4//SEC Filing
Milnes Alistair 4
Accession 0001209191-24-000877
CIK 0001761612other
Filed
Jan 3, 7:00 PM ET
Accepted
Jan 4, 6:27 PM ET
Size
10.3 KB
Accession
0001209191-24-000877
Insider Transaction Report
Form 4
Milnes Alistair
CHIEF OPERATING OFFICER
Transactions
- Sale
Ordinary Shares
2024-01-03$17.50/sh−2,643$46,253→ 73,196 total - Award
Ordinary Shares
2024-01-02+39,000→ 75,839 total - Award
Employee Stock Option (right to buy)
2024-01-02+77,000→ 77,000 totalExercise: $18.08Exp: 2034-01-02→ Ordinary Shares (77,000 underlying)
Footnotes (5)
- [F1]Represents a restricted stock unit ("RSU") award. One-fourth (1/4) of the total number of RSUs shall vest on January 2, 2025 and the remaining RSUs shall vest in 12 equal quarterly installments thereafter.
- [F2]Each RSU represents a contingent right to receive one ordinary share.
- [F3]Represents the number of shares required to be sold to cover the statutory tax withholding obligations in connection with the vesting and settlement of the RSUs. 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.
- [F4]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $17.07 to $18.02 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.
- [F5]This option shall vest one-fourth (1/4) of the total number of shares underlying the option on January 2, 2025 and the remaining shares in 36 equal monthly installments thereafter.
Documents
Issuer
BICYCLE THERAPEUTICS plc
CIK 0001761612
Entity typeother
Related Parties
1- filerCIK 0001901321
Filing Metadata
- Form type
- 4
- Filed
- Jan 3, 7:00 PM ET
- Accepted
- Jan 4, 6:27 PM ET
- Size
- 10.3 KB