SEC Filing | Fate Therapeutics, Inc.

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SEC FORM 4 SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Polaris Venture Management Co. V, L.L.C.

(Last)

(First)

(Middle)

C/O POLARIS VENTURE PARTNERS

1000 WINTER STREET, SUITE 3350

(Street)

WALTHAM

02451

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
FATE THERAPEUTICS INC [ FATE ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

Director	X	10% Owner
Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
10/04/2013

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	10/04/2013		C		1,202,459	A	⁽¹⁾	1,202,459	I	By Polaris Venture Partners V, L.P.⁽³⁾
Common Stock	10/04/2013		C		255,950	A	⁽²⁾	1,458,409	I	By Polaris Venture Partners V, L.P.⁽³⁾
Common Stock	10/04/2013		C		23,436	A	⁽¹⁾	1,481,845	I	By Polaris Venture Partners Entrepreneurs' Fund V, L.P.⁽⁴⁾
Common Stock	10/04/2013		C		4,988	A	⁽²⁾	1,486,833	I	By Polaris Venture Partners Entrepreneurs' Fund V, L.P.⁽⁴⁾
Common Stock	10/04/2013		C		8,237	A	⁽¹⁾	1,495,070	I	By Polaris Venture Partners Founders' Fund V, L.P.⁽⁵⁾
Common Stock	10/04/2013		C		1,753	A	⁽²⁾	1,496,823	I	By Polaris Venture Partners Founders' Fund V, L.P.⁽⁵⁾
Common Stock	10/04/2013		C		12,024	A	⁽¹⁾	1,508,847	I	By Polaris Venture Partners Special Founders' Fund V, L.P.⁽⁶⁾
Common Stock	10/04/2013		C		2,560	A	⁽²⁾	1,511,407	I	By Polaris Venture Partners Special Founders' Fund V, L.P.⁽⁶⁾
Common Stock	10/04/2013		J⁽⁷⁾		123,943	A	$6	1,635,350	I	By Polaris Venture Partners V, L.P.⁽³⁾
Common Stock	10/04/2013		J⁽⁷⁾		2,415	A	$6	1,637,765	I	By Polaris Venture Partners Entrepreneurs' Fund V, L.P.⁽⁴⁾
Common Stock	10/04/2013		J⁽⁷⁾		849	A	$6	1,638,614	I	By Polaris Venture Partners Founders' Fund V, L.P.⁽⁵⁾
Common Stock	10/04/2013		J⁽⁷⁾		1,239	A	$6	1,639,853	I	By Polaris Venture Partners Special Founders' Fund V, L.P.⁽⁶⁾
Common Stock	10/04/2013		P		804,112	A	$6	2,443,965	I	By Polaris Venture Partners V, L.P.⁽³⁾
Common Stock	10/04/2013		P		15,672	A	$6	2,459,637	I	By Polaris Venture Partners Entrepreneurs' Fund V, L.P.⁽⁴⁾
Common Stock	10/04/2013		P		5,508	A	$6	2,465,145	I	By Polaris Venture Partners Founders' Fund V, L.P.⁽⁵⁾
Common Stock	10/04/2013		P		8,041	A	$6	2,473,186	I	By Polaris Venture Partners Special Founders' Fund V, L.P.⁽⁶⁾

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Series A Convertible Preferred Stock	⁽¹⁾	10/04/2013		C			651,806	⁽¹⁾	⁽¹⁾	Common Stock	651,806	$0.00	0	I	By Polaris Venture Partners V, L.P.⁽³⁾
Series A Convertible Preferred Stock	⁽¹⁾	10/04/2013		C			12,704	⁽¹⁾	⁽¹⁾	Common Stock	12,704	$0.00	0	I	By Polaris Venture Partners Entrepreneurs' Fund V, L.P.⁽⁴⁾
Series A Convertible Preferred Stock	⁽¹⁾	10/04/2013		C			4,465	⁽¹⁾	⁽¹⁾	Common Stock	4,465	$0.00	0	I	By Polaris Venture Partners Founders' Fund V, L.P.⁽⁵⁾
Series A Convertible Preferred Stock	⁽¹⁾	10/04/2013		C			6,518	⁽¹⁾	⁽¹⁾	Common Stock	6,518	$0.00	0	I	By Polaris Venture Partners Special Founders' Fund V, L.P.⁽⁶⁾
Series B Convertible Preferred Stock	⁽²⁾	10/04/2013		C			222,677	⁽²⁾	⁽²⁾	Common Stock	255,950	$0.00	0	I	By Polaris Venture Partners V, L.P.⁽³⁾
Series B Convertible Preferred Stock	⁽²⁾	10/04/2013		C			4,340	⁽²⁾	⁽²⁾	Common Stock	4,988	$0.00	0	I	By Polaris Venture Partners Entrepreneurs' Fund V, L.P.⁽⁴⁾
Series B Convertible Preferred Stock	⁽²⁾	10/04/2013		C			1,525	⁽²⁾	⁽²⁾	Common Stock	1,753	$0.00	0	I	By Polaris Venture Partners Founders' Fund V, L.P.⁽⁵⁾
Series B Convertible Preferred Stock	⁽²⁾	10/04/2013		C			2,227	⁽²⁾	⁽²⁾	Common Stock	2,560	$0.00	0	I	By Polaris Venture Partners Special Founders' Fund V, L.P.⁽⁶⁾
Series C Convertible Preferred Stock	⁽¹⁾	10/04/2013		C			550,653	⁽¹⁾	⁽¹⁾	Common Stock	550,653	$0.00	0	I	By Polaris Venture Partners V, L.P.⁽³⁾
Series C Convertible Preferred Stock	⁽¹⁾	10/04/2013		C			10,732	⁽¹⁾	⁽¹⁾	Common Stock	10,732	$0.00	0	I	By Polaris Venture Partners Entrepreneurs' Fund V, L.P.⁽⁴⁾
Series C Convertible Preferred Stock	⁽¹⁾	10/04/2013		C			3,772	⁽¹⁾	⁽¹⁾	Common Stock	3,772	$0.00	0	I	By Polaris Venture Partners Founders' Fund V, L.P.⁽⁵⁾
Series C Convertible Preferred Stock	⁽¹⁾	10/04/2013		C			5,506	⁽¹⁾	⁽¹⁾	Common Stock	5,506	$0.00	0	I	By Polaris Venture Partners Special Founders' Fund V, L.P.⁽⁶⁾

