Richard Mitrano - Apr 8, 2022 Form 3 Insider Report for Frequency Therapeutics, Inc. (FREQ)

Role
VP, Finance
Signature
/s/ James P. Abely, Attorney-in-Fact
Stock symbol
FREQ
Transactions as of
Apr 8, 2022
Transactions value $
$0
Form type
3
Date filed
4/15/2022, 04:05 PM
Next filing
Jul 7, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding FREQ Common Stock 25.7K Apr 8, 2022 Direct
holding FREQ Common Stock 4.03K Apr 8, 2022 Held by The Carey/Mitrano Family Trust

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
holding FREQ Restricted Stock Units Apr 8, 2022 Common Stock 25K $0.00 Direct F1
holding FREQ Restricted Stock Units Apr 8, 2022 Common Stock 7.5K $0.00 Direct F1
holding FREQ Stock Option (Right to Buy) Apr 8, 2022 Common Stock 11.6K $35.85 Direct F2
holding FREQ Stock Option (Right to Buy) Apr 8, 2022 Common Stock 18K $25.05 Direct F3
holding FREQ Stock Option (Right to Buy) Apr 8, 2022 Common Stock 17.8K $14.00 Direct F4
holding FREQ Stock Option (Right to Buy) Apr 8, 2022 Common Stock 28.8K $3.37 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of Issuer common stock. The restricted stock units have no expiration date.
F2 The option vests and becomes exercisable in equal monthly installments over a four year period commencing on February 1, 2021, and will be fully vested and exercisable on January 1, 2025.
F3 The option vests and becomes exercisable in equal monthly installments over a four year period commencing on February 1, 2020, and will be fully vested and exercisable on January 1, 2024.
F4 The option vests and becomes exercisable in equal monthly installments over a four year period commencing on November 2, 2019, and will be fully vested and exercisable on October 2, 2023.
F5 The option vests and becomes exercisable in equal monthly installments over a four year period commencing on February 1, 2019, and will be fully vested and exercisable on January 1, 2023.

Remarks:

Exhibit 24 - Power of Attorney.