement of the various swap agreements, either (i) the counterparty will pay to the Redmile Clients in cash an amount determined in part by reference to any increase between the reference price and the market value of the notional number of shares of Common Stock subject to the swap agreement or (ii) the Redmile Clients will pay to the counterparty in cash an amount determined in part by reference to any decrease between the reference price and the market value of the notional number of shares of Common Stock subject to the swap agreement.
Represents the reference price associated with the swap agreements.
Filing 2 of 2 - Additional cash-settled swaps beneficially owned by the Reporting Persons are reported in a separate Form 3 dated the same date hereof.
By: /s/ Jeremy Green, Managing Member of Redmile Group, LLC
2022-10-17
/s/ Jeremy Green
2022-10-17