4//SEC Filing
DeVaul William 4
Accession 0001209191-24-001801
CIK 0001679363other
Filed
Jan 16, 7:00 PM ET
Accepted
Jan 17, 7:00 PM ET
Size
18.4 KB
Accession
0001209191-24-001801
Insider Transaction Report
Form 4
DeVaul William
General Counsel and Secretary
Transactions
- Exercise/Conversion
Common Stock
2024-01-14+3,250→ 27,538 total - Sale
Common Stock
2024-01-16$27.49/sh−4,509$123,956→ 23,029 total - Exercise/Conversion
Common Stock
2024-01-13+10,950→ 24,288 total - Award
Restricted Stock Unit
2024-01-12+44,400→ 44,400 total→ Common Stock (44,400 underlying) - Exercise/Conversion
Restricted Stock Unit
2024-01-14−3,250→ 6,500 total→ Common Stock (3,250 underlying) - Award
Stock Option (right to buy Common Stock)
2024-01-12+69,600→ 69,600 totalExercise: $27.79Exp: 2034-01-11→ Common Stock (69,600 underlying) - Exercise/Conversion
Restricted Stock Unit
2024-01-13−10,950→ 32,850 total→ Common Stock (10,950 underlying)
Footnotes (6)
- [F1]Each restricted stock unit ("RSU") represents a contingent right to receive 1 share of the issuer's Common Stock upon settlement.
- [F2]The sales reported on this Form 4 represent shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of RSUs. These sales are mandated by the Issuer's election under its equity incentive plans to require the satisfaction of a tax withholding obligation to be funded by a "sell to cover" transaction and do not represent discretionary trades by the Reporting Person.
- [F3]The option vests as to 2.0833% of the total shares monthly, beginning February 12, 2024, with 100% of the total shares vested and exercisable on January 12, 2028, subject to the reporting person's provision of service to the issuer on each vesting date.
- [F4]The RSUs vest as to 25% of the total shares on each of January 12, 2025, January 12, 2026, January 12, 2027 and January 12, 2028, subject to the reporting person's provision of service to the issuer on each vesting date.
- [F5]The RSUs vest as to 25% of the total shares on each of January 13, 2024, January 13, 2025, January 13, 2026 and January 13, 2027, subject to the reporting person's provision of service to the issuer on each vesting date.
- [F6]The RSUs vest as to 25% of the total shares on each of January 14, 2023, January 14, 2024, January 14, 2025 and January 14, 2026, subject to the reporting person's provision of service to the issuer on each vesting date.
Documents
Issuer
Morphic Holding, Inc.
CIK 0001679363
Entity typeother
Related Parties
1- filerCIK 0001780270
Filing Metadata
- Form type
- 4
- Filed
- Jan 16, 7:00 PM ET
- Accepted
- Jan 17, 7:00 PM ET
- Size
- 18.4 KB