Robert Farrell - Jun 10, 2021 Form 4 Insider Report for Morphic Holding, Inc. (MORF)

Role
SVP Finance and CAO
Signature
/s/ Robert Farrell, Jr.
Stock symbol
MORF
Transactions as of
Jun 10, 2021
Transactions value $
-$1,106,067
Form type
4
Date filed
6/14/2021, 07:55 PM
Next filing
Jun 21, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MORF Common Stock Options Exercise $69.1K +16K +89.22% $4.32* 33.9K Jun 10, 2021 Direct
transaction MORF Common Stock Sale -$961K -16K -47.15% $60.08 17.9K Jun 10, 2021 Direct F1, F2
transaction MORF Common Stock Options Exercise $15.2K +3.53K +19.66% $4.32* 21.5K Jun 14, 2021 Direct
transaction MORF Common Stock Sale -$229K -3.53K -16.43% $65.00 17.9K Jun 14, 2021 Direct F1, F3

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 MORF Stock Option (right to buy Common Stock) Options Exercise $0 -16K -16.79% $0.00 79.3K Jun 10, 2021 Common Stock 16K $4.32 Direct F4
transaction MORF Stock Option (right to buy Common Stock) Options Exercise $0 -3.53K -4.45% $0.00 75.7K Jun 14, 2021 Common Stock 3.53K $4.32 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
F2 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $60.00 to $60.325 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F3 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $65.00 to $65.02 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F4 The option vests as to 2.0833% of the total shares monthly, beginning January 14, 2019, with 100% of the total shares vested and exercisable on December 14, 2022, subject to the reporting person's provision of service to the issuer on each vesting date.