Michael Derby - 30 Aug 2022 Form 4 Insider Report for PaxMedica, Inc.

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
01 Sep 2022, 16:06:42 UTC
Prior SEC filing
14 Oct 2022
Next SEC filing
30 Sep 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Michael Derby

Key filing fact

Michael Derby filed Form 4 for PaxMedica, Inc. on 01 Sep 2022.

Key facts

  • This page summarizes Michael Derby's Form 4 filing for PaxMedica, Inc..
  • 1 reported transaction and 0 derivative rows are listed below.
  • Accepted by SEC: 01 Sep 2022, 16:06.

Change

  • Previous filing in this sequence was filed on 14 Oct 2022.
  • Current net transaction value: +$498,750.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

PXMD transaction

Common Stock

Purchase

Transaction value
$498,750
Shares
+95,000
Change %
+1.3%
Price
$5.25*
Shares after
7,336,745
Date
30 Aug 2022
Ownership
TardiMed Sciences, LLC
Footnotes
F2, F3
PXMD holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
361,000
Date
30 Aug 2022
Ownership
Direct
Footnotes
F1
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

Includes restricted stock units that vest as described in the Company's Registration Statement on Form S-1 (File No. 333-239676).

Footnote F2

These shares were purchased from the underwriters by TardiMed Sciences, LLC ("TardiMed") in the issuer's initial public offering, which closed on August 30, 2022. See footnote 3 for the reporting person's relationship to TardiMed.

Footnote F3

The reporting person is the Managing Partner of TardiMed and has sole voting and dispositive control over the shares of Common Stock held by the entity. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.

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