MARC SCHEGERIN - 13 Jan 2023 Form 4 Insider Report for Morphic Holding, Inc.

Signature
/s/ Robert Farrell as attorney-in-fact for Marc Schegerin
Issuer symbol
N/A
Transactions as of
13 Jan 2023
Net transactions value
-$51,150
Form type
4
Filing time
18 Jan 2023, 18:06:38 UTC
Previous filing
16 Jun 2022
Next filing
09 Mar 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MORF Common Stock Options Exercise +4,690 +36% 17,882 14 Jan 2023 Direct F1
transaction MORF Common Stock Sale $51,150 -1,670 -9.3% $30.63 16,212 14 Jan 2023 Direct F2

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) Award $0 +86,544 $0.000000 86,544 13 Jan 2023 Common Stock 86,544 $31.72 Direct F3
transaction MORF Restricted Stock Unit Award $0 +58,700 $0.000000 58,700 13 Jan 2023 Common Stock 58,700 Direct F1, F4
transaction MORF Restricted Stock Unit Options Exercise $0 +4,690 +50% $0.000000 14,070 14 Jan 2023 Common Stock 4,690 Direct F1, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents a contingent right to receive 1 share of the issuer's Common Stock upon settlement.
F2 The sales reported on this Form 4 represent shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of RSUs. These sales are mandated by the Issuer's election under its equity incentive plans to require the satisfaction of a tax withholding obligation to be funded by a "sell to cover" transaction and do not represent discretionary trades by the Reporting Person.
F3 The option vests as to 2.0833% of the total shares monthly, beginning February 13, 2023, with 100% of the total shares vested and exercisable on January 13, 2027, subject to the reporting person's provision of service to the issuer on each vesting date.
F4 The RSUs vest as to 25% of the total shares on each of January 13, 2024, January 13, 2025, January 13, 2026 and January 13, 2027, subject to the reporting person's provision of service to the issuer on each vesting date.
F5 The RSUs vest as to 25% of the total shares on each of January 14, 2023, January 14, 2024, January 14, 2025 and January 14, 2026, subject to the reporting person's provision of service to the issuer on each vesting date.