John F. Milligan - May 21, 2024 Form 4 Insider Report for 4D Molecular Therapeutics, Inc. (FDMT)

Role: Director
Signature: By: /s/ Scott Bizily as Attorney-in-fact for John F. Milligan
Stock symbol: FDMT
Transactions as of: May 21, 2024
Transactions value $: $0
Form type: 4
Date filed: 5/23/2024, 07:11 PM
Previous filing: May 26, 2023
Next filing: Jun 20, 2024

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	FDMT	Stock Option (Right To Buy)	Award	$0	+26.8K		$0.00	26.8K	May 21, 2024	Common Stock	26.8K	$25.15	Direct	F1, F2

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

Explanation of Responses:

Id	Content
F1	Automatically granted pursuant to the terms of the Company's non-employee director compensation program.
F2	The stock option vests and becomes exercisable with respect to 1/3 of the total shares on May 21, 2025 and in equal monthly installments thereafter, subject to the Reporting Person continuing service to Issuer through each vesting date, until the shares are fully vested on May 21, 2027. Additionally, the stock options will vest in full upon the consummation of a Change in Control (as defined in the 2020 Incentive Award Plan).

Content

Automatically granted pursuant to the terms of the Company's non-employee director compensation program.

The stock option vests and becomes exercisable with respect to 1/3 of the total shares on May 21, 2025 and in equal monthly installments thereafter, subject to the Reporting Person continuing service to Issuer through each vesting date, until the shares are fully vested on May 21, 2027. Additionally, the stock options will vest in full upon the consummation of a Change in Control (as defined in the 2020 Incentive Award Plan).