Richard Brudnick - 16 Feb 2022 Form 4 Insider Report for Codiak BioSciences, Inc.

Signature
/s/ Yalonda Howze, Attorney-in-Fact for Richard Brudnick
Issuer symbol
N/A
Transactions as of
16 Feb 2022
Net transactions value
$0
Form type
4
Filing time
18 Feb 2022, 15:05:57 UTC
Previous filing
21 Jan 2022
Next filing
08 Apr 2022

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CDAKQ Stock Option (Right to Buy) Award $0 +10,850 $0.000000 10,850 16 Feb 2022 Common Stock 10,850 $5.21 Direct F1
transaction CDAKQ Restricted Stock Units Award $0 +16,275 $0.000000 16,275 16 Feb 2022 Common Stock 16,275 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 25% of this option shall vest and become exercisable on February 16, 2023, with the remainder vesting in 12 equal quarterly installments thereafter.
F2 Each restricted stock unit represents a contingent right to receive one share of common stock.
F3 On February 16, 2022, the reporting person was granted 16,275 restricted stock units, vesting in four equal installments every six months beginning on the six month anniversary of the grant date.

Remarks:

Officer title: Chief Business Officer and Head of Corporate Strategy