SEC Filing » Gritstone bio

Names of Reporting Persons

Frazier Life Sciences Public Fund L.P.

Check the Appropriate Box if a Member of a Group (see instructions)

(a) ☐

(b) ☒

SEC USE ONLY

Citizenship or Place of Organization

Delaware

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SC 13G

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. )*

Gritstone bio, Inc.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

39868T 105

(CUSIP Number)

September 17, 2021

(Date of Event Which Requires Filing of 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. 39868T 105

(1)

Consists of 3,636,364 shares of Common Stock held directly by Frazier Life Sciences Public Fund L.P. FHMLSP, L.P. is the general partner of Frazier Life Sciences Public Fund L.P. and FHMLSP, L.L.C. is the general partner of FHMLSP, L.P. Patrick J. Heron, James N. Topper, Albert Cha and James Brush are the members of FHMLSP, L.L.C. and therefore share voting and investment power over the shares held by Frazier Life Sciences Public Fund L.P.

(2)

Based on (i) 49,447,693 shares of Common Stock outstanding on July 30, 2021 as set forth in the Issuer’s Form 10-Q filed with the SEC on August 5, 2021 and (ii) 5,000,000 shares of Common Stock that were sold on September 17, 2021 as described in the Issuer’s Current Form 8-K filed with the SEC on September 17, 2021.


CUSIP No. 39868T 105

(1)

(2)


CUSIP No. 39868T 105

(1)

(2)


CUSIP No. 39868T 105

(1)

Consists of 802,259 shares of Common Stock held directly by Frazier Healthcare VII, L.P. FHM VII, L.P. is the general partner of Frazier Healthcare VII, L.P. and FHM VII, L.L.C. is the general partner of FHM VII, L.P. Alan Frazier, Nader Naini, Patrick Heron, James Topper, Nathan Every, and Brian Morfitt are the members of FHM VII, L.L.C. and therefore share voting and investment power over the shares held by Frazier Healthcare VII, L.P.

(2)


CUSIP No. 39868T 105

(1)

Consists of 228,621 shares of Common Stock held directly by Frazier Healthcare VII-A, L.P. FHM VII, L.P. is the general partner of Frazier Healthcare VII-A, L.P. and FHM VII, L.L.C. is the general partner of FHM VII, L.P. Alan Frazier, Nader Naini, Patrick Heron, James Topper, Nathan Every, and Brian Morfitt are the members of FHM VII, L.L.C. and therefore share voting and investment power over the shares held by Frazier Healthcare VII-A, L.P.

(2)


CUSIP No. 39868T 105

(1)

Consists of (i) 802,259 shares of Common Stock held directly by Frazier Healthcare VII, L.P. and (ii) 228,621 shares of Common Stock held directly by Frazier Healthcare VII-A, L.P (collectively, the “FH Shares”). FHM VII, L.P. is the general partner of both Frazier Healthcare VII, L.P. and Frazier Healthcare VII-A, L.P. and FHM VII, L.L.C. is the general partner of FHM VII, L.P. Alan Frazier, Nader Naini, Patrick Heron, James Topper, Nathan Every, and Brian Morfitt are the members of FHM VII, L.L.C. and therefore share voting and investment power over the FH Shares.

(2)


CUSIP No. 39868T 105

(1)

(2)


CUSIP No. 39868T 105

(1)	Consists of 61,307 shares of Common Stock held directly by James Topper.

(2)

Consists of (i) 802,259 shares of Common Stock held directly by Frazier Healthcare VII, L.P., (ii) 228,621 shares of Common Stock held directly by Frazier Healthcare VII-A, L.P., and (iii) 3,636,364 shares of Common Stock held directly by Frazier Life Sciences Public Fund L.P. FHM VII, L.P. is the general partner of both Frazier Healthcare VII, L.P. and Frazier Healthcare VII-A, L.P. and FHM VII, L.L.C. is the general partner of FHM VII, L.P. Alan Frazier, Nader Naini, Patrick Heron, James Topper, Nathan Every, and Brian Morfitt are the members of FHM VII, L.L.C. and therefore share voting and investment power over the shares held by Frazier Healthcare VII, L.P. and Frazier Healthcare VII-A, L.P. FHMLSP, L.P. is the general partner of Frazier Life Sciences Public Fund L.P. and FHMLSP, L.L.C. is the general partner of FHMLSP, L.P. Patrick J. Heron, James N. Topper, Albert Cha and James Brush are the members of FHMLSP, L.L.C. and therefore share voting and investment power over the shares held by Frazier Life Sciences Public Fund L.P.

