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RHYTHM PHARMACEUTICALS, INC. — Director's Dealing 2020
Sep 1, 2020
30849_dirs_2020-09-01_28ea0a45-1913-495e-ac8b-9e2c5e8adb8b.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: RHYTHM PHARMACEUTICALS, INC. (RYTM)
CIK: 0001649904
Period of Report: 2020-08-31
Reporting Person: Desikan Nithya (Chief Commercial Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-08-31 | Common Stock | M | 25000 | $6.88 | Acquired | 68602 | Direct |
| 2020-08-31 | Common Stock | S | 25000 | $30.00 | Disposed | 43602 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-08-31 | Employee Stock Option (Right to Buy) | $6.88 | M | 25000 | Disposed | 2027-08-08 | Common Stock (25000) | Direct |
Footnotes
F1: On August 31, 2020, Ms. Desikan exercised and sold 25,000 shares pursuant to a plan of disposition adopted in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.
F2: The stock options were granted on August 9, 2017. 32,715 of the total shares vested and became exercisable immediately upon grant. 25% of the remaining stock options vested and became exercisable on July 23, 2018. 75% of the remaining stock options shall vest in 36 successive, equal monthly installments with the first such installment vesting and becoming exercisable on August 23, 2018.