Amy Simon - Mar 16, 2023 Form 3 Insider Report for Beam Therapeutics Inc. (BEAM)

Signature
By: /s/ Christine Bellon, Attorney-in-Fact
Stock symbol
BEAM
Transactions as of
Mar 16, 2023
Transactions value $
$0
Form type
3
Date filed
3/27/2023, 06:23 PM
Next filing
Mar 31, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding BEAM Common Stock 65.1K Mar 16, 2023 Direct F1, 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
holding BEAM Stock Option (Right to Buy) Mar 16, 2023 Common Stock 79.5K $80.04 Direct F3
holding BEAM Stock Option (Right to Buy) Mar 16, 2023 Common Stock 30K $69.21 Direct F4
holding BEAM Stock Option (Right to Buy) Mar 16, 2023 Common Stock 10K $38.71 Direct F5
holding BEAM Stock Option (Right to Buy) Mar 16, 2023 Common Stock 40K $43.45 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 44,813, 15,000 and 5,000 restricted stock units ("RSUs") granted to the Reporting Person under the Issuer's 2019 Equity Incentive Plan on March 31, 2021, March 31, 2022 and June 30, 2022 respectively.
F2 Each RSU represents the contingent right to receive one share of the Issuer's common stock. The RSUs vest in four substantially equal installments on each of the first four anniversaries of the date of grant, subject to the Reporting Person's continued service with the Issuer through each vesting date. The March 31, 2021 RSUs grant was originally for 59,750 RSUs of which 14,937 RSUs have already vested.
F3 The option vests as to 25% on the first anniversary of the vesting commencement date, March 31, 2022, and at a rate of 2.78% each month thereafter until the option is fully vested.
F4 The option vests at a rate of 2.08% each month after January 31, 2022 until the option is fully vested.
F5 The option vests at a rate of 2.08% each month after June 30, 2022 until the option is fully vested.
F6 The option vests at a rate of 2.08% each month after January 31, 2022 until the option is fully vested.

Remarks:

Exhibit List: Exhibit 24 - Power of Attorney