Sec Form 4 Filing - Hu Edward @ Viela Bio, Inc. - 2019-10-07

Insider filing report for Changes in Beneficial Ownership
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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
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1. Name and Address of Reporting Person
Hu Edward
2. Issuer Name and Ticker or Trading Symbol
Viela Bio, Inc. [ VIE]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
C/O VIELA BIO, INC.,, ONE MEDIMMUNE WAY, FIRST FLOOR, AREA TWO
3. Date of Earliest Transaction (MM/DD/YY)
10/07/2019
(Street)
GAITHERSBURG, MD20878
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ 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 10/07/2019 C 3,230,000 A 3,230,000 I Held by 6 Dimensions Capital, L.P. ( 2 )
Common Stock 10/07/2019 C 170,000 A 3,400,000 I Held by 6 Dimension Affiliates Fund, L.P. ( 2 )
Common Stock 10/07/2019 C 894,118 A 4,294,118 I Held by 6 Dimensions Capital, L.P. ( 2 )
Common Stock 10/07/2019 C 47,059 A 4,341,177 I Held by 6 Dimension Affiliates Fund, L.P. ( 2 )
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 Deriv ative 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
Series A-2 Preferred Stock ( 1 ) 10/07/2019 C 3,230,000 ( 3 ) ( 4 ) Common Stock 3,230,000 ( 1 ) 0 I Held by 6 Dimensions Capital, L.P. ( 2 )
Series A-2 Preferred Stock ( 1 ) 10/07/2019 C 170,000 ( 3 ) ( 4 ) Common Stock 170,000 ( 1 ) 0 I Held by 6 Dimension Affiliates Fund, L.P. ( 2 )
Series A-3 Preferred Stock ( 1 ) 10/07/2019 C 894,118 ( 3 ) ( 4 ) Common Stock 894,118 ( 1 ) 0 I Held by 6 Dimensions Capital, L.P. ( 2 )
Series A-3 Preferred Stock ( 1 ) 10/07/2019 C 47,059 ( 3 ) ( 4 ) Common Stock 47,059 ( 1 ) 0 I Held by 6 Dimension Affiliates Fund, L.P. ( 2 )
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Hu Edward
C/O VIELA BIO, INC.,
ONE MEDIMMUNE WAY, FIRST FLOOR, AREA TWO
GAITHERSBURG, MD20878
X
Signatures
/s/ Allyson Wilkinson, Attorney-in-fact 10/07/2019
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The shares of preferred stock automatically converted into common stock immediately upon completion of the Issuer's initial public offering on a 1-for-1 basis.
( 2 )Mr. Hu is Managing Partner of 6 Dimensions Capital, L.P. and 6 Dimensions Affiliates Fund, L.P. and may be deemed to beneficially own the shares held by 6 Dimensions Capital, L.P. and 6 Dimensions Affiliates Fund, L.P. Mr. Hu disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein, if any.
( 3 )The shares of preferred stock were convertible into the Issuer's common stock in accordance with the Issuer's Restated Certificate of Incorporation, as amended, immediately upon completion of the Issuer's initial public offering.
( 4 )Not applicable.

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