(3)


CUSIP No. 39868T 105

(1)	Consists of (i) 61,307 shares of Common Stock held directly by The Heron Living Trust dated 11/30/2004, which Patrick Heron is the trustee and has voting and investment power over such shares.

(2)

(3)


CUSIP No. 39868T 105

(1)

(2)


CUSIP No. 39868T 105

(1)

(2)


CUSIP No. 39868T 105

(1)	Consists of 9,376 shares of Common Stock held directly by Frazier & Company, Inc., of which Alan Frazier is the President and has voting and investment power over such shares.

(2)

Consists of (i) 802,259 shares of Common Stock held directly by Frazier Healthcare VII, L.P. and (ii) 228,621 shares of Common Stock held directly by Frazier Healthcare VII-A, L.P. FHM VII, L.P. is the general partner of both Frazier Healthcare VII, L.P. and Frazier Healthcare VII-A, L.P. and FHM VII, L.L.C. is the general partner of FHM VII, L.P. Alan Frazier, Nader Naini, Patrick Heron, James Topper, Nathan Every, and Brian Morfitt are the members of FHM VII, L.L.C. and therefore share voting and investment power over the shares held by Frazier Healthcare VII, L.P. and Frazier Healthcare VII-A, L.P.

(3)


CUSIP No. 39868T 105

(1)

Consists of (i) 802,259 shares of Common Stock held directly by Frazier Healthcare VII, L.P. and (ii) 228,621 shares of Common Stock held directly by Frazier Healthcare VII-A, L.P. FHM VII, L.P. is the general partner of both Frazier Healthcare VII, L.P. and Frazier Healthcare VII-A, L.P. and FHM VII, L.L.C. is the general partner of FHM VII, L.P. Alan Frazier, Nader Naini, Patrick Heron, James Topper, Nathan Every, and Brian Morfitt are the members of FHM VII, L.L.C. and therefore share voting and investment power over the shares held by Frazier Healthcare VII, L.P. and Frazier Healthcare VII-A, L.P.

(2)


CUSIP No. 39868T 105

(1)	Consists of 5,722 shares of Common Stock held directly by Brian Morfitt.

(2)

Consists of (i) 802,259 shares of Common Stock held directly by Frazier Healthcare VII, L.P. and (ii) 228,621 shares of Common Stock held directly by Frazier Healthcare VII-A, L.P. FHM VII, L.P. is the general partner of both Frazier Healthcare VII, L.P. and Frazier Healthcare VII-A, L.P. and FHM VII, L.L.C. is the general partner of FHM VII, L.P. Alan Frazier, Nader Naini, Patrick Heron, James Topper, Nathan Every, and Brian Morfitt are the members of FHM VII, L.L.C. and therefore share voting and investment power over the shares held by Frazier Healthcare VII, L.P. and Frazier Healthcare VII-A, L.P.

(3)


CUSIP No. 39868T 105

(1)	Consists of 8,221 shares of Common Stock held directly by Nathan Every.

(2)

Consists of (i) 802,259 shares of Common Stock held directly by Frazier Healthcare VII, L.P. and (ii) 228,621 shares of Common Stock held directly by Frazier Healthcare VII-A, L.P. FHM VII, L.P. is the general partner of both Frazier Healthcare VII, L.P. and Frazier Healthcare VII-A, L.P. and FHM VII, L.L.C. is the general partner of FHM VII, L.P. Alan Frazier, Nader Naini, Patrick Heron, James Topper, Nathan Every, and Brian Morfitt are the members of FHM VII, L.L.C. and therefore share voting and investment power over the shares held by Frazier Healthcare VII, L.P. and Frazier Healthcare VII-A, L.P.

(3)

Item 1(a).

Name of Issuer: Gritstone bio, Inc.

Item 1(b).

Address of Issuer’s Principal Executive Offices: 5959 Horton Street, Suite 300, Emeryville, California 94608

Item 2(a).

Name of Person Filing:

The entities and persons filing this statement (collectively, the “Reporting Persons”) are:

Frazier Healthcare VII, L.P. (“FH-VII”)

Frazier Healthcare VII-A, L.P. (“FH-VIIA”)

FHM VII, L.P. (“FHM-VII L.P.”)

FHM VII, L.L.C. (“FHM-VII LLC”)

Frazier Life Sciences Public Fund L.P. (“FLSPF”)

FHMLSP, L.P.

