Shefali Agarwal - Aug 9, 2022 Form 4 Insider Report for Epizyme, Inc. (EPZM)

Role
Consultant and Named Executive Officer
Signature
/s/ John Weidenbruch, attorney-in-fact
Stock symbol
EPZM
Transactions as of
Aug 9, 2022
Transactions value $
$176,316
Form type
4
Date filed
8/11/2022, 08:53 PM
Previous filing
Jun 22, 2022
Next filing
Aug 16, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EPZM Common Stock, par value $0.0001 Options Exercise $78.6K +56.5K +35.62% $1.39 215K Aug 9, 2022 Direct
transaction EPZM Common Stock, par value $0.0001 Options Exercise $60.4K +43.5K +20.2% $1.39 259K Aug 9, 2022 Direct
transaction EPZM Common Stock, par value $0.0001 Options Exercise $556K +400K +154.61% $1.39 659K Aug 9, 2022 Direct
transaction EPZM Common Stock, par value $0.0001 Tax liability -$519K -373K -56.65% $1.39 286K Aug 9, 2022 Direct F1

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 EPZM Stock Option (Right to Buy) Options Exercise $0 -56.5K -11.31% $0.00 443K Aug 9, 2022 Common Stock 56.5K $1.39 Direct F2
transaction EPZM Stock Option (Right to Buy) Options Exercise $0 -43.5K -9.8% $0.00 400K Aug 9, 2022 Common Stock 43.5K $1.39 Direct F2
transaction EPZM Stock Option (Right to Buy) Options Exercise $0 -400K -100% $0.00* 0 Aug 9, 2022 Common Stock 400K $1.39 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares were withheld so the Reporting Person could satisfy the exercise price arising from a net (cashless) exercise of stock options that occurred on August 9, 2022.
F2 On June 27, 2022, the Issuer entered into an Agreement and Plan of Merger (the "Merger Agreement"), by and among the Issuer, Ipsen Pharma SAS and Hibernia Merger Sub, Inc. Pursuant to the terms of the Merger Agreement, each Exercisable Pre-Close Option (as defined in the Merger Agreement) became exercisable on the Acceleration Date (August 5, 2022) up to and through the close of regular trading on the Nasdaq Stock Market on the second (2nd) business day thereafter (August 9, 2022).

Remarks:

Consultant and Named Executive Officer