1. Name and Address of Reporting Person^*

Polaris Venture Management Co. V, L.L.C.

(Last)

(First)

(Middle)

C/O POLARIS VENTURE PARTNERS

1000 WINTER STREET, SUITE 3350

(Street)

WALTHAM

02451

(City)

(State)

(Zip)

1. Name and Address of Reporting Person^*

Polaris Venture Partners V, L.P.

(Last)

(First)

(Middle)

1000 WINTER STREET, SUITE 3350

(Street)

WALTHAM

02451

(City)

(State)

(Zip)

1. Name and Address of Reporting Person^*

Polaris Venture Partners Entrepreneurs' Fund V, L.P.

(Last)

(First)

(Middle)

1000 WINTER STREET, SUITE 3350

(Street)

WALTHAM

02451

(City)

(State)

(Zip)

1. Name and Address of Reporting Person^*

Polaris Venture Partners Founders' Fund V, L.P.

(Last)

(First)

(Middle)

1000 WINTER STREET, SUITE 3350

(Street)

WALTHAM

02451

(City)

(State)

(Zip)

1. Name and Address of Reporting Person^*

Polaris Venture Partners Special Founders' Fund V, L.P.

(Last)

(First)

(Middle)

1000 WINTER STREET, SUITE 3350

(Street)

WALTHAM

02451

(City)

(State)

(Zip)

Explanation of Responses:

1. The aggregate number of shares of Issuer's Preferred Stock held by the Reporting Persons converted into Common Stock immediately prior to the closing of the Issuer's initial public offering and has no expiration date. These shares converted into Common Stock on a 1-for-1 basis.

2. The aggregate number of shares of Issuer's Preferred Stock held by the Reporting Persons converted into Common Stock immediately prior to the closing of the Issuer's initial public offering and has no expiration date. These shares converted into Common Stock on approximately a 1-for-1.15 basis.

3. These shares are owned directly by Polaris Venture Partners V, L.P., whose sole general partner is Polaris Venture Management Co. V, LLC ("Polaris Management"). The members of North Star Venture Management 2010 LLC are also members of Polaris Management, and as members of the general partner, they may be deemed to share voting and investment power of such shares. The Reporting Person is a member of Polaris Management and has shared voting and investment power over such shares and may be deemed the indirect beneficial owner of such shares. The Reporting Person disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for Section 16 or any other purpose.

4. These shares are owned directly by Polaris Venture Partners Entrepreneurs' Fund V, L.P., whose sole general partner is Polaris Management. The members of North Star Venture Management 2010 LLC are also members of Polaris Management, and as members of the general partner, they may be deemed to share voting and investment power of such shares. The Reporting Person is a member of Polaris Management and has shared voting and investment power over such shares and may be deemed the indirect beneficial owner of such shares. The Reporting Person disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for Section 16 or any other purpose.

5. These shares are owned directly by Polaris Venture Partners Founders' Fund V, L.P., whose sole general partner is Polaris Management. The members of North Star Venture Management 2010 LLC are also members of Polaris Management, and as members of the general partner, they may be deemed to share voting and investment power of such shares. The Reporting Person is a member of Polaris Management and has shared voting and investment power over such shares and may be deemed the indirect beneficial owner of such shares. The Reporting Person disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for Section 16 or any other purpose.

6. These shares are owned directly by Polaris Venture Partners Special Founders' Fund V, L.P., whose sole general partner is Polaris Management. The members of North Star Venture Management 2010 LLC are also members of Polaris Management, and as members of the general partner, they may be deemed to share voting and investment power of such shares. The Reporting Person is a member of Polaris Management and has shared voting and investment power over such shares and may be deemed the indirect beneficial owner of such shares. The Reporting Person disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for Section 16 or any other purpose.

7. The shares were acquired upon conversion of a convertible promissory note exempt from the definition of a derivative security because the conversion price did not become fixed until automatic conversion at the time of the closing of the Issuer's initial public offering.

	/s/ Terry McGuire, Authorized Signatory for Polaris Venture Management Co. V, L.L.C.	10/04/2013
	/s/ Terry McGuire, Authorized Signatory for Polaris Venture Partners V, L.P.	10/04/2013
	/s/ Terry McGuire, Authorized Signatory for Polaris Venture Partners Entrepreneurs' Fund V, L.P.	10/04/2013
	/s/ Terry McGuire, Authorized Signatory for Polaris Venture Partners Founders' Fund V, L.P.	10/04/2013
	/s/ Terry McGuire, Authorized Signatory for Polaris Venture Partners Special Founders' Fund V, L.P.	10/04/2013
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
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