4//SEC Filing
Pimblett Emily 4
Accession 0000950170-25-042777
CIK 0001768446other
Filed
Mar 19, 8:00 PM ET
Accepted
Mar 20, 5:21 PM ET
Size
9.6 KB
Accession
0000950170-25-042777
Insider Transaction Report
Form 4
Climb Bio, Inc.CLYM
Pimblett Emily
SVP, Finance & CAO
Transactions
- Exercise/Conversion
Common Stock
2025-03-18+5,000→ 16,329 total - Sale
Common Stock
2025-03-20$1.31/sh−1,199$1,571→ 15,130 total - Exercise/Conversion
Restricted Stock Units
2025-03-18−5,000→ 20,000 total→ Common Stock (5,000 underlying)
Footnotes (5)
- [F1]Each restricted stock unit ("RSU") converted into one share of the Issuer's Common Stock.
- [F2]The sale reported on this Form 4 was made pursuant to a 10b5-1 trading plan adopted by the Reporting Person on April 27, 2024 to cover tax withholding obligations in connection with the vesting and settlement of the Reporting Person's RSUs.
- [F3]The price reported is a weighted average price. These shares were sold in multiple transactions at prices within the range of $1.31 to $1.325, 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 Form 4.
- [F4]Each RSU represents a contingent right to receive one share of the Issuer's Common Stock.
- [F5]The shares subject to this RSU shall vest at a rate of 1/8th of the total number of shares on the three-month anniversary of March 18, 2024 (the "March 2024 Vesting Commencement Date") and 1/8th of the total number of shares each three-month anniversary of the March 2024 Vesting Commencement Date thereafter for so long as the Reporting Person provides continuous service to the Issuer, such that the total number of shares shall be fully vested on the two-year anniversary of the March 2024 Vesting Commencement Date.
Documents
Issuer
Climb Bio, Inc.
CIK 0001768446
Entity typeother
Related Parties
1- filerCIK 0001969365
Filing Metadata
- Form type
- 4
- Filed
- Mar 19, 8:00 PM ET
- Accepted
- Mar 20, 5:21 PM ET
- Size
- 9.6 KB