Keen Nicholas 4
4 · BICYCLE THERAPEUTICS plc · Filed Oct 5, 2023
Insider Transaction Report
Form 4
Keen Nicholas
Chief Scientific Officer
Transactions
- Sale
Ordinary Shares
2023-10-03$20.00/sh−272$5,440→ 38,233 total
Holdings
- 7,000(indirect: By GRAT)
Ordinary Shares
Footnotes (2)
- [F1]Represents the number of shares required to be sold to cover the statutory tax withholding obligations in connection with the vesting and settlement of restricted stock units. This sale is mandated by the Reporting Person's award agreement that requires the satisfaction of minimum statutory tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary sale by the Reporting Person.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $19.91 to $20.00 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.