Insider filing report for Changes in Beneficial Ownership
- Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
- Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
- Peter Lynch
What is insider trading>>
- Peter Lynch
What is insider trading>>
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
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SCHEDULE 13G
Under the Securities Exchange Act of 1934
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Vir Biotechnology, Inc.
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(Name of Issuer)
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Common Stock, $0.0001 par value
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(Title of Class of Securities)
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92764N 102
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(CUSIP Number)
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October 16, 2019
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(Date of Event Which Requires Filing of this Statement)
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Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
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Rule 13d-1(b)
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Rule 13d-1(c)
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Rule 13d-1(d)
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*The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures
provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Exchange Act”) or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act.
(Continued on following pages)
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92764N 102
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1
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NAME OF REPORTING PERSONS
Alaska Permanent Fund Corporation
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2
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
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(a) ☐
(b) ☐
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3
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SEC USE ONLY
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4
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CITIZENSHIP OR PLACE OF ORGANIZATION
Alaska
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NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
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5
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SOLE VOTING POWER
1,500,000
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6
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SHARED VOTING POWER
4,055,556
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7
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SOLE DISPOSITIVE POWER
1,500,0000
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8
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SHARED DISPOSITIVE POWER
4,055,556
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9
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
5,555,556
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10
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
☐
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11
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
5.1%*
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12
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TYPE OF REPORTING PERSON
OO
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| * |
Percentage calculated based on 109,397,196 shares of common stock, par value $0.0001 per share, being the shares of common stock outstanding as of the completion of the initial public offering of Issuer (not including 1,071,428 shares
of common stock under underwriters’ option to purchase additional shares), as reported in Issuer’s prospectus filed pursuant to Rule 424(b)(4) with
the Securities and Exchange Commission on October 11, 2019.
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Item 1(a).
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Name of Issuer: |
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Vir Biotechnology, Inc.
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Item 1(b).
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Address of Issuer’s Principal Executive Offices: |
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499 Illinois Street, Suite 500, San Francisco, California 94158.
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Item 2(a).
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Name of Person Filing: |
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This Schedule 13G is being filed by the Alaska Permanent Fund Corporation with respect to the Common Stock, par value $0.0001 per share or Vir Biotechnology, Inc.
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Item 2(b).
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Address of Principal Business Office or, if None, Residence: |
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The address of the principal business office of the Reporting Person is 801 West 10th Street, Suite 302, Juneau, Alaska, 99801.
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Item 2(c).
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Citizenship: |
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The Reporting Person is the Alaska Permanent Fund Corporation, acting for and on behalf of the funds which the Alaska Permanent Fund Corporation is designated by Alaska Statutes 37.13
to manage and invest.
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Item 2(d).
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Title of Class of Securities: |
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Common Stock, par value $0.0001 per share.
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Item 2(e).
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CUSIP Number: |
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92764N 102 |
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Item 3.
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If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b) or (c), check whether the person filing is a:
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Not applicable. |
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Item 4.
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Ownership.
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| (a) |
Amount beneficially owned: |
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(i)
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The Reporting Person directly owns 1,500,000 shares of the Issuer’s common stock. |
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(ii)
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Yukon Investors, LLC directly owns 3,333,333 shares of the Issuer’s common stock. The Reporting Person is a member of Yukon Investors, LLC, and may be deemed to
beneficially own the shares held by it.
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(iii)
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Altitude Life Science Ventures Fund II, L.P. and Altitude Life Science Ventures Side Fund II, L.P. directly own 722,223 shares of the Issuer’s common stock. The
Reporting Person is a limited partner in each of Altitude Life Science Ventures Fund II, L.P. and Altitude Life Science Ventures Side Fund II, L.P. and may be deemed to beneficially own the
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shares held by such funds.
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| (b) |
Percent of class:
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See Row 11 of the cover page for the Reporting Person.
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| (c) |
Number of shares as to which the Reporting Person has:
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(i)
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Sole power to vote or to direct the vote
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See Row 5 of the cover page for the Reporting Person.
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(ii)
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Shares power to vote or to direct the vote:
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See Row 6 of the cover page for the Reporting Person.
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(iii)
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Sole power to dispose or to direct the disposition of:
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See Row 7 of the cover page for the Reporting Person.
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(iv)
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Shared power to dispose or to direct the disposition of:
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See Row 8 of the cover page for the Reporting Person.
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| Item 5. |
Ownership of Five Percent or Less of a Class.
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Not applicable.
| Item 6. |
Ownership of More than Five Percent on Behalf of Another Person.
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Not applicable.
| Item 7. |
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
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Not applicable.
| Item 8. |
Identification and Classification of Members of the Group.
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Not applicable.
| Item 9. |
Notice of Dissolution of Group.
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Not applicable.
| Item 10. |
Certifications.
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By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or
influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under
§ 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Dated: December 5, 2019
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The Alaska Permanent Fund Corporation
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By:
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/s/ Angela Rodell
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Name: Angela Rodell
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Title: Chief Executive Officer
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[Signature page to Schedule 13G]