FHMLSP, L.L.C.

James Topper (“Topper”)

Patrick Heron (“Heron”)

Alan Frazier (“Frazier”)

Nader Naini (“Naini”)

Nathan Every (“Every”)

Brian Morfitt (“Morfitt”)

Albert Cha (“Cha”)

James Brush (“Brush” and together with Topper, Heron, Frazier, Naini, Every and Brush, the “Members”)

Item 2(b).

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

The address and principal business office of the Reporting Persons is:

c/o Frazier Healthcare Partners

601 Union Street, Suite 3200

Seattle, Washington 98101

Item 2(c).

Citizenship:


Entities:	FH-VII	-	Delaware, U.S.A.
	FH-VIIA	-	Delaware, U.S.A.
	FHM-VII L.P.	-	Delaware, U.S.A.
	FHM-VII LLC	-	Delaware, U.S.A.
	FLSPF	-	Delaware, U.S.A.
	FHMLSP, L.P.	-	Delaware, U.S.A.
	FHMLSP, L.L.C.	-	Delaware, U.S.A.

Individuals:	Topper	-	United States Citizen
	Heron	-	United States Citizen
	Frazier	-	United States Citizen
	Naini	-	United States Citizen
	Every	-	United States Citizen
	Morfitt	-	United States Citizen
	Cha	-	United States Citizen
	Brush	-	United States Citizen

Item 2(d).

Title of Class of Securities: Common Stock

Item 2(e).

CUSIP Number: 39868T 105

Item 3.

If this statement is filed pursuant to §§240.13d-1(b), or 240.13d-2(b) or (c), check whether the person filing is a:

(a)

☐ Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78o);

(b)

☐ Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);

(c)

☐ Insurance company as defined in section 3(a)19) of the Act (15 U.S.C. 78c);

(d)

☐ Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);

(e)

☐ An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);

(f)

☐ An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);

(g)

☐ A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G);

(h)

☐ A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);

(i)

☐ A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);

(j)

☐ A non-U.S. institution in accordance with §240.13d–1(b)(1)(ii)(J);

(k)

☐ Group, in accordance with §240.13d–1(b)(1)(ii)(K).

If filing as a non-U.S. institution in accordance with §240.13d–1(b)(1)(ii)(J), please specify the type of institution:

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: See Row 9 of cover page for each Reporting Person.

(b)

Percent of Class: See Row 11 of cover page for each Reporting Person

(c)

Number of shares as to which the person has:

(i)

Sole power to vote or to direct the vote: See Row 5 of cover page for each Reporting Person.

(ii)

Shared power to vote or to direct the vote: See Row 6 of cover page for each Reporting Person.

(iii)

Sole power to dispose or to direct the disposition of: See Row 7 of cover page for each Reporting Person.

(iv)

Shared power to dispose or to direct the disposition of: See Row 8 of cover page for each Reporting Person.

Item 5.

Ownership of 5 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 5 percent of the class of securities, check the following ☐.

Item 6.

Ownership of More than 5 Percent on Behalf of Another Person

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.

Not applicable.

Item 8.

Identification and Classification of Members of the Group

Each member of the group is identified on Exhibit A to this Schedule 13G.

Item 9.

Notice of Dissolution of a Group

Not applicable.

Item 10.

Certification

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.


Date:	September 21, 2021	FRAZIER HEALTHCARE VII, L.P.
		By FHM VII, L.P., its general partner
		By FHM VII, L.L.C., its general partner

		By:	/s/ Steve R. Bailey
			Steve R. Bailey, Chief Financial Officer

Date:	September 21, 2021	FRAZIER HEALTHCARE VII-A, L.P.
		By FHM VII, L.P., its general partner
		By FHM VII, L.L.C., its general partner

		By:	/s/ Steve R. Bailey
			Steve R. Bailey, Chief Financial Officer

Date:	September 21, 2021	FHM VII, L.P.
		By FHM VII, L.L.C., its general partner

		By:	/s/ Steve R. Bailey
			Steve R. Bailey, Chief Financial Officer

Date:	September 21, 2021	FHM VII, L.L.C.

		By:	/s/ Steve R. Bailey
			Steve R. Bailey, Chief Financial Officer

Date:	September 21, 2021	FRAZIER LIFE SCIENCES PUBLIC FUND L.P.
		By: FHMLSP, L.P., its General Partner
		By: FHMLSP, L.L.C., its General Partner

		By:	/s/ Steve R. Bailey
			Steve R. Bailey, Chief Financial Officer

Date:	September 21, 2021	FHMLSP, L.P.
		By: FHMLSP, L.L.C., its General Partner

		By:	/s/ Steve R. Bailey
			Steve R. Bailey, Chief Financial Officer

Date:	September 21, 2021	FHMLSP, L.L.C.

