Kolchinsky Peter 4
4 · Wave Life Sciences Ltd. · Filed Aug 20, 2020
Insider Transaction Report
Form 4
Kolchinsky Peter
Director10% Owner
Transactions
- Award
Share Option (right to buy)
2020-08-18+10,500→ 10,500 totalExercise: $9.13Exp: 2025-08-18→ Ordinary Shares (10,500 underlying)
Footnotes (2)
- [F1]The reporting person was granted this option pursuant to the Non-Employee Director Compensation Policy. The option vests as to 100% of the shares on the earlier of the Company's 2021 annual general meeting or August 18, 2021.
- [F2]Under the Reporting Person's arrangement with RA Capital Management, L.P. (the "Adviser"), the Reporting Person holds the option for the benefit of the RA Capital Healthcare Fund, L.P. (the "Fund") and a separately managed account (the "Account"). The Reporting Person is obligated to turn over to the Adviser any net cash or stock received from the option, which will offset advisory fees owed by the Fund and the Account to the Adviser. The Reporting Person therefore disclaims beneficial ownership of the option and underlying common stock.