0001104659-22-006342.txt : 20220121 0001104659-22-006342.hdr.sgml : 20220121 20220121115253 ACCESSION NUMBER: 0001104659-22-006342 CONFORMED SUBMISSION TYPE: 3 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20220113 FILED AS OF DATE: 20220121 DATE AS OF CHANGE: 20220121 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: HPSO SPV Ltd CENTRAL INDEX KEY: 0001902646 STATE OF INCORPORATION: Y7 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 3 SEC ACT: 1934 Act SEC FILE NUMBER: 001-39362 FILM NUMBER: 22544824 BUSINESS ADDRESS: STREET 1: SARNIA HOUSE STREET 2: LE TRUCHOT CITY: ST PETER PORT STATE: Y7 ZIP: GY1 4NA BUSINESS PHONE: 44 7894 836 202 MAIL ADDRESS: STREET 1: SARNIA HOUSE STREET 2: LE TRUCHOT CITY: ST PETER PORT STATE: Y7 ZIP: GY1 4NA ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: GELESIS HOLDINGS, INC. CENTRAL INDEX KEY: 0001805087 STANDARD INDUSTRIAL CLASSIFICATION: PHARMACEUTICAL PREPARATIONS [2834] IRS NUMBER: 844730610 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 501 BOYLSTON STREET, SUITE 6102 CITY: BOSTON STATE: MA ZIP: 02116 BUSINESS PHONE: 857-327-7737 MAIL ADDRESS: STREET 1: 501 BOYLSTON STREET, SUITE 6102 CITY: BOSTON STATE: MA ZIP: 02116 FORMER COMPANY: FORMER CONFORMED NAME: CAPSTAR SPECIAL PURPOSE ACQUISITION CORP. DATE OF NAME CHANGE: 20200227 3 1 tm224028d1_3.xml OWNERSHIP DOCUMENT X0206 3 2022-01-13 0 0001805087 GELESIS HOLDINGS, INC. GLS 0001902646 HPSO SPV Ltd SARNIA HOUSE, LE TRUCHOT ST PETER PORT Y7 GY1 4NA GUERNSEY 0 0 1 0 Common Stock 12181993 D Right to Acquire Earnout Shares 2027-01-13 Common Stock 4001505 D The Reporting Person holds a right to acquire up to 4,001,505 shares of Common Stock (the "Earnout Shares"). The Earnout Shares shall vest and be released upon the satisfaction, at any time prior to January 13, 2027, of certain share price vesting conditions as follows: (i) if the volume-weighted average price ("VWAP") of the Common Stock equals or exceeds $12.50 per share for any 20 trading days within a 30-trading day period, one-third ( 1/3) of the Earnout Shares shall vest; (ii) if the VWAP of the Common Stock equals or exceeds $15.00 per share for any 20 trading days within a 30-trading day period, an additional one-third ( 1/3) of the Earnout Shares shall vest; and (iii) if the VWAP of the Common Stock equals or exceeds $17.50 per share for any 20 trading days within a 30-trading day period, the final one-third ( 1/3) of the Earnout Shares shall vest. /s/ David Piesing, Director of Manager, on behalf of HPSO SPV Limited 2022-01-21