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Beam Therapeutics Inc. — Director's Dealing 2021
Apr 2, 2021
31533_dirs_2021-04-02_cfa37a30-59f8-4423-8225-12a597f1f876.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Beam Therapeutics Inc. (BEAM)
CIK: 0001745999
Period of Report: 2021-03-05
Reporting Person: Ciaramella Giuseppe (President & CSO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-03-05 | Common Stock | M | 4030 | $0.67 | Acquired | 19761 | Direct |
| 2021-03-31 | Common Stock | A | 25000 | $0.00 | Acquired | 44761 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-03-05 | Stock Option (Right to Buy) | $0.67 | M | 4030 | Disposed | 2028-05-08 | Common Stock (4030) | Direct |
| 2021-03-31 | Stock Option (Right to Buy) | $80.04 | A | 50000 | Acquired | 2031-03-31 | Common Stock (50000) | Direct |
Footnotes
F1: Represents restricted stock units ("RSUs") granted to the Reporting Person under the Company's 2019 Equity Incentive Plan. Each RSU represents the contingent right to receive one share of the Company's common stock. The RSUs vest in four substantially equal annual installments on each of the first four anniversaries of the date of grant, subject to the Reporting Person's continued service with the Company through each vesting date.
F2: 25% of the shares subject to the stock option shall vest on the first anniversary of the vesting commencement date, February 26, 2018, and the remaining shares shall vest in 36 substantially equal monthly installments thereafter, subject to continued service with BEAM through such dates.
F3: The stock option vests in equal monthly installments each month following the date of grant for the subsequent 48 months, subject to the Reporting Person's continued service with the Company through each vesting date.