Jonathan Allan - Dec 1, 2023 Form 4 Insider Report for Stoke Therapeutics, Inc. (STOK)

Role
General Counsel & Corp Sec
Signature
/s/ Stephen Tulipano, Attorney-in-Fact
Stock symbol
STOK
Transactions as of
Dec 1, 2023
Transactions value $
$0
Form type
4
Date filed
12/5/2023, 04:09 PM
Previous filing
Jun 23, 2023
Next filing
Mar 19, 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 STOK Employee Stock Option (Right to Buy) Disposed to Issuer -65K -100% 0 Dec 1, 2023 Common Stock 65K $59.84 Direct F1, F2
transaction STOK Employee Stock Option (Right to Buy) Disposed to Issuer -121K -100% 0 Dec 1, 2023 Common Stock 121K $20.34 Direct F3, F4
transaction STOK Restricted Stock Unit (RSU) Award $0 +46.3K $0.00 46.3K Dec 1, 2023 Common Stock 46.3K Direct F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The canceled option vested as to 1/4th of the total award on February 16, 2022, and provided for 1/48th of the total award to vest monthly thereafter, subject to the reporting person's continued service to the Issuer through each vesting date.
F2 On December 1, 2023, the Issuer cancelled, pursuant to the Issuer's option exchange program, options to purchase 65,000 shares of Common Stock of the Issuer and in exchange issued to the reporting person 8,441 restricted stock units.
F3 The canceled option vested as to 1/48th of the total award on April 15, 2022 and provided for 1/48th of the total award to vest monthly thereafter, subject to the reporting person's continued service to the Issuer through each vesting date.
F4 On December 1, 2023, the Issuer cancelled, pursuant to the Issuer's option exchange program, options to purchase 121,100 shares of Common Stock of the Issuer and in exchange issued to the reporting person 37,843 restricted stock units.
F5 Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock.
F6 33,927 restricted stock units will vest on December 1, 2024 and 12,357 will vest on December 1, 2025, subject to the reporting person's continued service to the Issuer on each such date.