4//SEC Filing
Smith Nicholas Conrad 4
Accession 0001999480-25-000062
CIK 0001999480other
Filed
Jul 7, 8:00 PM ET
Accepted
Jul 8, 5:20 PM ET
Size
27.1 KB
Accession
0001999480-25-000062
Insider Transaction Report
Form 4
Smith Nicholas Conrad
CHIEF FINANCIAL OFFICER & CBO
Transactions
- Award
Employee Stock Option (Right to Buy)
2025-07-03+90,000→ 90,000 totalExercise: $2.35Exp: 2034-02-28→ Common Stock (90,000 underlying) - Disposition to Issuer
Employee Stock Option (Right to Buy)
2025-07-03−90,000→ 0 totalExercise: $14.88Exp: 2034-02-28→ Common Stock (90,000 underlying) - Disposition to Issuer
Employee Stock Option (Right to Buy)
2025-07-03−135,000→ 0 totalExercise: $4.20Exp: 2035-02-04→ Common Stock (135,000 underlying) - Award
Employee Stock Option (Right to Buy)
2025-07-03+44,962→ 44,962 totalExercise: $2.35Exp: 2032-09-21→ Common Stock (44,962 underlying) - Disposition to Issuer
Employee Stock Option (Right to Buy)
2025-07-03−44,962→ 0 totalExercise: $6.23Exp: 2032-09-21→ Common Stock (44,962 underlying) - Award
Employee Stock Option (Right to Buy)
2025-07-03+33,833→ 33,833 totalExercise: $2.35Exp: 2033-04-13→ Common Stock (33,833 underlying) - Disposition to Issuer
Employee Stock Option (Right to Buy)
2025-07-03−33,833→ 0 totalExercise: $6.23Exp: 2033-04-13→ Common Stock (33,833 underlying) - Award
Employee Stock Option (Right to Buy)
2025-07-03+202,329→ 202,329 totalExercise: $2.35Exp: 2033-12-19→ Common Stock (202,329 underlying) - Disposition to Issuer
Employee Stock Option (Right to Buy)
2025-07-03−202,329→ 0 totalExercise: $5.30Exp: 2033-12-19→ Common Stock (202,329 underlying) - Award
Employee Stock Option (Right to Buy)
2025-07-03+135,000→ 135,000 totalExercise: $2.35Exp: 2035-02-04→ Common Stock (135,000 underlying)
Footnotes (7)
- [F1]One forty-eighth (1/48th) of the shares underlying the option vested or shall vest on a monthly basis commencing on the one-month anniversary of September 21, 2022, subject to the Reporting Person's continuous service through such vesting date.
- [F2]The transactions reported herein reflect a one-time stock option repricing (the "Option Repricing") effective on July 3, 2025 (the "Repricing Date"). The Option Repricing applies to options with exercise prices greater than $2.35 per share held by continuing employees of the Issuer as of the Repricing Date.
- [F3]Pursuant to the Option Repricing, the exercise price of the repriced options has been amended to reduce the exercise price to $2.35 per share, the closing price of the Issuer's common stock on the Repricing Date. However, if an employee exercises a repriced option before the end of a retention period of one year (subject to earlier termination in certain circumstances), such employee will be required to pay the original exercise price per share of such repriced option. There is no change to the vesting schedules, expiration dates of, or number of shares underlying the repriced options.
- [F4]25% of the shares underlying the option vested on January 1, 2024, and one forty-eighth (1/48th) of the shares underlying the option vested or shall vest in monthly installments thereafter, subject to the Reporting Person's continuous service through each such vesting date.
- [F5]One-third (1/3rd) of the shares underlying the option vested upon the completion of the Issuer's initial public offering and two-thirds (2/3) of the shares underlying the option vested or shall vest over a period of four years. 25% of the shares underlying the time-based portion vested on December 20, 2024, and 1/48 of the shares underlying the time-based portion vested or shall vest on a monthly basis thereafter, subject to the Reporting Person's continuous service through such vesting date.
- [F6]25% of the shares underlying the option vested on March 1, 2025, and one forty-eighth (1/48th) of the shares underlying the option vested or shall vest in monthly installments thereafter, subject to the Reporting Person's continuous service through each such vesting date.
- [F7]25% of the shares underlying the option shall vest on February 5, 2026, and one forty-eighth (1/48th) of the shares underlying the option shall vest in monthly installments thereafter, subject to the Reporting Person's continuous service through each such vesting date.
Documents
Issuer
Alto Neuroscience, Inc.
CIK 0001999480
Entity typeother
Related Parties
1- filerCIK 0002009130
Filing Metadata
- Form type
- 4
- Filed
- Jul 7, 8:00 PM ET
- Accepted
- Jul 8, 5:20 PM ET
- Size
- 27.1 KB