Gordon Carl L Form 3 SELECTA BIOSCIENCES / CARL L GORDON ownership change

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

GORDON CARL L

(Last)

(First)

(Middle)

C/O SELECTA BIOSCIENCES, INC.

480 ARSENAL STREET, BUILDING ONE

(Street)

WATERTOWN

02472

(City)

(State)

(Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
06/21/2016

3. Issuer Name and Ticker or Trading Symbol
SELECTA BIOSCIENCES INC [ SELB ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	1,082	I	See Footnote⁽¹⁾⁽⁴⁾
Common Stock	113,720	I	See Footnote⁽²⁾⁽⁴⁾

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
Series C Convertible Preferred Stock	⁽³⁾	⁽³⁾	Common Stock	3,628	⁽³⁾	I	See Footnote⁽¹⁾⁽⁴⁾
Series C Convertible Preferred Stock	⁽³⁾	⁽³⁾	Common Stock	380,986	⁽³⁾	I	See Footnote⁽²⁾⁽⁴⁾
Series D Convertible Preferred Stock	⁽³⁾	⁽³⁾	Common Stock	739	⁽³⁾	I	See Footnote⁽¹⁾⁽⁴⁾
Series D Convertible Preferred Stock	⁽³⁾	⁽³⁾	Common Stock	77,697	⁽³⁾	I	See Footnote⁽²⁾⁽⁴⁾
Series E Convertible Preferred Stock	⁽³⁾	⁽³⁾	Common Stock	4,351	⁽³⁾	I	See Footnote⁽¹⁾⁽⁴⁾
Series E Convertible Preferred Stock	⁽³⁾	⁽³⁾	Common Stock	456,870	⁽³⁾	I	See Footnote⁽²⁾⁽⁴⁾
Common Warrants	07/24/2015	07/24/2018	Common Stock	61	17.55	I	See Footnote⁽¹⁾⁽⁴⁾
Common Warrants	07/24/2015	07/24/2018	Common Stock	6,513	17.55	I	See Footnote⁽²⁾⁽⁴⁾

Explanation of Responses:

1. The reportable securities are owned directly by OrbiMed Associates III, LP ("Associates III"). OrbiMed Advisors LLC ("Advisors") is the general partner of Associates III. Samuel D. Isaly ("Isaly"), a natural person, is the managing member of and owner of a controlling interest in Advisors. By virtue of such relationships, Advisors and Isaly may be deemed to have voting and investment power over the securities held by Associates III and as a result may be deemed to have beneficial ownership over such securities. The Reporting Person is a member of Advisors.

2. The reportable securities are owned directly by OrbiMed Private Investments III, LP ("OPI III"). OrbiMed Capital GP III LLC ("GP III") is the general partner of OPI III, and Advisors is the managing member of GP III. Isaly is the managing member of and owner of a controlling interest in Advisors. By virtue of such relationships, GP III, Advisors and Isaly may be deemed to have voting and investment power over the securities held by OPI III and as a result may be deemed to have beneficial ownership over such securities.

3. The preferred stock is convertible at any time, at the holder's election and has no expiration date. The preferred stock will automatically convert into common stock upon the closing of the Issuer's initial public offering.

4. Each of GP III, Advisors, Islay and the reporting person disclaims beneficial ownership of the securities reported herein for purposes of Rule 16a-1(a) under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), except to the extent of its or his pecuniary interest therein, if any. This report shall not be deemed an admission that any of GP III, Advisors, Islay, or the Reporting Person is a beneficial owner for the purpose of Section 16 of the Exchange Act, or for any other purpose.

Remarks:

Exhibit 24 - Power of Attorney

	/s/ David Siewers, attorney-in-fact	06/21/2016
	** Signature of Reporting Person	Date
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 5 (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.

Gordon Carl L Form 3SELECTA BIOSCIENCES / CARL L GORDON ownership change