Marc Schegerin - Apr 25, 2023 Form 4 Insider Report for Morphic Holding, Inc. (MORF)

Signature
/s/ Robert Farrell as attorney-in-fact for Marc Schegerin
Stock symbol
MORF
Transactions as of
Apr 25, 2023
Transactions value $
-$1,985,500
Form type
4
Date filed
4/27/2023, 07:03 PM
Previous filing
Mar 9, 2023
Next filing
Jun 15, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MORF Common Stock Options Exercise $750K +50K +207.16% $15.00 74.1K Apr 25, 2023 Direct
transaction MORF Common Stock Sale -$2.74M -50K -67.44% $54.71 24.1K Apr 25, 2023 Direct F1

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) Options Exercise $0 -50K -39.29% $0.00 77.3K Apr 25, 2023 Common Stock 50K $15.00 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person dated June 28, 2022.
F2 The option vested as to 25% of the total shares on April 6, 2021, and then 1/48 of the total shares vest monthly thereafter, with 100% of the total shares vested and exercisable on April 6, 2024, subject to the reporting person's provision of service to the Issuer on each vesting date.