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4//SEC Filing

LEVIN JEREMY M 4

Accession 0001209191-19-013905

CIK 0001636651other

Filed

Feb 25, 7:00 PM ET

Accepted

Feb 26, 9:42 PM ET

Size

9.3 KB

Accession

0001209191-19-013905

Insider Transaction Report

Form 4
Period: 2019-02-22
LEVIN JEREMY M
DirectorCEO
Transactions
  • Purchase

    Common Stock

    2019-02-22$2.00/sh+75,000$150,0004,676,529 total
  • Award

    Employee Stock Option (Right to Buy)

    2019-02-24+250,000250,000 total
    Exercise: $1.89Exp: 2029-02-23Common Stock (250,000 underlying)
Holdings
  • Common Stock

    (indirect: See Footnote)
    35,461
  • Common Stock

    (indirect: See Footnote)
    465,116
Footnotes (3)
  • [F1]The reportable securities are owned directly by Divo Holdings, LLC ("Divo"). The Reporting Person's spouse in the manager of Divo. The Reporting Person disclaims beneficial ownership of these shares and this report shall not be deemed an admission of beneficial ownership of such shares for the purposes of Section 16 or for any other purpose.
  • [F2]The reportable securities are owned directly by DSL-EAL Holdings LLC (the "LLC"). The Reporting Person is the manager of the LLC. The Reporting Person may be deemed to share voting and investment powers for the shares held by the LLC. The Reporting Person disclaims beneficial ownership of the shares held by the LLC and this report shall not be deemed an admission of beneficial ownership of such shares for the purposes of Section 16 or for any other purpose, except to the extent of any pecuniary interest therein.
  • [F3]25% of the shares subject to the Stock Option will vest and become exercisable on February 24, 2020 and the remaining shares will vest in 36 equal monthly installments thereafter subject to the Reporting Person's continued services through such date.

Issuer

Ovid Therapeutics Inc.

CIK 0001636651

Entity typeother

Related Parties

1
  • filerCIK 0001256153

Filing Metadata

Form type
4
Filed
Feb 25, 7:00 PM ET
Accepted
Feb 26, 9:42 PM ET
Size
9.3 KB