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Avidity Biosciences, Inc. — Director's Dealing 2024
May 21, 2024
30894_dirs_2024-05-21_3f4c2313-5152-4ec7-a724-735733613464.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Avidity Biosciences, Inc. (RNA)
CIK: 0001599901
Period of Report: 2024-05-20
Reporting Person: LEVIN ARTHUR A (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-05-20 | Common Stock | M | 5000 | $1.24 | Acquired | 19830 | Direct |
| 2024-05-20 | Common Stock | S | 5000 | $29.8962 | Disposed | 14830 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-05-20 | Stock Option (Right to Buy) | $1.24 | M | 5000 | Disposed | 2030-02-18 | Common Stock (5000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 253872 | Indirect |
Footnotes
F1: The option exercise and sale reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person on May 26, 2023.
F2: This represents a weighted-average price. These shares were sold in multiple transactions at prices ranging from $29.23 to $30.36. The Reporting Person undertakes to provide the Issuer, any securityholder 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: All unexercised shares subject to the option are fully vested and exercisable as of the date hereof.