Robert E. Farrell Jr - 13 Jan 2023 Form 4 Insider Report for Morphic Holding, Inc.

Role: SVP Finance and CAO
Signature: /s/ Robert Farrell
Issuer symbol: N/A
Transactions as of: 13 Jan 2023
Net transactions value: -$38,224
Form type: 4
Filing time: 18 Jan 2023, 18:08:27 UTC
Previous filing: 19 Jan 2022
Next filing: 19 Apr 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MORF	Common Stock	Options Exercise		+3,470	+17%		23,470	14 Jan 2023	Direct	F1
transaction	MORF	Common Stock	Sale	$38,224	-1,248	-5.3%	$30.63	22,222	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	+76,320		$0.000000	76,320	13 Jan 2023	Common Stock	76,320	$31.72	Direct	F3
transaction	MORF	Restricted Stock Unit	Award	$0	+50,700		$0.000000	50,700	13 Jan 2023	Common Stock	50,700		Direct	F1, F4
transaction	MORF	Restricted Stock Unit	Options Exercise	$0	+3,470	+50%	$0.000000	10,410	14 Jan 2023	Common Stock	3,470		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.