William Richard White - 03 Sep 2024 Form 4 Insider Report for Disc Medicine, Inc. (IRON)

Role
Director
Signature
By: /s/ Rahul Khara, as Attorney-in-Fact
Issuer symbol
IRON
Transactions as of
03 Sep 2024
Net transactions value
-$90,523
Form type
4
Filing time
05 Sep 2024, 16:06:31 UTC
Previous filing
29 Aug 2024
Next filing
13 Sep 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IRON Common Stock Options Exercise $1,982 +201 $9.86 201 03 Sep 2024 Direct F1
transaction IRON Common Stock Options Exercise $4,653 +1,756 +874% $2.65 1,957 03 Sep 2024 Direct F1
transaction IRON Common Stock Sale $77,111 -1,560 -80% $49.43 397 03 Sep 2024 Direct F1, F2
transaction IRON Common Stock Sale $16,947 -337 -85% $50.29 60 03 Sep 2024 Direct F1, F3
transaction IRON Common Stock Sale $2,577 -50 -83% $51.54 10 03 Sep 2024 Direct F1, F4
transaction IRON Common Stock Sale $523 -10 -100% $52.28 0 03 Sep 2024 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 IRON Stock Option (Right to Buy) Options Exercise $0 -201 -7.7% $0.000000 2,407 03 Sep 2024 Common Stock 201 $9.86 Direct F1, F5
transaction IRON Stock Option (Right to Buy) Options Exercise $0 -1,756 -50% $0.000000 1,756 03 Sep 2024 Common Stock 1,756 $2.65 Direct F1, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The transactions reported by the Reporting Person were effected pursuant to a Rule 10b5-1 trading plan adopted on December 13, 2023.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $48.975 to $49.965, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (2), (3) and (4) to this Form 4.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $49.975 to $50.905, inclusive.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $51.135 to $51.80, inclusive.
F5 The shares underlying this option vest in 48 equal monthly installments following September 1, 2021, subject to the Reporting Person's continued service on each such vesting date.
F6 The shares underlying this option vest in 16 equal quarterly installments following November 27, 2020, subject to the Reporting Person's continued service on each such vesting date.