4//SEC Filing
Derby Michael 4
Accession 0001104659-23-029720
CIK 0001811623other
Filed
Mar 6, 7:00 PM ET
Accepted
Mar 7, 7:17 PM ET
Size
8.3 KB
Accession
0001104659-23-029720
Insider Transaction Report
Form 4
PaxMedica, Inc.PXMD
Derby Michael
DirectorExecutive Chairman10% Owner
Transactions
- Sale
Common Stock
2023-03-06$1.72/sh−13,828$23,784→ 341,707 total - Sale
Common Stock
2023-03-07$1.55/sh−15,134$23,458→ 326,573 total
Holdings
- 7,336,745(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. Shares were sold by the Reporting Person to generate proceeds used to satisfy the tax withholding obligation that arose upon the vesting of restricted stock units granted to the Reporting Person.
- [F2]This sale price represents the weighted average sale price of the shares sold ranging from $1.90 to $1.66 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]This sale price represents the weighted average sale price of the shares sold ranging from $1.67 to $1.45 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.
- [F4]The reporting person is the Managing Partner of TardiMed and has sole voting and dispositive control over the shares of Common Stock held by the entity. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.
Documents
Issuer
PaxMedica, Inc.
CIK 0001811623
Entity typeother
Related Parties
1- filerCIK 0001809613
Filing Metadata
- Form type
- 4
- Filed
- Mar 6, 7:00 PM ET
- Accepted
- Mar 7, 7:17 PM ET
- Size
- 8.3 KB