Elham Hershberger - Aug 5, 2021 Form 3 Insider Report for Adagio Therapeutics, Inc. (IVVD)

Role
Chief Development Officer
Signature
/s/ Dorothy Vinsky, Attorney-in-Fact
Stock symbol
IVVD
Transactions as of
Aug 5, 2021
Transactions value $
$0
Form type
3
Date filed
8/5/2021, 09:21 PM
Next filing
Feb 1, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding IVVD Common Stock 127K Aug 5, 2021 Direct 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
holding IVVD Stock Option (Right to Buy) Aug 5, 2021 Common Stock 254K $0.78 Direct F2
holding IVVD Stock Option (Right to Buy) Aug 5, 2021 Common Stock 254K $4.61 Direct F3
holding IVVD Stock Option (Right to Buy) Aug 5, 2021 Common Stock 285K $10.14 Direct F4
holding IVVD Stock Option (Right to Buy) Aug 5, 2021 Common Stock 193K $12.80 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 One quarter (1/4) of the shares vested on June 15, 2021, and thereafter, the remainder of the shares vest in 36 equal monthly installments on the 15th day of each month, subject to the Reporting Person's continuous service.
F2 One quarter (1/4) of the options vested on July 21, 2021, and thereafter, the remainder of the options vest in 36 equal monthly installments on the 21st day of each month, subject to the Reporting Person's continuous service on each vesting date.
F3 One quarter (1/4) of the options shall vest on September 29, 2021, and thereafter, the remainder of the options shall vest in 36 equal monthly installments on the 29th day of each month, subject to the Reporting Person's continuous service on each vesting date.
F4 One quarter (1/4) of the options shall vest on May 6, 2022, and thereafter, the remainder of the options shall vest in 36 equal monthly installments on the 6th day of each month, subject to the Reporting Person's continuous service on each vesting date.
F5 One quarter (1/4) of the options shall vest on July 4, 2022, and thereafter, the remainder of the options shall vest in 36 equal monthly installments on the 4th day of each month, subject to the Reporting Person's continuous service on each vesting date.

Remarks:

Exhibit List -- Exhibit 24 -- Power of Attorney