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Jade Biosciences, Inc. Director's Dealing 2021

Jun 30, 2021

33383_dirs_2021-06-29_1089c4b4-6dab-4ce4-8444-6bd3d16e613f.zip

Director's Dealing

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SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: Aerovate Therapeutics, Inc. (AVTE)
CIK: 0001798749
Period of Report: 2021-06-29

Reporting Person: Dake Benjamin T (See Remarks)

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Stock Option (Right to Buy) $1.74 2030-09-03 Common Stock (48293) Direct
Stock Option (Right to Buy) $1.74 2030-09-03 Common Stock (72325) Direct
Stock Option (Right to Buy) $2.144 2031-04-01 Common Stock (48882) Direct
Stock Option (Right to Buy) $2.144 2031-04-01 Common Stock (328921) Direct

Footnotes

F1: 10% of this option vested and became exercisable on January 1, 2020, with an additional 22.5% vested on January 1, 2021 and the remainder vesting in 36 monthly installments thereafter.

F2: 25% of this option shall vest and become exercisable on August 1, 2021, with the remainder vesting in 36 substantially equal monthly installments thereafter.

F3: This option shall vest in 48 substantially equal monthly installments, with the first installment vested on May 2, 2021.

F4: This option shall vest in 48 substantially equal monthly installments, with the first installment vesting on July 4, 2021.