Souza Marcio 4
4 · Praxis Precision Medicines, Inc. · Filed Jan 14, 2025
Insider Transaction Report
Form 4
Souza Marcio
DirectorChief Executive Officer
Transactions
- Award
Common Stock
2025-01-10+37,500→ 53,960 total - Award
Stock Option (Right to Buy)
2025-01-10+75,000→ 75,000 totalExercise: $63.15Exp: 2035-01-10→ Common Stock (75,000 underlying)
Holdings
- 3,000(indirect: By Spouse)
Common Stock
Footnotes (2)
- [F1]Mr. Souza was awarded 37,500 restricted stock units. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock. The restricted stock units vest in equal annual installments over a four-year period beginning on the one-year anniversary of the vesting commencement date of January 10, 2025. The restricted stock units may be settled only by delivering shares of the Issuer's Common Stock, and thus, the grant is being reported in Table 1 as allowed per SEC guidance.
- [F2]The shares underlying this stock option vest over a four-year period, with 25% vesting on January 10, 2026 and the remaining 75% vesting in 36 equal monthly installments thereafter, subject to the reporting person's continued service through each vesting date.