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Passage BIO, Inc. Director's Dealing 2023

Apr 20, 2023

34849_dirs_2023-04-20_72547c0c-5779-463a-a1af-e7976ea94666.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Passage BIO, Inc. (PASG)
CIK: 0001787297
Period of Report: 2023-04-18

Reporting Person: King Simona (Chief Financial Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2023-04-18 Common Stock M 6250 $0.00 Acquired 6250 Direct
2023-04-18 Common Stock S 2053 $1.05 Disposed 2053 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2023-04-18 Restricted Stock Units $ M 6250 Disposed Common Stock (6250) Direct

Footnotes

F1: Restricted stock units ("RSUs") convert into common stock on a one-for-one basis.

F2: The sale reported on this Form 4 represents an Issuer mandated sale by the Reporting Person to satisfy tax withholding obligations in connection with the vesting and settlement of RSUs; it does not represent a discretionary trade by the Reporting Person. Pursuant to the Issuer's equity incentive plan, an award recipient's tax withholding obligations must be funded by a "sell to cover" transaction.

F3: 1/4 of the RSUs vested on April 18, 2023, and the remainder will vest as to 1/4 of the total award in annual installments thereafter, subject to the Reporting Person's continued service to the Issuer on each vesting date.

F4: These restricted stock units do not expire; they either vest or are cancelled prior to the vesting date.