Moderna, Inc. — Director's Dealing 2020

May 28, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Moderna, Inc. (MRNA)
CIK: 0001682852
Period of Report: 2020-05-26

Reporting Person: Hoge Stephen (President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-05-26	Common Stock	S	1045	$57.75	Disposed	2005495	Direct
2020-05-26	Common Stock	S	100	$58.72	Disposed	2005395	Direct
2020-05-26	Common Stock	S	1182	$60.77	Disposed	2004213	Direct
2020-05-26	Common Stock	S	3763	$61.61	Disposed	2000450	Direct
2020-05-26	Common Stock	S	1910	$62.54	Disposed	1998540	Direct
2020-05-26	Common Stock	S	1000	$63.97	Disposed	1997540	Direct
2020-05-26	Common Stock	S	800	$64.94	Disposed	1996740	Direct
2020-05-26	Common Stock	S	200	$66.11	Disposed	1996540	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	4116	Indirect

Footnotes

F1: This sale was effected pursuant to a Rule 10b5-1 trading plan.

F2: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $57.38 to $58.26. Full information regarding the number of shares sold at each separate price can be furnished to the SEC staff upon request.

F3: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $60.07 to $61.01. Full information regarding the number of shares sold at each separate price can be furnished to the SEC staff upon request.

F4: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $61.08 to $62.07. Full information regarding the number of shares sold at each separate price can be furnished to the SEC staff upon request.

F5: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $62.09 to $63.09. Full information regarding the number of shares sold at each separate price can be furnished to the SEC staff upon request.

F6: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $63.46 to $64.36. Full information regarding the number of shares sold at each separate price can be furnished to the SEC staff upon request.

F7: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $64.65 to $65.15. Full information regarding the number of shares sold at each separate price can be furnished to the SEC staff upon request.