Simson Jake 4
4 · Septerna, Inc. · Filed Jun 20, 2025
Insider Transaction Report
Form 4
Septerna, Inc.SEPN
Simson Jake
Director
Transactions
- Award
Stock Option (Right to Buy)
2025-06-17+16,623→ 16,623 totalExercise: $10.24Exp: 2035-06-16→ Common Stock (16,623 underlying)
Footnotes (2)
- [F1]The shares underlying the stock option will vest in full upon the earlier of (i) June 17, 2026 or (ii) the Issuer's next annual meeting of stockholders, subject to the Reporting Person's continued service to the Issuer through such vesting date.
- [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 R.A. Capital Healthcare Fund, L.P. (the "Fund") and R.A. Capital Nexus Fund III, L.P. (the "Nexus Fund III"). The Reporting Person is obligated to turn over to the Adviser any net cash or stock received upon exercise of the option, which will offset advisory fees owed by the Fund and the Nexus Fund III to the Adviser. The Reporting Person therefore disclaims beneficial ownership of the option and underlying common stock.