Daniel Bensen - 29 Jun 2023 Form 4 Insider Report for Tyra Biosciences, Inc. (TYRA)

Role
Chief Operating Officer
Signature
/s/ Ali D. Fawaz, Attorney-in-Fact
Issuer symbol
TYRA
Transactions as of
29 Jun 2023
Net transactions value
-$649,624
Form type
4
Filing time
03 Jul 2023, 17:31:55 UTC
Previous filing
28 Jun 2023
Next filing
12 Jul 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TYRA Common Stock Options Exercise $10,541 +17,281 +3.3% $0.6100* 545,262 29 Jun 2023 Direct
transaction TYRA Common Stock Sale $285,014 -17,281 -3.2% $16.49 527,981 29 Jun 2023 Direct F1, F2
transaction TYRA Common Stock Options Exercise $11,480 +18,819 +3.6% $0.6100* 546,800 30 Jun 2023 Direct
transaction TYRA Common Stock Sale $319,419 -18,819 -3.4% $16.97 527,981 30 Jun 2023 Direct F1, F3
transaction TYRA Common Stock Options Exercise $2,602 +4,265 +0.81% $0.6100* 532,246 03 Jul 2023 Direct
transaction TYRA Common Stock Sale $63,000 -3,865 -0.73% $16.30 528,381 03 Jul 2023 Direct F1, F4
transaction TYRA Common Stock Sale $6,814 -400 -0.08% $17.04 527,981 03 Jul 2023 Direct F5

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 TYRA Stock Option (Right to Buy) Options Exercise $0 -17,281 -9.5% $0.000000 164,997 29 Jun 2023 Common Stock 17,281 $0.6100 Direct F6
transaction TYRA Stock Option (Right to Buy) Options Exercise $0 -18,819 -11% $0.000000 146,178 30 Jun 2023 Common Stock 18,819 $0.6100 Direct F6
transaction TYRA Stock Option (Right to Buy) Options Exercise $0 -4,265 -2.9% $0.000000 141,913 03 Jul 2023 Common Stock 4,265 $0.6100 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

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 on December 7, 2022.
F2 Represents the weighted average sale price for the entire number of shares sold. The actual sale prices range between $16.13 to $17.09. Detailed information on the exact number of shares sold at each sale price can be obtained from the Issuer upon request.
F3 Represents the weighted average sale price for the entire number of shares sold. The actual sale prices range between $16.45 to $17.14. Detailed information on the exact number of shares sold at each sale price can be obtained from the Issuer upon request.
F4 Represents the weighted average sale price for the entire number of shares sold. The actual sale prices range between $16 to $17. Detailed information on the exact number of shares sold at each sale price can be obtained from the Issuer upon request.
F5 Represents the weighted average sale price for the entire number of shares sold. The actual sale prices range between $17.02 to $17.05. Detailed information on the exact number of shares sold at each sale price can be obtained from the Issuer upon request.
F6 25% of the shares subject to the option vested on January 27, 2021, and 1/48th of the shares subject to the option vest monthly thereafter.