Samira Shaikhly - Oct 24, 2024 Form 3 Insider Report for Septerna, Inc. (SEPN)

Role
Chief People Officer
Signature
/s/ Ran Xiao, Attorney-in-Fact
Stock symbol
SEPN
Transactions as of
Oct 24, 2024
Transactions value $
$0
Form type
3
Date filed
10/24/2024, 09:31 PM

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 SEPN Stock Option (Right to Buy) Oct 24, 2024 Common Stock 69.7K $1.55 Direct F1
holding SEPN Stock Option (Right to Buy) Oct 24, 2024 Common Stock 15.1K $2.76 Direct F1
holding SEPN Stock Option (Right to Buy) Oct 24, 2024 Common Stock 10.2K $2.76 Direct F2
holding SEPN Stock Option (Right to Buy) Oct 24, 2024 Common Stock 34.8K $6.81 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 25% of the shares underlying this option vested on February 1, 2024, with the remainder vesting in thirty-six substantially equal monthly installments thereafter, subject to the Reporting Person's continuous service the Issuer on each such vesting date.
F2 1/48th of the shares subject to such option vest and become exercisable in substantially equal monthly installments on each monthly anniversary of March 1, 2024, subject to the Reporting Person's continuous service to the Issuer on each such date.
F3 1/48th of the shares subject to such option vest and become exercisable in substantially equal monthly installments on each monthly anniversary of October 28, 2024, contingent upon the consummation of the Issuer's initial public offering, and subject to the Reporting Person's continuous service to the Issuer on each such date.

Remarks:

Exhibit 24 - Power of Attorney