| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | MORF | Common Stock | Options Exercise | $0 | +12.7K | +52.95% | $0.00 | 36.6K | Jan 13, 2024 | Direct | F1, F2 |
| transaction | MORF | Common Stock | Options Exercise | $0 | +3.47K | +9.48% | $0.00 | 40.1K | Jan 14, 2024 | Direct | F1 |
| transaction | MORF | Common Stock | Sale | -$140K | -5.09K | -12.7% | $27.49 | 35K | Jan 16, 2024 | Direct | F3 |
| 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) | Award | $0 | +88.8K | $0.00 | 88.8K | Jan 12, 2024 | Common Stock | 88.8K | $27.79 | Direct | F4 | |
| transaction | MORF | Restricted Stock Unit | Award | $0 | +62.4K | $0.00 | 62.4K | Jan 12, 2024 | Common Stock | 62.4K | Direct | F1, F5 | ||
| transaction | MORF | Restricted Stock Unit | Options Exercise | $0 | -12.7K | -25% | $0.00 | 38K | Jan 13, 2024 | Common Stock | 12.7K | Direct | F1, F6 | |
| transaction | MORF | Restricted Stock Unit | Options Exercise | $0 | -3.47K | -33.33% | $0.00 | 6.94K | Jan 14, 2024 | Common Stock | 3.47K | Direct | F1, F7 |
| Id | Content |
|---|---|
| F1 | Each restricted stock unit ("RSU") represents a contingent right to receive 1 share of the issuer's Common Stock upon settlement. |
| F2 | Includes 228 shares of Common Stock acquired under the issuer's employee stock purchase plan on August 31, 2023. |
| F3 | The sales reported on this Form 4 represent shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of RSUs. These sales are mandated by the Issuer's election under its equity incentive plans to require the satisfaction of a tax withholding obligation to be funded by a "sell to cover" transaction and do not represent discretionary trades by the Reporting Person. |
| F4 | The option vests as to 2.0833% of the total shares monthly, beginning February 12, 2024, with 100% of the total shares vested and exercisable on January 12, 2028, subject to the reporting person's provision of service to the issuer on each vesting date. |
| F5 | The RSUs vest as to 25% of the total shares on each of January 12, 2025, January 12, 2026, January 12, 2027 and January 12, 2028, subject to the reporting person's provision of service to the issuer on each vesting date. |
| F6 | The RSUs vest as to 25% of the total shares on each of January 13, 2024, January 13, 2025, January 13, 2026 and January 13, 2027, subject to the reporting person's provision of service to the issuer on each vesting date. |
| F7 | The RSUs vest as to 25% of the total shares on each of January 14, 2023, January 14, 2024, January 14, 2025 and January 14, 2026, subject to the reporting person's provision of service to the issuer on each vesting date. |