Dittman Jennifer 4
4 · Third Harmonic Bio, Inc. · Filed May 20, 2024
Insider Transaction Report
Form 4
Dittman Jennifer
Chief Operating Officer
Transactions
- Sale
Common Stock
2024-05-16$14.04/sh−23,578$331,066→ 0 total - Award
Common Stock
2024-05-16$4.20/sh+6,912$29,030→ 23,578 total - Award
Employee Stock Option (right to buy)
2024-05-16+100,000→ 100,000 totalExercise: $14.23Exp: 2034-05-15→ Common Stock (100,000 underlying) - Exercise/Conversion
Employee Stock Option (right to buy)
2024-05-16−16,666→ 33,334 totalExercise: $4.30Exp: 2032-12-18→ Common Stock (16,666 underlying) - Award
Common Stock
2024-05-16$4.30/sh+16,666$71,664→ 16,666 total - Exercise/Conversion
Employee Stock Option (right to buy)
2024-05-16−6,912→ 16,788 totalExercise: $4.20Exp: 2033-03-05→ Common Stock (6,912 underlying)
Footnotes (5)
- [F1]The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 27, 2024.
- [F2]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.00 to $14.0778 per share, 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.
- [F3]25% of the total shares vest on May 16, 2025, and thereafter 2.08333% of the total shares underlying the award shall vest in equal monthly installments until fully vested, subject to the Reporting Person's continued service to the Issuer on each vesting date.
- [F4]25% of the total shares vest on December 19, 2023, and thereafter 2.08333% of the total shares underlying the award shall vest in equal monthly installments until fully vested, subject to the Reporting Person's continued service to the Issuer on each vesting date.
- [F5]The option vests over a four-year period: 1/48th on April 6, 2023, after which 1/48th of the total shares vest monthly, subject to continued service through each vesting date.