Pamela J. Cramer - 26 Jul 2022 Form 4 Insider Report for RHYTHM PHARMACEUTICALS, INC. (RYTM)

Signature
/s/ Hunter Smith, attorney-in-fact for Pamela J. Cramer
Issuer symbol
RYTM
Transactions as of
26 Jul 2022
Net transactions value
-$10,524
Form type
4
Filing time
28 Jul 2022, 16:31:53 UTC
Previous filing
11 Feb 2022
Next filing
23 Aug 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RYTM Common Stock Options Exercise +3,125 3,125 26 Jul 2022 Direct F1
transaction RYTM Common Stock Sale $10,524 -901 -29% $11.68 2,224 27 Jul 2022 Direct F2

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 RYTM Restricted Stock Units Options Exercise $0 +3,125 +50% $0.000000 9,375 26 Jul 2022 Common Stock 3,125 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of Issuer common stock.
F2 The sale reported in the Form 4 was effected pursuant to a Rule 10b5-1 instruction solely with the intent to cover withholding taxes in connection with the vesting of certain previously reported Restricted Share Units.
F3 The restricted stock units vest or have vested as to 25% of the total shares on each of July 26, 2022, July 26, 2023, July 26, 2024 and July 26, 2025. The restricted stock units have no expiration date.