0001193125-22-032725.txt : 20220209 0001193125-22-032725.hdr.sgml : 20220209 20220209162553 ACCESSION NUMBER: 0001193125-22-032725 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20220209 DATE AS OF CHANGE: 20220209 GROUP MEMBERS: JASON HOWERTON SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Design Therapeutics, Inc. CENTRAL INDEX KEY: 0001807120 STANDARD INDUSTRIAL CLASSIFICATION: PHARMACEUTICAL PREPARATIONS [2834] IRS NUMBER: 823929248 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-92462 FILM NUMBER: 22607568 BUSINESS ADDRESS: STREET 1: 6005 HIDDEN VALLEY ROAD STREET 2: SUITE 110 CITY: CARLSBAD STATE: CA ZIP: 92011 BUSINESS PHONE: 858-293-4900 MAIL ADDRESS: STREET 1: 6005 HIDDEN VALLEY ROAD STREET 2: SUITE 110 CITY: CARLSBAD STATE: CA ZIP: 92011 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Star Irrevocable Trust #1 dated April 22, 2019 CENTRAL INDEX KEY: 0001849576 IRS NUMBER: 000000000 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: C/O DESIGN THERAPEUTICS, INC. STREET 2: 6005 HIDDEN VALLEY ROAD, SUITE 110 CITY: CARLSBAD STATE: CA ZIP: 92011 BUSINESS PHONE: 858-293-4900 MAIL ADDRESS: STREET 1: C/O DESIGN THERAPEUTICS, INC. STREET 2: 6005 HIDDEN VALLEY ROAD, SUITE 110 CITY: CARLSBAD STATE: CA ZIP: 92011 SC 13G 1 d311735dsc13g.htm SC 13G SC 13G

 

 

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

 

 

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

 

Design Therapeutics, Inc.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

25056L 103

(CUSIP Number)

December 31, 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. 25056L 103    13G    Page 2 of 6 Pages

 

  1.     

Names of Reporting Persons

 

Star Irrevocable Trust #1 dated April 22, 2019

  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

 

United States

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person
With:

     5.     

Sole Voting Power

 

0

     6.     

Shared Voting Power

 

3,834,355(1)

     7.     

Sole Dispositive Power

 

0

     8.     

Shared Dispositive Power

 

3,834,355(1)

  9.     

Aggregate Amount Beneficially Owned by Each Reporting Person

 

3,834,355(1)

  10.     

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

 

  11.     

Percent of Class Represented by Amount in Row 9

 

6.9%(2)

  12.     

Type of Reporting Person (see instructions)

 

OO

 

(1)

This schedule is filed by Star Irrevocable Trust #1 dated April 22, 2019 (“Star Trust”) and Jason Howerton. Mr. Howerton is the trustee of Star Trust, and in such capacity has the sole power to vote and dispose of such shares. Mr. Howerton disclaims beneficial ownership of the shares held by Star Trust.

(2)

The percentage is calculated based on 55,662,501 shares of Common Stock outstanding as of November 5, 2021, as reported in the Issuer’s Quarterly Report on Form 10-Q filed on November 5, 2021.


CUSIP No. 25056L 103    13G    Page 3 of 6 Pages

 

  1.     

Names of Reporting Persons

 

Jason Howerton

  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

 

United States

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person
With:

     5.     

Sole Voting Power

 

0

     6.     

Shared Voting Power

 

3,834,355(1)

     7.     

Sole Dispositive Power

 

0

     8.     

Shared Dispositive Power

 

3,834,355(1)

  9.     

Aggregate Amount Beneficially Owned by Each Reporting Person

 

3,834,355(1)

  10.     

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

 

  11.     

Percent of Class Represented by Amount in Row 9

 

6.9%(2)

  12.     

