Rahul Khara - 02 Jan 2025 Form 4 Insider Report for Disc Medicine, Inc. (IRON)

Role
Chief Legal Officer
Signature
By: /s/ Rahul Khara
Issuer symbol
IRON
Transactions as of
02 Jan 2025
Net transactions value
-$360,483
Form type
4
Filing time
06 Jan 2025, 17:56:42 UTC
Previous filing
01 Mar 2024
Next filing
04 Feb 2025
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 $110,175 +7,500 +53% $14.69 21,535 02 Jan 2025 Direct F1
transaction IRON Common Stock Sale $247,840 -4,000 -19% $61.96 17,535 02 Jan 2025 Direct F1, F2
transaction IRON Common Stock Sale $88,135 -1,400 -8% $62.95 16,135 02 Jan 2025 Direct F1, F3
transaction IRON Common Stock Sale $134,683 -2,100 -13% $64.13 14,035 02 Jan 2025 Direct F1, F4

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 -7,500 -9.4% $0.000000 72,304 02 Jan 2025 Common Stock 7,500 $14.69 Direct F1, F5
* 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 These transactions were effected by the Reporting Person pursuant to a Rule 10b5-1 trading plan adopted on September 25, 2024.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $61.52 to $62.49, 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 $62.56 to $63.48, inclusive.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $63.83 to $64.54, inclusive.
F5 25% of the shares underlying this option vested on December 20, 2022, with the remaining shares vesting in 36 equal monthly installments thereafter, subject to the Reporting Person's continued service on each such vesting date.