Joshua T. Brumm - 07 Oct 2022 Form 4 Insider Report for Dyne Therapeutics, Inc. (DYN)

Signature
/s/ Richard Scalzo, Attorney-in-Fact
Issuer symbol
DYN
Transactions as of
07 Oct 2022
Net transactions value
-$2,413,222
Form type
4
Filing time
11 Oct 2022, 09:00:17 UTC
Previous filing
21 Sep 2022
Next filing
13 Dec 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DYN Common Stock Options Exercise $14,626 +14,200 +6.9% $1.03* 218,823 07 Oct 2022 Direct
transaction DYN Common Stock Sale $189,854 -14,200 -6.5% $13.37 204,623 07 Oct 2022 Direct F1
transaction DYN Common Stock Options Exercise $201,674 +195,800 +96% $1.03* 400,423 10 Oct 2022 Direct
transaction DYN Common Stock Sale $2,439,668 -195,800 -49% $12.46 204,623 10 Oct 2022 Direct F2
transaction DYN Common Stock Gift $0 -13,000 -6.4% $0.000000 191,623 10 Oct 2022 Direct F3
transaction DYN Common Stock Gift $0 -2,500 -1.3% $0.000000 189,123 10 Oct 2022 Direct 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 DYN Stock Option (right to buy) Options Exercise $0 -14,200 -2.5% $0.000000 543,549 07 Oct 2022 Common Stock 14,200 $1.03 Direct F4
transaction DYN Stock Option (right to buy) Options Exercise $0 -195,800 -36% $0.000000 347,749 10 Oct 2022 Common Stock 195,800 $1.03 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within the range of $12.70 to $13.50, 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 ranges set forth in footnotes (1) and (2) of this Form 4.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within the range of $12.30 to $12.91, inclusive.
F3 This transaction was a charitable donation to a third party effective October 10, 2022 in which no value was received in return.
F4 The option was granted on January 6, 2020. The shares underlying the option vest over four years, with 25% of the shares vesting on October 12, 2020 and the remaining shares vesting in equal quarterly installments thereafter.

Remarks:

Chief Executive Officer and President