Type of Reporting Person (see instructions)

 

IN

 

(1)

This schedule is filed by Star Irrevocable Trust #1 dated April 22, 2019 (“Star Trust”) and Jason Howerton. Mr. Howerton is the trustee of Star Trust, and in such capacity has the sole power to vote and dispose of such shares. Mr. Howerton disclaims beneficial ownership of the shares held by Star Trust.

(2)

The percentage is calculated based on 55,662,501 shares of Common Stock outstanding as of November 5, 2021, as reported in the Issuer’s Quarterly Report on Form 10-Q filed on November 5, 2021.


CUSIP No. 25056L 103    13G    Page 4 of 6 Pages

 

Item 1(a).

Name of Issuer:

Design Therapeutics, Inc., a Delaware corporation

 

Item 1(b).

Address of Issuer’s Principal Executive Offices:

6005 Hidden Valley Road, Suite 110

Carlsbad, CA 92011

 

Item 2(a).

Name of Persons Filing:

Star Irrevocable Trust #1 dated April 22, 2019

Jason Howerton (collectively, the “Reporting Persons”)

 

Item 2(b).

Address of Principal Business Office of the Reporting Persons or, if none, Residence:

2114 Via Tiempo

Cardiff, CA 92007

 

Item 2(c).

Citizenship:

Star Irrevocable Trust #1 dated April 22, 2019: California

Jason Howerton: USA

 

Item 2(d).

Title of Class of Securities:

Common Stock

 

Item 2(e).

CUSIP Number:

25056L 103

 

Item 3.

Not applicable

 

Item 4.

Ownership

 

  (a)

Amount Beneficially Owned:

 

Star Irrevocable Trust #1 dated April 22, 2019

     3,834,355  

Jason Howerton

     3,834,355  

 

  (b)

Percent of Class: 6.9%

 

  (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:

 

Star Irrevocable Trust #1 dated April 22, 2019

     3,834,355  

Jason Howerton

     3,834,355  

 

  (iii)

Sole power to dispose or to direct the disposition of: 0

 

  (iv)

Shared power to dispose or to direct the disposition of:


CUSIP No. 25056L 103    13G    Page 5 of 6 Pages

 

Star Irrevocable Trust #1 dated April 22, 2019

     3,834,355  

Jason Howerton

     3,834,355  

 

Item 5.

Ownership of Five Percent or Less of a Class

Not applicable

 

Item 6.

Ownership of More than Five 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

Not applicable

 

Item 9.

Notice of Dissolution of a Group

Not applicable

 

Item 10.

Certification

Not applicable


CUSIP No. 25056L 103    13G    Page 6 of 6 Pages

 

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: February 8, 2022

Star Irrevocable Trust #1 dated April 22, 2019

/s/ Jason Howerton

Jason Howerton, Trustee

/s/ Jason Howerton

Jason Howerton  

The original statement shall be signed by each person on whose behalf the statement is filed or his authorized representative. If the statement is signed on behalf of a person by his authorized representative other than an executive officer or general partner of the filing person, evidence of the representative’s authority to sign on behalf of such person shall be filed with the statement, provided, however, that a power of attorney for this purpose which is already on file with the Commission may be incorporated by reference. The name and any title of each person who signs the statement shall be typed or printed beneath his signature.

Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7 for other parties for whom copies are to be sent.

 

Attention:

Intentional misstatements or omissions of fact constitute Federal criminal violations (See 18 U.S.C. 1001)

EX-99.A 2 d311735dex99a.htm EX-99.A EX-99.A
CUSIP No. 25056L 103    13G   

 

EXHIBIT A

Joint Filing Agreement

In accordance with Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended, each of the persons named below agrees to the joint filing of a Statement on Schedule 13G (including amendments thereto) with respect to the Common Stock of Design Therapeutics, Inc. a Delaware corporation.

Dated: February 8, 2022

 

Star Irrevocable Trust #1 dated April 22, 2019

/s/ Jason Howerton

Jason Howerton, Trustee

/s/ Jason Howerton

Jason Howerton