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*
Isern Brian M.

(Last) (First) (Middle)
500 YALE AVE N

(Street)
SEATTLE WA 98109

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Tricida, Inc. [ TCDA ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director X 10% Owner
Officer (give title below) X Other (specify below)
possible member of 10% group
3. Date of Earliest Transaction (Month/Day/Year)
11/22/2019
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)
Code V Amount (A) or (D) Price
Common Stock 11/22/2019 S 48,030 D $40.53(1) 2,906,184 I By Sibling Capital Fund II-B L.P.(3)(8)
Common Stock 11/22/2019 S 132,834 D $41.17(2) 2,773,350 I By Sibling Capital Fund II-B L.P.(3)(8)
Common Stock 777,411 I By Sibling Capital Fund II-A L.P.(4)(8)
Common Stock 1,810,195 I By Sibling Capital Fund II-C L.P.(5)(8)
Common Stock 599,379 I By Sibling Capital Fund II-D L.P.(6)(8)
Common Stock 463,158 I By Sibling Insiders Fund II L.P.(7)(8)
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
1. Name and Address of Reporting Person*
Isern Brian M.

(Last) (First) (Middle)
500 YALE AVE N

(Street)
SEATTLE WA 98109

(City) (State) (Zip)
1. Name and Address of Reporting Person*
Sibling Capital Fund II-B L.P.

(Last) (First) (Middle)
500 YALE AVE N

(Street)
SEATTLE WA 98109

(City) (State) (Zip)
1. Name and Address of Reporting Person*
Sibling Capital Ventures II LLC

(Last) (First) (Middle)
500 YALE AVE N

(Street)
SEATTLE WA 98109

(City) (State) (Zip)
Explanation of Responses:
1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $40.01 to $40.89, inclusive. Each Reporting Person undertakes to provide to Tricida, Inc., any security holder of Tricida, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (1) and (2) to this Form 4.
2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $40.90 to $41.61, inclusive.
3. The shares are held directly by Sibling Capital Fund II-B L.P. ("Sibling B"). Sibling Capital Ventures II LLC ("SCV II") is the sole general partner of Sibling B. As co-manager of SCV II, Brian M. Isern may be deemed to be an indirect beneficial owner of such shares.
4. The shares are held directly by Sibling Capital Fund II-A L.P. ("Sibling A"). Sibling Capital Ventures LLC ("SCV") is the sole general partner of Sibling A. As co-manager of SCV, Brian M. Isern may be deemed to be an indirect beneficial owner of such shares.
5. The shares are held directly by Sibling Capital Fund II-C L.P. ("Sibling C"). Sibling Capital Ventures III LLC ("SCV III") is the sole general partner of Sibling C. As co-manager of SCV III, Brian M. Isern may be deemed to be an indirect beneficial owner of such shares.
6. The shares are held directly by Sibling Capital Fund II-D L.P. ("Sibling D"). Sibling Capital Ventures IV LLC ("SCV IV") is the sole general partner of Sibling D. As co-manager of SCV IV, Brian M. Isern may be deemed to be an indirect beneficial owner of such shares.
7. The shares are held directly by Sibling Insiders Fund II L.P. ("Sibling Insiders Fund"). Sibling Insiders II LLC ("Sibling Insiders LLC") is the sole general partner of Sibling Insiders Fund. As co-manager of Sibling Insiders LLC, Brian M. Isern may be deemed to be an indirect beneficial owner of such shares.
8. For purposes of Section 16 of the Securities Exchange Act of 1934, as amended, each Reporting Person disclaims beneficial ownership of any such securities, except to the extent of his/its pecuniary interest therein, if any, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of such securities for purposes of Section 16 or otherwise.
/s/ Brian M. Isern 11/26/2019
Sibling Capital Fund II-B L.P., By: Sibling Capital Ventures II LLC, its sole general partner, By: /s/ Brian M. Isern, President 11/26/2019
Sibling Capital Ventures II LLC, By: /s/ Brian M. Isern, President 11/26/2019
** 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).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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