(1)
Except as otherwise noted, the address for each person listed above is c/o Idera Pharmaceuticals, Inc., 505 Eagleview Boulevard, Suite 212, Exton, PA 19341.
(2)
On April 1, 2021, Pillar Pharmaceuticals 6, L.P. (“Pillar 6”), together with Pillar Invest Corporation (“Pillar GP”), Pillar Partners Foundation, L.P. (“Pillar Foundation,” and, together with Pillar 6 and Pillar GP, the “Pillar Entities”), Abude Umari and Youssef El Zein (together with the Pillar Entities and Mr. Umari, the “Reporting Persons”) filed Amendment No. 9 to a Schedule 13D with the SEC reporting the following beneficial ownership: (i) sole voting power with respect to zero shares; (ii) shared voting power with respect to 16,750,100 shares; (iii) sole dispositive power with respect to zero shares; and (iv) shared dispositive power with respect to 16,750,100 shares. The percentage reported for the shares of common stock is capped at 19.99% as a result of blocker provisions that limit the number of warrants exercisable for shares of common stock that are held by certain of the Pillar Entities.
The Reporting Persons expressly disclaim status as a “group” for purposes of Amendment No. 9 to the Schedule 13D. The Pillar Entities exercise no voting or dispositive power over and expressly disclaim beneficial ownership of any shares held directly by Messrs. Umari and El Zein, and Messrs. Umari and El Zein expressly disclaim beneficial ownership of any shares of common stock held directly by Pillar 6, Pillar Foundation and indirectly by Pillar GP.
(3)
Includes 543,871 shares of common stock subject to outstanding stock options that are exercisable within 60 days after March 31, 2021.
(4)
Includes 285,183 shares of common stock subject to outstanding stock options that are exercisable within 60 days after March 31, 2021.
(5)
Includes 323,250 shares of common stock subject to outstanding stock options that are exercisable within 60 days after March 31, 2021.
(6)
Includes 281,000 shares of common stock subject to outstanding stock options that are exercisable within 60 days after March 31, 2021.
(7)
Includes 232,136 shares of common stock subject to outstanding stock options that are exercisable within 60 days after March 31, 2021.
(8)
Includes of 38,295 shares of common stock subject to outstanding stock options that are exercisable within 60 days after March 31, 2021.
(9)
Includes 38,295 shares of common stock subject to outstanding stock options that are exercisable within 60 days after March 31, 2021.
(10)
Includes 125,686 shares of common stock subject to outstanding stock options that are exercisable within 60 days after March 31, 2021.
(11)
Includes 57,375 shares of common stock subject to outstanding stock options that are exercisable within 60 days after March 31, 2021.
(12)
Includes 48,625 shares of common stock subject to outstanding stock options that are exercisable within 60 days after March 31, 2021, and 875 shares of common stock held in the name Brian Macdonald for Maxine Gowen Trust, for which Dr. Gowen is a beneficiary and trustee.
(13)
Includes 40,221 shares of common stock subject to outstanding stock options that are exercisable within 60 days after March 31, 2021.
(14)
Includes 1,981,801 shares of common stock subject to outstanding stock options held by the directors and executive officers as a group that are exercisable within 60 days after March 31, 2021.