Ownership Submission
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 OF SECURITIES

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: January 31, 2005
Estimated average burden hours per response... 0.5

(Print or Type Responses)
1. Name and Address of Reporting Person *
Arch Venture Fund VII LP
  2. Issuer Name and Ticker or Trading Symbol
Pulmatrix, Inc. [PULM]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
_____ Officer (give title below) __X__ Other (specify below)
Former 10% Owner
(Last)
(First)
(Middle)
8755 W HIGGINS ROAD, SUITE 1025, 
3. Date of Earliest Transaction (Month/Day/Year)
04/03/2018
(Street)

CHICAGO, IL 60631
4. If Amendment, Date Original Filed(Month/Day/Year)
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 (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 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

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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 control number. SEC 1474 (9-02)

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 (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 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
(Month/Day/Year)
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
Arch Venture Fund VII LP
8755 W HIGGINS ROAD, SUITE 1025
CHICAGO, IL 60631
      Former 10% Owner
ARCH Venture Partners VII, L.P.
8755 W HIGGINS ROAD, SUITE 1025
CHICAGO, IL 60631
      Former 10% Owner
ARCH Venture Partners VII, LLC
8755 W HIGGINS ROAD, SUITE 1025
CHICAGO, IL 60631
      Former 10% Owner
CRANDELL KEITH
C/O ARCH VENTURE FUND VII
8755 W HIGGINS ROAD, SUITE 1025
CHICAGO, IL 60631
      Former 10% Owner
BYBEE CLINTON
C/O ARCH VENTURE FUND VII
8755 W HIGGINS ROAD, SUITE 1025
CHICAGO, IL 60631
      Former 10% Owner
NELSEN ROBERT
C/O ARCH VENTURE FUND VII
8755 W HIGGINS ROAD, SUITE 1025
CHICAGO, IL 60631
      Former 10% Owner

Signatures

 /s/ Mark McDonnell, as Attorney-in-Fact for Keith Crandell, Managing Director of the general partner of the general partner of ARCH Venture Fund VII, L.P.   04/12/2018
**Signature of Reporting Person Date

 /s/ Mark McDonnell, as Attorney-in-Fact for Keith Crandell, Managing Director of the general partner of ARCH Venture Partners VII, L.P.   04/12/2018
**Signature of Reporting Person Date

 /s/ Mark McDonnell, as Attorney-in-Fact for Keith Crandell, Managing Director of ARCH Venture Partners VII, LLC   04/12/2018
**Signature of Reporting Person Date

 /s/ Mark McDonnell, as Attorney-in-Fact for Keith Crandell   04/12/2018
**Signature of Reporting Person Date

 /s/ Mark McDonnell, as Attorney-in-Fact for Clinton Bybee   04/12/2018
**Signature of Reporting Person Date

 /s/ Mark McDonnell, as Attorney-in-Fact for Robert Nelsen   04/12/2018
**Signature of Reporting Person Date

Explanation of Responses:

* 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).
 
Remarks:
As a result of the closing of the issuer's public offering of units consisting of common stock, Series A warrants and Series B warrants on April 3, 2018, the reporting persons ceased to beneficially own more than 10% of the issuer's common stock. Accordingly, the reporting persons are no longer subject to Section 16 in connection with their transactions in the equity securities of the issuer and will no longer report any such transactions on Form 4 or Form 5.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.