Home/Filings/4/0001209191-22-031515
4//SEC Filing

Thye Dirk 4

Accession 0001209191-22-031515

CIK 0001662774other

Filed

May 22, 8:00 PM ET

Accepted

May 23, 8:29 PM ET

Size

10.2 KB

Accession

0001209191-22-031515

Insider Transaction Report

Form 4
Period: 2022-05-19
Thye Dirk
DirectorCEO and CMO
Transactions
  • Award

    Common Stock

    2022-05-19+64,58964,589 total
  • Award

    Employee Stock Option (right to buy)

    2022-05-19+206,391206,391 total
    Exercise: $0.55Exp: 2022-03-27Common Stock (206,391 underlying)
  • Award

    Employee Stock Option (right to buy)

    2022-05-23+1,979,6501,979,650 total
    Exercise: $2.98Exp: 2032-05-22Common Stock (1,979,650 underlying)
Footnotes (3)
  • [F1]On March 19, 2022, the Issuer completed acquisition (the "Merger") of Novosteo Inc. ("Novosteo"), pursuant to that certain Agreement and Plan of Merger and Reorganization, dated as of May 9, 2022, (the "Merger Agreement"), by and among the Issuer, Quince Merger Sub I, Inc., a wholly owned subsidiary of the Issuer, Quince Merger Sub II, LLC, a wholly owned subsidiary of the Issuer, Novosteo, and Fortis Advisors LLC, solely in its capacity as the securityholders' representative. Pursuant to the terms of the Merger Agreement, at the closing of the Merger, the shares held by the Reporting Person in Novosteo were automatically cancelled and converted into the right to receive shares of common stock of the Issuer.
  • [F2]The shares subject to the option shall vest over a four-year period, with 25% of the shares subject to the option vesting on the first anniversary of the vesting commencement date and the remainder vesting in 36 equal monthly installments over the following three years.
  • [F3]Received in the Merger in exchange for an employee stock option to acquire 2,266,500 shares of Novosteo common stock for $0.05 per share.

Issuer

Cortexyme, Inc.

CIK 0001662774

Entity typeother

Related Parties

1
  • filerCIK 0001638945

Filing Metadata

Form type
4
Filed
May 22, 8:00 PM ET
Accepted
May 23, 8:29 PM ET
Size
10.2 KB