Halperin Wernli Miri 4
4 · Mind Medicine (MindMed) Inc. · Filed Aug 22, 2024
Insider Transaction Report
Form 4
Wernli Miri Halperin
DirectorExecutive President
Transactions
- Exercise/Conversion
Common Shares
2024-08-21$3.70/sh+50,000$185,000→ 235,000 total - Tax Payment
Common Shares
2024-08-21$6.17/sh−32,595$201,111→ 202,405 total - Exercise/Conversion
Stock Option (Right to Buy)
2024-08-21−50,000→ 0 totalExercise: $3.70Exp: 2025-02-27→ Common Shares (50,000 underlying)
Footnotes (3)
- [F1]Exercise of Reporting Person's stock option that would otherwise expire February 27, 2025.
- [F2]Transaction represents a "net exercise" of an outstanding stock option to purchase an aggregate of 50,000 common shares of the Issuer granted on February 27, 2020. The Reporting Person received 17,405 common shares of the Issuer on the net exercise of the stock option. The Issuer withheld 32,595 common shares underlying the stock option for payment of the exercise price and tax withholding using a stock price of $6.17, which represents the closing price of the Issuer's common shares on August 20, 2024, the day before the exercise.
- [F3]Represents the option to purchase 50,000 common shares of the Issuer, which vested over a period of four years following the date of the grant of February 27, 2020. All such options are fully vested.