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(a)
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Amount beneficially owned:
See row 9 of the cover page of each Reporting Person.
As of December 31, 2019, the general partner of Tullis-Dickerson Capital Focus III, L.P., Tullis Dickerson Partners III, L.L.C. is deemed to beneficially own 1,222,670 shares of the Issuers common stock. As the general partner of Tullis Growth Fund, L.P. , Tullis-Growth Partners, L.L.C. is deemed to beneficially own 751,443 shares of the Issuers common stock. As the general partner of Tullis Growth Fund II, L.P., Tullis-Growth Partners II, LLC is deemed to beneficially own 105,453 shares of the Issuers common stock. James L.L. Tullis, in his individual capacity, beneficially owns 54,540 shares of the Issuers common stock and is a principal of each of the foregoing entities and may be deemed to possess voting and investment control over, and may be deemed to have an indirect beneficial ownership with respect to the shares held by Tullis-Dickerson Capital Focus III, L.P., Tullis Growth Fund, L.P., and Tullis Growth Fund II, L.P.
Pursuant to Rule 13d-4 of the Securities Exchange Act of 1934, as amended (the Exchange Act), the Reporting Persons declare that filing this Schedule 13G shall not be construed as an admission that any such person is, for the purposes of Section 13(d) and/or Section 13(g) of the Exchange Act, the beneficial owner of any Common Stock covered by this Schedule 13G except to the extent of such persons direct ownership of such Common Stock, and except to the extent of such direct ownership, such beneficial ownership is expressly disclaimed by each Reporting Person.
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(b)
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Percent of class:
i. Tullis-Dickerson Capital Focus III, L.P.: 9.7%
ii. Tullis-Dickerson Partners III, L.L.C.: 9.7%
iii. Tullis Growth Fund, L.P.: 6%
iv. Tullis-Growth Partners, L.L.C.: 6%
v. Tullis Growth Fund II, L.P.: 08%
vi. Tullis-Growth Partners II, L.L.C., 0.8%
vii. James L. L. Tullis: 16.6% as a principal of each of the foregoing entities and 0.4%, individually
The calculations of beneficial ownership percentages are based on 12,560,990 shares of common stock outstanding as of November 8, 2019, as reported by the Issuer in its Form 10-Q filed with the Securities and Exchange Commission on November 12, 2019.
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