MARC SCHEGERIN - 12 Jan 2024 Form 4 Insider Report for Morphic Holding, Inc.

Signature
/s/ Robert Farrell as attorney-in-fact for Marc M.D. Schegerin
Issuer symbol
N/A
Transactions as of
12 Jan 2024
Net transactions value
-$166,071
Form type
4
Filing time
17 Jan 2024, 19:03:36 UTC
Previous filing
08 Sep 2023
Next filing
10 Jul 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MORF Common Stock Options Exercise $0 +14,675 +61% $0.000000 38,811 13 Jan 2024 Direct F1
transaction MORF Common Stock Options Exercise $0 +4,690 +12% $0.000000 43,501 14 Jan 2024 Direct F1
transaction MORF Common Stock Sale $166,071 -6,041 -14% $27.49 37,460 16 Jan 2024 Direct F2

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) Award $0 +133,200 $0.000000 133,200 12 Jan 2024 Common Stock 133,200 $27.79 Direct F3
transaction MORF Restricted Stock Unit Award $0 +85,800 $0.000000 85,800 12 Jan 2024 Common Stock 85,800 Direct F1, F4
transaction MORF Restricted Stock Unit Options Exercise $0 -14,675 -25% $0.000000 44,025 13 Jan 2024 Common Stock 14,675 Direct F1, F5
transaction MORF Restricted Stock Unit Options Exercise $0 -4,690 -33% $0.000000 9,380 14 Jan 2024 Common Stock 4,690 Direct F1, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

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 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.
F3 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.
F4 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.
F5 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.
F6 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.