4//SEC Filing
Derby Michael 4
Accession 0001062993-23-021595
CIK 0001811623other
Filed
Nov 28, 7:00 PM ET
Accepted
Nov 29, 4:08 PM ET
Size
6.2 KB
Accession
0001062993-23-021595
Insider Transaction Report
Form 4
PaxMedica, Inc.PXMD
Derby Michael
DirectorExecutive Chairman10% Owner
Transactions
- Sale
Common Stock
2023-11-27$1.03/sh−185$190→ 25,650 total
Holdings
- 431,574(indirect: By LLC)
Common Stock
Footnotes (4)
- [F1]The sales reported in this Form 4 were effected pursuant to the Reporting Person's pre-existing Rule 10b5-1 trading plan to, inter alia, pay tax withholding on vested RSUs.
- [F2]The sale price represents the weighted average sale price of the shares sold ranging from $0.97 to $1.03 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the reporting person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
- [F3]The reporting person is the managing partner of TardiMed Sciences, LLC and has sole voting and dispositive control over the shares of Common Stock held by the entity. The reporting person disclaims beneficial ownership of the securities except to the extent of his pecuniary interest therein.
- [F4]Reflects a 1-for-17 reverse stock split effective October 30, 2023.
Issuer
PaxMedica, Inc.
CIK 0001811623
Entity typeother
Related Parties
1- filerCIK 0001809613
Filing Metadata
- Form type
- 4
- Filed
- Nov 28, 7:00 PM ET
- Accepted
- Nov 29, 4:08 PM ET
- Size
- 6.2 KB