David Happel - 17 Nov 2023 Form 4 Insider Report for Sagimet Biosciences Inc. (SGMT)

Signature
/s/ Elizabeth Rozek, Attorney-in-Fact
Issuer symbol
SGMT
Transactions as of
17 Nov 2023
Net transactions value
$0
Form type
4
Filing time
21 Nov 2023, 16:21:59 UTC
Previous filing
20 Nov 2023
Next filing
08 Dec 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SGMT Series A Common Stock Award $0 +624,910 +105917% $0.000000 625,500 17 Nov 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of the Issuer's Series A Common Stock upon vesting and settlement. 25% of the RSUs shall vest on July 18, 2024, with the remainder vesting in three equal annual installments thereafter, subject to the Reporting Person's continued service on each such vesting date.