		By:	/s/ Steve R. Bailey
			Steve R. Bailey, Chief Financial Officer


Date:		September 21, 2021				By:		*


			James Topper

Date:	September 21, 2021	By:	*


			Patrick Heron

Date:	September 21, 2021	By:	*


			Nader Naini

Date:	September 21, 2021	By:	*


			Nathan Every

Date:	September 21, 2021	By:	*


			Brian Morfitt

Date:	September 21, 2021	By:	*


			Alan Frazier

Date:	September 21, 2021	By:	**


			Albert Cha

Date:	September 21, 2021	By:	**


			James Brush

Date:	September 21, 2021	*By:	/s/ Steve R. Bailey
			Steve R. Bailey, as Attorney-in-Fact

*	This Schedule 13G was executed by Steve R. Bailey on behalf of the individuals listed above pursuant to a Power of Attorney, a copy of which was filed with the SEC on March 29, 2016.

**	This Schedule 13G was executed by Steve R. Bailey on behalf of the individuals listed above pursuant to a Power of Attorney, a copy of which was filed with the SEC on August 16, 2021.

Exhibit Index

Exhibit A - Agreement regarding filing of joint Schedule 13G.

EX-99.A

EXHIBIT A

AGREEMENT

Pursuant to Rule 13d-1(k)(1) under the Securities Exchange Act of 1934, the undersigned hereby agree that only one statement containing the information required by Schedule 13G need be filed with respect to the ownership by each of the undersigned of Common Stock of Gritstone bio, Inc.


Date:	September 21, 2021	FRAZIER HEALTHCARE VII, L.P.
		By FHM VII, L.P., its general partner
		By FHM VII, L.L.C., its general partner

		By:	/s/ Steve R. Bailey
			Steve R. Bailey, Chief Financial Officer

Date:	September 21, 2021	FRAZIER HEALTHCARE VII-A, L.P.
		By FHM VII, L.P., its general partner
		By FHM VII, L.L.C., its general partner

		By:	/s/ Steve R. Bailey
			Steve R. Bailey, Chief Financial Officer

Date:	September 21, 2021	FHM VII, L.P.
		By FHM VII, L.L.C., its general partner

		By:	/s/ Steve R. Bailey
			Steve R. Bailey, Chief Financial Officer

Date:	September 21, 2021	FHM VII, L.L.C.

		By:	/s/ Steve R. Bailey
			Steve R. Bailey, Chief Financial Officer

Date:	September 21, 2021	FRAZIER LIFE SCIENCES PUBLIC FUND L.P.
		By: FHMLSP, L.P., its General Partner
		By: FHMLSP, L.L.C., its General Partner

		By:	/s/ Steve R. Bailey
			Steve R. Bailey, Chief Financial Officer

Date:	September 21, 2021	FHMLSP, L.P.
		By: FHMLSP, L.L.C., its General Partner

		By:	/s/ Steve R. Bailey
			Steve R. Bailey, Chief Financial Officer


Date:	September 21, 2021	FHMLSP, L.L.C.

		By:	/s/ Steve R. Bailey
			Steve R. Bailey, Chief Financial Officer

Date:	September 21, 2021	By:	*
			James Topper

Date:	September 21, 2021	By:	*
			Patrick Heron

Date:	September 21, 2021	By:	*
			Nader Naini

Date:	September 21, 2021	By:	*
			Nathan Every

Date:	September 21, 2021	By:	*
			Brian Morfitt

Date:	September 21, 2021	By:	*
			Alan Frazier

Date:	September 21, 2021	By:	**
			Albert Cha

Date:	September 21, 2021	By:	**
			James Brush

Date:	September 21, 2021	*By:	/s/ Steve R. Bailey
			Steve R. Bailey, as Attorney-in-Fact

*	This Schedule 13G was executed by Steve R. Bailey on behalf of the individuals listed above pursuant to a Power of Attorney, a copy of which was filed with the SEC on March 29, 2016.

**	This Schedule 13G was executed by Steve R. Bailey on behalf of the individuals listed above pursuant to a Power of Attorney, a copy of which was filed with the SEC on August 16, 2021.