David J. Mauro - May 2, 2022 Form 4 Insider Report for Codiak BioSciences, Inc. (CDAKQ)

Signature
/s/ Yalonda Howze, by Power of Attorney for David J. Mauro
Stock symbol
CDAKQ
Transactions as of
May 2, 2022
Transactions value $
$0
Form type
4
Date filed
5/4/2022, 04:29 PM
Previous filing
Oct 6, 2021
Next filing
Sep 20, 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 +200K $0.00 200K May 2, 2022 Common Stock 200K $3.26 Direct F1
transaction CDAKQ Restricted Stock Units Award $0 +20K $0.00 20K May 2, 2022 Common Stock 20K 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 May 2, 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 May 2, 2022, the reporting person was granted 20,000 restricted stock units, with one-third vesting on May 2, 2023, and the remainder vesting in two equal yearly installments on each of the one-year anniversaries thereafter.