Scott D. Sandell - Jan 25, 2023 Form 4 Insider Report for GLYCOMIMETICS INC (GLYC)

Role
10%+ Owner
Signature
/s/ Louis Citron, attorney-in-fact
Stock symbol
GLYC
Transactions as of
Jan 25, 2023
Transactions value $
-$11,484,515
Form type
4
Date filed
1/27/2023, 04:15 PM
Previous filing
Jan 6, 2023
Next filing
Feb 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GLYC Common Stock Sale -$1.17M -358K -7.56% $3.26 4.38M Jan 25, 2023 See Note 2 F1, F2
transaction GLYC Common Stock Sale -$958K -294K -7.56% $3.26 3.59M Jan 25, 2023 See Note 3 F1, F3
transaction GLYC Common Stock Sale -$5.14M -1.65M -37.65% $3.12 2.73M Jan 26, 2023 See Note 2 F2, F4
transaction GLYC Common Stock Sale -$4.21M -1.35M -37.65% $3.12 2.24M Jan 26, 2023 See Note 3 F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Scott D. Sandell is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.05 to $3.46 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.
F2 The Reporting Person is a general partner of NEA Partners 10, Limited Partnership ("NEA Partners 10"). NEA Partners 10 is the sole general partner of New Enterprise Associates 10, Limited Partnership ("NEA 10"), the direct beneficial owner of the shares. The Reporting Person disclaims beneficial ownership within the meaning of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise of such portion of the NEA 10 shares in which the Reporting Person has no pecuniary interest.
F3 The Reporting Person is a director of NEA 13 GP, LTD, which is the sole general partner of NEA Partners 13, L.P. ("NEA Partners 13"). NEA Partners 13 is the sole general partner of New Enterprise Associates 13, L.P. ("NEA 13"), which is the direct beneficial owner of the securities. The Reporting Person disclaims beneficial ownership, within the meaning of Section 16 of the Securitites Exchange Act of 1934, as amended, or otherwise of such portion of the NEA 13 shares in which the Reporting Person has no pecuniary interest.
F4 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.00 to $3.26 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.