Sriram Sathyanarayanan - Jan 19, 2023 Form 4 Insider Report for Codiak BioSciences, Inc. (CDAKQ)

Role: Chief Scientific Officer
Signature: /s/ Yalonda Howze, Attorney-in-Fact for Sriram Sathyanarayanan
Stock symbol: CDAKQ
Transactions as of: Jan 19, 2023
Transactions value $: -$622
Form type: 4
Date filed: 1/23/2023, 03:36 PM
Previous filing: Sep 20, 2022
Next filing: Jan 26, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CDAKQ	Common Stock	Options Exercise		+2.83K			2.83K	Jan 19, 2023	Direct	F1
transaction	CDAKQ	Common Stock	Sale	-$622	-1.08K	-38.18%	$0.58^*	1.75K	Jan 20, 2023	Direct	F2

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	Restricted Stock Units	Options Exercise	$0	-2.83K	-33.34%	$0.00	5.67K	Jan 19, 2023	Common Stock	2.83K		Direct	F3, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Restricted stock units ("RSUs") convert into common stock on a one-for-one basis.
F2	The sales reported in this Form 4 were effected to cover tax withholding obligations in connection with the vesting of RSUs pursuant to a "sell to cover" provision included in the RSU Agreement.
F3	Each RSU represents a contingent right to receive one share of common stock.
F4	On January 19, 2022, the reporting person was granted 8,500 RSUs, vesting in three equal annual installments beginning on the first anniversary of the grant date.