Jeffrey Finer - 02 Apr 2025 Form 4 Insider Report for Septerna, Inc. (SEPN)

Signature
/s/ Ran Xiao, Attorney-in-Fact
Issuer symbol
SEPN
Transactions as of
02 Apr 2025
Net transactions value
+$151,800
Form type
4
Filing time
04 Apr 2025, 16:13:25 UTC
Previous filing
27 Feb 2025
Next filing
11 Aug 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SEPN Common Stock Options Exercise $138,000 +50,000 +6.5% $2.76 821,907 02 Apr 2025 Direct
transaction SEPN Common Stock Options Exercise $13,800 +5,000 +0.61% $2.76 826,907 03 Apr 2025 Direct

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 SEPN Stock Option (Right to Buy) Options Exercise $0 -50,000 -11% $0.000000 402,212 02 Apr 2025 Common Stock 50,000 $2.76 Direct F1
transaction SEPN Stock Option (Right to Buy) Options Exercise $0 -5,000 -1.2% $0.000000 397,212 03 Apr 2025 Common Stock 5,000 $2.76 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 1/48th of the shares subject to such option vest and become exercisable in substantially equal monthly installments on each monthly anniversary of August 1, 2023, subject to the Reporting Person's continuous service to the Issuer on each such date.