4//SEC Filing
GILL SIMBA 4
Accession 0001694665-23-000160
CIK 0001694665other
Filed
Sep 28, 8:00 PM ET
Accepted
Sep 29, 4:02 PM ET
Size
11.3 KB
Accession
0001694665-23-000160
Insider Transaction Report
Form 4
GILL SIMBA
DirectorPresident & CEO
Transactions
- Exercise/Conversion
Common Stock
2023-09-27+15,000→ 18,754 total - Award
Restricted Stock Units
2023-09-27+60,000→ 60,000 total→ Common Stock (60,000 underlying) - Sale
Common Stock
2023-09-28$3.94/sh−1,996$7,864→ 16,758 total - Exercise/Conversion
Restricted Stock Units
2023-09-27−15,000→ 45,000 total→ Common Stock (15,000 underlying)
Footnotes (4)
- [F1]Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Issuer common stock.
- [F2]The sale reported in the Form 4 was effected pursuant to a Rule 10b5-1 instruction entered into by the Reporting Person on December 7, 2022, solely with the intent to cover withholding taxes in connection with the vesting of certain previously reported restricted stock units.
- [F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within the range of $3.92 to $3.94, inclusive. The Reporting Person undertakes to provide to 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 of this Form 4.
- [F4]The RSUs vested as to 25% of the underlying shares on the grant date of September 27, 2023, with the remaining shares vesting in twelve (12) equal quarterly installments such that all of the RSUs will become vested on the third anniversary of the grant date, subject to the reporting person's continued service to the issuer on each such vesting date. The RSUs have no expiration date.
Documents
Issuer
Evelo Biosciences, Inc.
CIK 0001694665
Entity typeother
Related Parties
1- filerCIK 0001180763
Filing Metadata
- Form type
- 4
- Filed
- Sep 28, 8:00 PM ET
- Accepted
- Sep 29, 4:02 PM ET
- Size
- 11.3 KB