Sec Form 4 Filing - Lopez Fabio @ SELLAS Life Sciences Group, Inc. - 2018-09-24

Insider filing report for Changes in Beneficial Ownership
"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>>
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
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, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Expires: November 30, 2011
Estimated average burden hours per response... 0.5
1. Name and Address of Reporting Person
Lopez Fabio
2. Issuer Name and Ticker or Trading Symbol
SELLAS Life Sciences Group, Inc. [ SLS]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
_____ Officer (give title below) X __ Other (specify below)
Former Director, 10% holder
(Last) (First) (Middle)
EQUILIBRIA CAPITAL MANAGEMENT LTD., ONE BERMUDIANA ROAD
3. Date of Earliest Transaction (MM/DD/YY)
09/24/2018
(Street)
HAMILTON, D0HM08
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
_____ Form filed by One Reporting Person
__ X __ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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 09/24/2018 J( 1 ) 1,521,863 D $ 0 0 ( 2 ) D
Common Stock 09/24/2018 J( 3 ) 676,324 D $ 0 0 ( 4 ) D
Common Stock 09/24/2018 J( 5 ) 325,799 D $ 0 0 ( 6 ) D
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 (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(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 of Derivative Security: 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
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Lopez Fabio
EQUILIBRIA CAPITAL MANAGEMENT LTD.
ONE BERMUDIANA ROAD
HAMILTON, D0HM08
Former Director, 10% holder
EQC Private Markets SAC Fund II Ltd-EQC Biotech Sely S Fund
C/O EQUILIBRIA CAPITAL MANAGEMENT LTD.
HAMILTON, D0HM08
X
EQC Private Markets SAC Fund Ltd-EQC Biotech Sely I Fund
C/O EQUILIBRIA CAPITAL MANAGEMENT LTD.
HAMILTON, D0HM08
X
EQC Private Markets SAC Fund Ltd-EQC Biotech Sely II Fund`
C/O EQUILIBRIA CAPITAL MANAGEMENT LTD.
ONE BERMUDIANA ROAD
HAMILTON, D0HM08
X
Equilibria Capital Management Ltd
C/O EQUILIBRIA CAPITAL MANAGEMENT LTD.
ONE BERMUDIANA ROAD
HAMILTON, D0HM08
X
Castilian Ltd.
C/O EQUILIBRIA CAPITAL MANAGEMENT LTD.
ONE BERMUDIANA ROAD
HAMILTON, D0HM08
X
Varibobi Financial Holdings Ltd
C/O EQUILIABRIA CAPITAL MANAGEMENT LTD.
O'HARA HOUSE, ONE BERMUDIANA ROAD
HAMILTON, D0HM08
X
Tafur Daniel
C/O EQUILIBRIA CAPITAL MANAGEMENT LTD.
ONE BERMUDIANA ROAD
HAMILTON, D0HM08
X
EQC Private Markets II SAC Fund Ltd-EQC Biotech Sely III Fund
C/O EQUILIBRIA CAPITAL MANAGEMENT LTD.
ONE BERMUDIANA ROAD
HAMILTONHM08
X
Signatures
Fabio Lopez, by /s/ Ron A. Metzger, Attorney-in-Fact 09/25/2018
Signature of Reporting Person Date
EQC Private Markets SAC Fund II Ltd EQC Biotech Sely S Fund, Daniel Tafur, Director, by /s/ Ron A. Metzger, Attorney-in-Fact 09/25/2018
Signature of Reporting Person Date
EQC Private Markets SAC Fund Ltd EQC Biotech Sely I Fund, Daniel Tafur, Director, by /s/ Ron A. Metzger, Attorney-in-Fact 09/25/2018
Signature of Reporting Person Date
EQC Private Markets SAC Fund Ltd EQC Biotech Sely II Fund, Daniel Tafur, by /s/ Ron A. Metzger, Attorney-in-Fact 09/25/2018
Signature of Reporting Person Date
EQC Private Markets II SAC Fund Ltd EQC Biotech Sely III Fund, Daniel Tafur, by /s/ Ron A. Metzger, Attorney-in-Fact 09/25/2018
Signature of Reporting Person Date
Equilibria Capital Management Limited, Daniel Tafur, by /s/ Ron A. Metzger, Attorney-in-Fact 09/25/2018
Signature of Reporting Person Date
Castilian, Ltd., Daniel Tafur, by /s/ Ron A. Metzger, Attorney-in-Fact 09/25/2018
Signature of Reporting Person Date
Varibobi Financial Holdings Ltd., Fabio Lopez, by /s/ Ron A. Metzger, Attorney-in-Fact 09/25/2018
Signature of Reporting Person Date
Daniel Tafur, by /s/ Ron A. Metzger, Attorney-in-Fact 09/25/2018
Signature of Reporting Person Date
Explanation of Responses:
( 1 )EQC Private Markets SAC Fund II Ltd-EQC Biotech Sely S Fund ("Sely S") distributed 1,521,863 shares to its partners on a pro rata basis, for no consideration.
( 2 )As a partner of Sely S, Fabio Lopez, received 19,524 of the shares distributed by Sely S.
( 3 )EQC Private Markets SAC Fund Ltd-EQC Biotech Sely I Fund ("Sely I") distributed 676,324 shares to its partners on a pro rata basis, for no consideration.
( 4 )As partners of Sely I, Daniel Tafur and Equilibria Capital Management received 13,871 and 107,619, respectively, of the shares distributed by Sely I.
( 5 )EQC Private Markets SAC Fund Ltd-EQC Biotech Sely II Fund ("Sely II") distributed 325,799 shares to its partners on a pro rata basis, for no consideration.
( 6 )As partners of Sely II, Fabio Lopez and Daniel Tafur received 6,325 and 2,372, respectively, of the shares distributed by Sely II.

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).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.