4//SEC Filing
Farrell Robert E Jr 4
Accession 0001209191-24-001802
CIK 0001679363other
Filed
Jan 16, 7:00 PM ET
Accepted
Jan 17, 7:01 PM ET
Size
18.5 KB
Accession
0001209191-24-001802
Insider Transaction Report
Form 4
Farrell Robert E Jr
VP Finance and Ops, Secretary
Transactions
- Exercise/Conversion
Restricted Stock Unit
2024-01-14−3,470→ 6,940 total→ Common Stock (3,470 underlying) - Exercise/Conversion
Common Stock
2024-01-14+3,470→ 40,081 total - Exercise/Conversion
Restricted Stock Unit
2024-01-13−12,675→ 38,025 total→ Common Stock (12,675 underlying) - Sale
Common Stock
2024-01-16$27.49/sh−5,089$139,900→ 34,992 total - Award
Restricted Stock Unit
2024-01-12+62,400→ 62,400 total→ Common Stock (62,400 underlying) - Exercise/Conversion
Common Stock
2024-01-13+12,675→ 36,611 total - Award
Stock Option (right to buy Common Stock)
2024-01-12+88,800→ 88,800 totalExercise: $27.79Exp: 2034-01-11→ Common Stock (88,800 underlying)
Footnotes (7)
- [F1]Each restricted stock unit ("RSU") represents a contingent right to receive 1 share of the issuer's Common Stock upon settlement.
- [F2]Includes 228 shares of Common Stock acquired under the issuer's employee stock purchase plan on August 31, 2023.
- [F3]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.
- [F4]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.
- [F5]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.
- [F6]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.
- [F7]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 0001592280
Filing Metadata
- Form type
- 4
- Filed
- Jan 16, 7:00 PM ET
- Accepted
- Jan 17, 7:01 PM ET
- Size
- 18.5 KB