Stephen Sheldon - 13 Apr 2023 Form 4 Insider Report for PaxMedica, Inc.

Signature
/s/ Stephen D. Sheldon, Jr.
Issuer symbol
N/A
Transactions as of
13 Apr 2023
Net transactions value
$0
Form type
4
Filing time
14 Apr 2023, 19:12:37 UTC
Previous filing
22 Nov 2022
Next filing
22 Nov 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PXMD Common Stock Award $0 +100,000 +67% $0.000000 250,000 13 Apr 2023 Direct F1
holding PXMD Common Stock 18,799 13 Apr 2023 The Sheldon Family Trust F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Consists of 100,000 restricted stock units ("RSUs"). The RSUs are subject to time-based vesting with one-third of the RSUs vesting on February 1, 2024, followed by 8.3325% of the remaining RSUs vesting on a quarterly basis thereafter, subject to the reporting person's continuous employment with the Company as of such vesting dates.
F2 Mr. Sheldon is the Trustee of The Sheldon Family Trust.