Kinney Horn - 18 May 2021 Form 4 Insider Report for Olema Pharmaceuticals, Inc. (OLMA)

Role
CHIEF BUSINESS OFFICER
Signature
/s/ John B. Moriarty Jr., Attorney-in-Fact
Issuer symbol
OLMA
Transactions as of
18 May 2021
Net transactions value
-$1,275,546
Form type
4
Filing time
19 May 2021, 20:18:47 UTC
Next filing
11 Jun 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OLMA Common Stock Options Exercise $119,223 +57,763 +3227% $2.06* 59,553 18 May 2021 Direct F1
transaction OLMA Common Stock Sale $1,180,882 -49,142 -83% $24.03 10,411 18 May 2021 Direct F2, F3
transaction OLMA Common Stock Sale $213,887 -8,621 -83% $24.81 1,790 18 May 2021 Direct F2, F4

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 OLMA Stock Option (Right to Buy) Options Exercise $0 -57,763 -23% $0.000000 194,297 18 May 2021 Common Stock 57,763 $2.06 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 1,790 shares acquired under the issuer's Employee Stock Purchase Plan on May 14, 2021.
F2 The sales reported in this Form 4 were effected pursuant to a 10b5-1 trading plan adopted by the reporting person.
F3 The weighted average sale price for the transaction reported was $24.03, and the range of prices were between $23.51 and $24.50. Upon request from the SEC staff, the issuer, or any security holder of the issuer, full information regarding the number of shares sold at each separate price will be provided.
F4 The weighted average sale price for the transaction reported was $24.81, and the range of prices were between $24.52 and $25.23. Upon request from the SEC staff, the issuer, or any security holder of the issuer, full information regarding the number of shares sold at each separate price will be provided.
F5 The shares subject to the option vest in a series of 48 successive equal monthly installments measured from June 10, 2020, subject to the Reporting Person's continuous service through each applicable vesting date.