Fabio Cataldi - Feb 28, 2023 Form 4 Insider Report for Landos Biopharma, Inc. (LABP)

Signature
/S/ Gregory Oakes, Attorney-in-Fact
Stock symbol
LABP
Transactions as of
Feb 28, 2023
Transactions value $
$0
Form type
4
Date filed
3/2/2023, 03:15 PM
Previous filing
Sep 7, 2022
Next filing
Mar 4, 2024

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 LABP Employee Stock Option (right to buy) Award $0 +185K $0.00 185K Feb 28, 2023 Common Stock 185K $0.37 Direct F1
transaction LABP Restricted Stock Unit Award $0 +277K $0.00 277K Feb 28, 2023 Common Stock 277K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 1/4th of the shares initially subject to the option shall vest on the one (1) year anniversary of the date of grant (such anniversary being the "Anniversary Date") and 1/48th of the shares initially subject to the option shall vest on each monthly anniversary of the Anniversary Date thereafter, subject to the Reporting Person's continuous service with the Issuer on each such date.
F2 Each restricted stock unit represents the right to receive one share of Landos Biopharma, Inc., Inc. common stock.
F3 The Restricted Stock Unit ("RSU") shall vest as to 66 2/3% of the shares underlying the RSU on the second anniversary of the date of grant and shall vest as to 33 1/3% of the shares underlying the RSU on the third anniversary of the date of grant, subject to the Reporting Person's continuous service with the Issuer on each such date.