Lara Meisner - 14 Mar 2025 Form 4 Insider Report for Bicara Therapeutics Inc. (BCAX)

Role
Chief Legal Officer
Signature
/s/ Lara S. Meisner
Issuer symbol
BCAX
Transactions as of
14 Mar 2025
Net transactions value
-$589,865
Form type
4
Filing time
18 Mar 2025, 18:35:25 UTC
Previous filing
12 Sep 2024
Next filing
18 Jun 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BCAX Common Stock Options Exercise $431,346 +79,146 $5.45 79,145 14 Mar 2025 Direct F1
transaction BCAX Common Stock Sale $615,698 -48,526 -61% $12.69 30,620 14 Mar 2025 Direct F1, F2
transaction BCAX Common Stock Sale $405,513 -30,620 -100% $13.24 0 14 Mar 2025 Direct F1, F3

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 BCAX Stock Option (Right to Buy) Options Exercise $0 -48,720 -31% $0.000000 107,187 14 Mar 2025 Common Stock 48,720 $5.45 Direct F1, F4
transaction BCAX Stock Option (Right to Buy) Options Exercise $0 -30,246 -31% $0.000000 67,119 14 Mar 2025 Common Stock 30,246 $5.45 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 This transaction was executed pursuant to a Rule 10b5-1 trading plan adopted on November 13, 2024.
F2 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $12.05 to $13.04, 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 at which the transactions were effected.
F3 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $13.05 to $13.55, 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 at which the transactions were effected.
F4 25% of the shares underlying this option vested on November 27, 2024, with the remainder vesting in twelve equal quarterly installments thereafter, subject to the Reporting Person's continued service on each such vesting date.
F5 The shares underlying this option vest in sixteen equal quarterly installments following December 14, 2023, subject to the Reporting Person's continued service on each such vesting date.