Explanation of
Responses: |
(1) |
New Enterprise Associates
15, L.P. ("NEA 15") made a pro rata distribution for no
consideration of an aggregate of 21,794,173 shares of Class A
Common Stock of the Issuer to its general partner and limited
partners on May 2, 2022. |
(2) |
The Reporting Person is a
manager of NEA 15 GP, LLC ("NEA 15 GP"), which is the sole general
partner of NEA Partners 15, L.P. ("NEA Partners 15"). NEA Partners
15 is the sole general partner of NEA 15, the direct beneficial
owner of the securities. The Reporting Person disclaims beneficial
ownership within the meaning of Section 16 of the Securities
Exchange Act of 1934, as amended, or otherwise of such portion of
the securities held by NEA 15 in which the Reporting Person has no
pecuniary interest. |
(3) |
NEA Partners 15 received
326,913 shares of Class A Common Stock of the Issuer in the
distribution by NEA 15 on May 2, 2022. |
(4) |
The Reporting Person is a
manager of NEA 15 GP, which is the sole general partner of NEA
Partners 15, the direct beneficial owner of the securities. The
Reporting Person disclaims beneficial ownership within the meaning
of Section 16 of the Securities Exchange Act of 1934, as amended,
or otherwise of such portion of the securities held by NEA Partners
15 in which the Reporting Person has no pecuniary
interest. |
(5) |
NEA Partners 15 made a pro
rata distribution for no consideration of an aggregate of 326,913
shares of Class A Common Stock of the Issuer to its limited
partners on May 2, 2022. |
(6) |
New Enterprise Associates
17, L.P. ("NEA 17") made a pro rata distribution for no
consideration of an aggregate of 2,028,736 shares of Class A Common
Stock of the Issuer to its general partner and limited partners on
May 2, 2022. |
(7) |
The Reporting Person is a
manager of NEA 17 GP, LLC ("NEA 17 GP"), which is the sole general
partner of NEA Partners 17, L.P. ("NEA Partners 17"). NEA Partners
17 is the sole general partner of NEA 17, the direct beneficial
owner of the securities. The Reporting Person disclaims beneficial
ownership within the meaning of Section 16 of the Securities
Exchange Act of 1934, as amended, or otherwise of such portion of
the securities held by NEA 17 in which the Reporting Person has no
pecuniary interest. |
(8) |
NEA Partners 17 received
30,431 shares of Class A Common Stock of the Issuer in the
distribution by NEA 17 on May 2, 2022. |
(9) |
The Reporting Person is a
manager of NEA 17 GP, which is the sole general partner of NEA
Partners 17, the direct beneficial owner of the securities. The
Reporting Person disclaims beneficial ownership within the meaning
of Section 16 of the Securities Exchange Act of 1934, as amended,
or otherwise of such portion of the securities held by NEA Partners
17 in which the Reporting Person has no pecuniary
interest. |
(10) |
NEA Partners 17 made a
distribution for no consideration of an aggregate of 30,431 shares
of Class A Common Stock of the Issuer to a limited partner on May
2, 2022. |
(11) |
The Reporting Person, as
trustee of the Blue Mountain Trust, dated April 29, 2019 (the "Blue
Mountain Trust"), received 13,422 shares of Class A Common Stock of
the Issuer in the distribution by NEA Partners 15 on May 2,
2022. |
(12) |
The Reporting Person is the
trustee of the Blue Mountain Trust, which is the direct beneficial
owner of the securities. The Reporting Person disclaims beneficial
ownership within the meaning of Section 16 of the 1934 Act, as
amended, or otherwise of such portion of the securities held by the
Blue Mountain Trust in which the Reporting Person has no pecuniary
interest. |
(13) |
Genevieve P. Hardigg, as
trustee of the Scott Sandell Rising River Trust, dated December 20,
2012 (the "Scott Sandell Rising River Trust"), received 2,127
shares of Class A Common Stock of the Issuer in the distribution by
NEA Partners 15 on May 2, 2022. |
(14) |
The securities are held
directly by the Scott Sandell Rising River Trust. The Reporting
Person disclaims beneficial ownership within the meaning of Section
16 of the Securities Exchange Act of 1934, as amended, or otherwise
of such portion of the securities held by the Scott Sandell Rising
River Trust in which the Reporting Person has no pecuniary
interest. |
(15) |
Genevieve P. Hardigg, as
trustee of the Jennifer Ayer Sandell Rising River Trust, dated
December 20, 2012 (the "Jennifer Sandell Rising River Trust"),
received 2,127 shares of Class Common Stock of the Issuer in the
distribution by NEA Partners 15 on May 2, 2022. |
(16) |
The securities are held
directly by the Jennifer Sandell Rising River Trust. The Reporting
Person disclaims beneficial ownership within the meaning of Section
16 of the Securities Exchange Act of 1934, as amended, or otherwise
of such portion of the securities held by the Jennifer Sandell
Rising River Trust in which the Reporting Person has no pecuniary
interest. |
(17) |
NEA Investment Holdings CF,
LLC ("NEA Holdings CF"), the managing member of NEA Investments TC,
LLC ("NEA Investments TC"), received 1,952 shares of Class A Common
Stock of the Issuer in a distribution by NEA Investments TC on May
2, 2022. NEA Investments TC received the shares in a distribution
from its wholly owned subsidiary, New Enterprise Associates, LLC
("NEA LLC"), which shares were received in the distribution by NEA
15 on May 2, 2022 |
(18) |
The Reporting Person is a
member of the Board of Directors of NEA LLC, the direct beneficial
owner of the securities. The Reporting Person disclaims beneficial
ownership within the meaning of Section 16 of the Securities
Exchange Act of 1934, as amended, or otherwise of such portion of
the securities held by NEA LLC in which the Reporting Person has no
pecuniary interest. |
(19) |
The price reported in Column
4 is a weighted average price. These shares were sold in multiple
transactions at prices ranging from $10.03 to $10.075, inclusive.
The Reporting Person undertakes to provide to the Issuer, any
security holder of the Issuer, 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 range set
forth in this footnote (19) to this Form 4. |