Mai-Britt Zocca - 09 Aug 2023 Form 4 Insider Report for IO Biotech, Inc. (IOBT)

Signature
/s/ Brian Burkavage, Attorney-in-Fact for Mai-Britt Zocca
Issuer symbol
IOBT
Transactions as of
09 Aug 2023
Net transactions value
+$75,000
Form type
4
Filing time
09 Aug 2023, 20:43:49 UTC
Previous filing
22 Mar 2023
Next filing
18 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IOBT Common Stock Award $70,370 +37,037 +10462% $1.90 37,391 09 Aug 2023 Direct
holding IOBT Common Stock 26,580 09 Aug 2023 Zocca Consulting ApS F1

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 IOBT Warrants (Right to Buy) Award $4,630 +37,037 $0.1250* 37,037 09 Aug 2023 Common Stock 37,037 $2.47 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person is the sole owner of Zocca Consulting ApS and, in such capacity, may be deemed to beneficially own the shares held directly by Zocca Consulting ApS. The reporting person disclaims beneficial ownership of the shares held directly by Zocca Consulting ApS except to the extent of her pecuniary interest therein.
F2 These Warrants expire at 5:00 p.m. Eastern time on the earlier of (i) February 9, 2027, and (ii) one day prior to the closing of an Acquisition of the Issuer, as defined in the Form of Warrant, attached as Exhibit 4.1 to the Issuer's Current Report on Form 8-K, filed with the Securities and Exchange Commission on August 7, 2023.