Sec Form 13G Filing - BB BIOTECH AG filing for Revolution Medicines Inc. (RVMD) - 2024-02-13

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>>

 

 

United States

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

 

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No. 2)*

 

 

Revolution Medicines, Inc.

(Name of Issuer)

Common Stock, par value $0.0001 per share

(Title of Class of Securities)

76155X100

(CUSIP Number)

December 31, 2023

(Date of Event Which Requires Filing This Statement)

 

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

☐ Rule 13d-1(b)

☒ Rule 13d-1(c)

☐Rule 13d-1(d)

 

*

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 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

 

 


CUSIP No. 76155X100

 

 1.   

 Names of Reporting Persons

 

 BB Biotech AG

 2.  

 Check the Appropriate Box if a Member of a Group (See Instructions)

 

 (a) ☒  (b) ☐

 3.  

 SEC Use Only

 

 4.  

 Citizenship or Place of Organization

 

 Switzerland

Number of

Shares  Beneficially 

Owned by

Each

Reporting

Person

with:

   5.    

 Sole Voting Power

 

 0

   6.   

 Shared Voting Power

 

 5,046,700

   7.   

 Sole Dispositive Power

 

 0

   8.   

 Shared Dispositive Power

 

 5,046,700

 9.   

 Aggregate Amount Beneficially Owned by Each Reporting Person

 

 5,046,700

10.  

 Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

 ☐

11.  

 Percent of Class Represented by amount in Row (9)

 

 3.1%

12.  

 Type of Reporting Person (See Instructions)

 

 HC, CO

 

2 of 10


CUSIP No. 76155X100

 

 1.   

 Names of Reporting Persons

 

 Biotech Growth N.V.

 2.  

 Check the Appropriate Box if a Member of a Group (See Instructions)

 

 (a) ☒  (b) ☐

 3.  

 SEC Use Only

 

 4.  

 Citizenship or Place of Organization

 

 Curaçao

Number of

Shares  Beneficially 

Owned by

Each

Reporting

Person

with:

   5.    

 Sole Voting Power

 

 0

   6.   

 Shared Voting Power

 

 0

   7.   

 Sole Dispositive Power

 

 0

   8.   

 Shared Dispositive Power

 

 0

 9.   

 Aggregate Amount Beneficially Owned by Each Reporting Person

 

 0

10.  

 Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

 ☐

11.  

 Percent of Class Represented by amount in Row (9)

 

 0.0%

12.  

 Type of Reporting Person (See Instructions)

 

 CO

 

3 of 10


CUSIP No. 76155X100

 

 1.   

 Names of Reporting Persons

 

 Biotech Target N.V.

 2.  

 Check the Appropriate Box if a Member of a Group (See Instructions)

 

 (a) ☒  (b) ☐

 3.  

 SEC Use Only

 

 4.  

 Citizenship or Place of Organization

 

 Curaçao

Number of

Shares  Beneficially 

Owned by

Each

Reporting

Person

with:

   5.    

 Sole Voting Power

 

 0

   6.   

 Shared Voting Power

 

 5,046,700

   7.   

 Sole Dispositive Power

 

 0

   8.   

 Shared Dispositive Power

 

 5,046,700

 9.   

 Aggregate Amount Beneficially Owned by Each Reporting Person

 

 5,046,700

10.  

 Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

 ☐

11.  

 Percent of Class Represented by amount in Row (9)

 

 3.1%

12.  

 Type of Reporting Person (See Instructions)

 

 CO

 

4 of 10


Item 1

 

  1(a)

Name of Issuer: Revolution Medicines, Inc.

 

  1(b)

Address of Issuer’s Principal Executive Offices:

700 Saginaw Drive, Redwood City, California 94063, United States of America

Item 2

2(a) Name of Person Filing: BB Biotech AG (“BB Biotech”) on behalf of its wholly-owned subsidiaries, Biotech Growth N.V. (“Biotech Growth”) and Biotech Target N.V. (“Biotech Target”)

 

  2(b)

Address of Principal Business Office or, if none, Residence:

BB Biotech AG: Schwertstrasse 6, CH-8200 Schaffhausen, Switzerland

Biotech Growth N.V.: Ara Hill Top Building, Unit A-5, Pletterijweg Oost 1, Curaçao

Biotech Target N.V.: Ara Hill Top Building, Unit A-5, Pletterijweg Oost 1, Curaçao

 

  2(c)

Citizenship: BB Biotech AG: Switzerland

Biotech Growth N.V.: Curaçao

Biotech Target N.V.: Curaçao

 

  2(d)

Title of Class of Securities: Common Stock, par value $0.0001 per share

2(e) CUSIP Number: 76155X100

Item 4. Ownership

Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.

(a) Amount beneficially owned: 5,046,700

(b) Percent of class: 3.1%

(c) Number of shares as to which the person has:

(i) Sole power to vote or to direct the vote 0

(ii) Shared power to vote or to direct the vote 5,046,700

(iii) Sole power to dispose or to direct the disposition of 0

(iv) Shared power to dispose or to direct the disposition of 5,046,700

Item 5. Ownership of Five Percent or Less of a Class

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following .

 

5 of 10


This statement is filed jointly by BB Biotech, Biotech Growth and Biotech Target. Biotech Growth and Biotech Target are wholly-owned subsidiaries of BB Biotech.

 

6 of 10


Item 10. Certification

By signing below I certify that, to the best of my knowledge and belief, the securities r eferred 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.

SIGNATURES

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.

 

BB Biotech AG    
Date: February 6, 2024     By:   /s/ Martin Gubler
      Signatory Authority
    Name:   Martin Gubler
    Title:   Signatory Authority
Date: February 6, 2024     By:   /s/ Ivo Betschart
      Signatory Authority
    Name:  

Ivo Betschart

    Title:   Signatory Authority
Biotech Growth N.V.    
Date: February 6, 2024     By:   /s/ Jan Bootsma
      Signatory Authority
    Name:   Jan Bootsma
    Title:   Signatory Authority
Date: February 6, 2024     By:   /s/ Hugo van Neutegem
      Signatory Authority
    Name:   Hugo van Neutegem
    Title:   Signatory Authority

 

7 of 10


Biotech Target N.V.    
Date: February 6, 2024     By:   /s/ Jan Bootsma
      Signatory Authority
    Name:   Jan Bootsma
    Title:   Signatory Authority
Date: February 6, 2024     By:   /s/ Hugo van Neutegem
      Signatory Authority
    Name:   Hugo van Neutegem
    Title:   Signatory Authority

 

8 of 10