Ilan Ganot - May 2, 2023 Form 4 Insider Report for Solid Biosciences Inc. (SLDB)

Role
Director
Signature
/s/ David Tyronne Howton as attorney-in-fact for Ilan Ganot
Stock symbol
SLDB
Transactions as of
May 2, 2023
Transactions value $
-$2,364
Form type
4
Date filed
6/8/2023, 09:17 PM
Previous filing
Mar 6, 2023
Next filing
Sep 6, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SLDB Common Stock Options Exercise +1.55K +50.31% 4.64K May 2, 2023 Wife F1, F2
transaction SLDB Common Stock Sale -$2.36K -487 -10.5% $4.85 4.15K May 2, 2023 Wife F2, F3
transaction SLDB Common Stock Options Exercise +1.58K +1.84% 87.8K Jun 2, 2023 Direct F1, F4
holding SLDB Common Stock 19.4K May 2, 2023 See Footnote F5

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 SLDB Restricted Stock Units Options Exercise $0 -1.55K -50% $0.00 1.55K May 2, 2023 Common Stock 1.55K Wife F1, F6
transaction SLDB Restricted Stock Units Options Exercise $0 -1.58K -33.33% $0.00 3.17K Jun 2, 2023 Common Stock 1.58K Direct F1, F7
transaction SLDB Director Stock Option (Right to Buy) Award $0 +9.65K $0.00 9.65K Jun 6, 2023 Common Stock 9.65K $6.37 Direct F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units convert into common stock on a one-for-one basis.
F2 Includes 1,709 shares of common stock acquired under the Solid Biosciences Inc. Employee Stock Purchase Plan on May 31, 2023.
F3 This sale was made to cover withholding taxes following the vesting of the previously granted restricted stock units. The shares were sold pursuant to a written instruction under Rule 10b5-1(c)(1).
F4 Represents 83,716 shares held by Mr. Ganot as an individual, and 4,042 shares held by Mr. Ganot and Annie Ganot as joint tenants with right of survivorship.
F5 Represents 19,394 shares held by Adam Ganot and Annie Ganot, and their successors, as the trustees for the Ilan Ganot 2017 Irrevocable Trust dated March 3, 2017.
F6 The restricted stock units were granted on May 2, 2022 and vest in two equal annual installments beginning on the first anniversary of the grant date.
F7 On December 2, 2022 (the "Grant Date"), Mr. Ganot was granted 6,333 restricted stock units, vesting in equal quarterly installments with the first installment vesting three months from the Grant Date and the final installment vesting date being the date that is 12 months from the Grant Date; provided that in the event of a change in control the restricted stock units shall accelerate in full.
F8 This option was granted on June 6, 2023 and vests in full on the earlier to occur of the one-year anniversary of the grant date and immediately prior to the Issuer's next annual meeting of stockholders occurring after the grant date, and will vest automatically as to 100% of the unvested portion of such option upon specified change in control events.