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Larimar Therapeutics, Inc. — Director's Dealing 2017
Oct 11, 2017
33359_dirs_2017-10-11_e8442c18-f945-4f6c-ae26-ea9329322d5c.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: ZAFGEN, INC. (ZFGN)
CIK: 0001374690
Period of Report: 2017-10-09
Reporting Person: Hughes Thomas E. (Director, See Remarks)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-10-09 | Employee Stock Option (right to buy) | $3.40 | A | 275000 | Acquired | 2027-10-09 | Common Stock (275000) | Direct |
Footnotes
F1: The option vests and becomes exercisable based on the Issuer's common stock price during the two years after the first anniversary of the date of grant as follows: 25% of shares subject to the option vest after the stock price is equal to or greater than $10.00 per share for 20 consecutive trading days; and an additional 6.25% of the shares subject to the option vest for every additional $2.50 in stock price above $10.00 per share for 20 consecutive trading days.
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