Bolt Biotherapeutics’ Gujrathi gets 72,766 common shares
The merger terms provided 1.6413 BOLT common shares or common-stock equivalents per Prana common share; no cash purchase price was paid for Series D Preferred.
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Form Type
4
Rhea-AI Filing Summary
Sheila Gujrathi, Bolt Biotherapeutics' Chief Strategy Officer and a director, reported direct receipt of 72,766 common shares and 2,763.833 Series D Preferred shares when her Prana Therapies shares converted at the merger closing on October 23, 2026. SilverArc Private Fund I, L.P.'s Prana holdings converted into 13,055 common shares and 495.874 Series D Preferred shares; Gujrathi disclaims beneficial ownership of the fund's securities except to the extent of any pecuniary interest. Each Series D Preferred share is convertible into 1,000 common shares, subject to conditions including requisite stockholder approval.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
GUJRATHI SHEILA
Role
Chief Strategy Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Series D Preferred Stock F4, F1, F2 | 2,763.833 | -- | -- |
| Other | Series D Preferred Stock F4, F1, F2, F3 | 495.874 | -- | -- |
| Grant/Award | Common Stock F1, F2 | 72,766 | $0.00 | $0.00 |
| Grant/Award | Common Stock F1, F2, F3 | 13,055 | $0.00 | $0.00 |
Holdings After Transaction:
Series D Preferred Stock — 2,763.833 contracts (Direct);
Series D Preferred Stock — 495.874 contracts (Indirect, By SilverArc Private Fund I, L.P.);
Common Stock — 72,766 shares (Direct);
Common Stock — 13,055 shares (Indirect, By SilverArc Private Fund I, L.P.)
Footnotes (4)
- F1. Received in exchange for shares of common stock of Prana Therapies, Inc. ("Prana") pursuant to the Agreement and Plan of Merger dated October 23, 2026 (the "Merger Agreement") by and among the Issuer, Prana, Prince Merger Sub I, Inc., a Delaware corporation and a wholly owned subsidiary of the Issuer ("Merger Sub I"), Prince Merger Sub II, LLC, a Delaware limited liability company and wholly owned subsidiary of the Issuer ("Merger Sub II"). Each outstanding share of Prana common stock was converted into the right to receive 1.6413 shares of the Issuer's common stock or common-stock equivalents, consisting of Issuer's common stock and Series D Convertible Preferred Stock ("Series D Preferred") convertible at a rate of 1,000 shares of Issuer's common stock per share of Series D Preferred. No cash purchase price was paid for the Series D Preferred received as merger consideration.
- F2. Upon closing of the merger on October 23, 2026, Prana shares held directly by the Reporting Person converted into 72,766 shares of Issuer's common stock and 2,763.833 shares of Series D Preferred. Prana shares held by SilverArc Private Fund I, L.P. converted into 13,055 shares of Issuer's common stock and 495.874 shares of Series D Preferred. The 495.874 shares of Series D Preferred constitute merger consideration
- F3. The Reporting Person is Co-Portfolio Manager and has membership interest in SilverArc Private Capital I, LLC (Ultimate General Partner), SilverArc Private Capital I, LP (General Partner), and SilverArc Private Capital Management I, LP (Management Company) for SilverArc Private Fund I, L.P. The Reporting Person may not be deemed to have voting or investment power over the shares held of record by SilverArc Private Fund I, LP. The Reporting Person disclaims beneficial ownership of the Non-Derivative and Derivative securities held of record by SilverArc Private Fund I, L.P., except to the extent of any pecuniary interest therein.
- F4. Each share of Series D Preferred is convertible into 1,000 shares of the Issuer's common stock, subject to the conditions set forth in the Certificate of Designation, including receipt of the requisite stockholder approval. The Series D Preferred has no expiration date.
Key Figures
Direct common shares received: 72,766 shares
Direct Series D Preferred shares received: 2,763.833 shares
Common shares underlying direct Series D Preferred: 2,763,833 shares
+4 more
7 metrics
Direct common shares received
72,766 shares
Merger consideration on October 23, 2026
Direct Series D Preferred shares received
2,763.833 shares
Merger consideration on October 23, 2026
Common shares underlying direct Series D Preferred
2,763,833 shares
Convertible at 1,000 common shares per Series D Preferred share, subject to stated conditions
SilverArc Private Fund I, L.P. common shares received
13,055 shares
Merger consideration on October 23, 2026
SilverArc Private Fund I, L.P. Series D Preferred shares received
495.874 shares
Merger consideration on October 23, 2026
Common shares underlying SilverArc Private Fund I, L.P. Series D Preferred
495,874 shares
Convertible at 1,000 common shares per Series D Preferred share, subject to stated conditions
Merger exchange ratio
1.6413 BOLT common shares or common-stock equivalents per Prana common share
Merger consideration
Key Terms
Series D Preferred, common-stock equivalents, Certificate of Designation, pecuniary interest, +1 more
5 terms
Series D Preferred financial
"convertible at a rate of 1,000 shares of the Issuer's common stock per share of Series D Preferred"
common-stock equivalents financial
"Issuer's common stock or common-stock equivalents"
Certificate of Designation technical
"conditions set forth in the Certificate of Designation"
A certificate of designation is a formal document that spells out the specific rights and rules attached to a particular class or series of stock, usually preferred shares. Think of it as a rulebook or menu that lists dividend terms, liquidation priority, conversion or redemption rights and any special voting protections; investors use it to judge how much income, control or downside protection those shares will provide compared with other securities.
pecuniary interest financial
"except to the extent of any pecuniary interest therein"
Agreement and Plan of Merger technical
"Agreement and Plan of Merger dated October 23, 2026"
An Agreement and Plan of Merger is a formal document where two companies agree to combine into one, outlining how the process will happen. It’s like a step-by-step plan for merging, and it matters because it shows both sides have agreed on the details before the official transition takes place.
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