Home/Filings/4/0001104659-21-088387
4//SEC Filing

Resnick Joshua 4

Accession 0001104659-21-088387

CIK 0001798749other

Filed

Jun 30, 8:00 PM ET

Accepted

Jul 1, 6:36 PM ET

Size

6.0 KB

Accession

0001104659-21-088387

Insider Transaction Report

Form 4
Period: 2021-06-29
Transactions
  • Award

    Stock Option (Right to Buy)

    2021-06-29+25,00025,000 total
    Exercise: $14.00Exp: 2031-06-28Common Stock (25,000 underlying)
Footnotes (2)
  • [F1]This option shall vest in 36 substantially equal monthly installments, with the first installment vesting on July 29, 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 RA Capital Nexus Fund, L.P. (the "Nexus Fund"). 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 Nexus Fund to the Adviser. The Reporting Person therefore disclaims beneficial ownership of the option and underlying common stock.

Issuer

Aerovate Therapeutics, Inc.

CIK 0001798749

Entity typeother

Related Parties

1
  • filerCIK 0001690959

Filing Metadata

Form type
4
Filed
Jun 30, 8:00 PM ET
Accepted
Jul 1, 6:36 PM ET
Size
6.0 KB