Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | OLMA | Common Stock | Sale | -$253K | -20K | -3.38% | $12.67 | 572K | Sep 19, 2023 | Direct | F1, F2, F3 |
holding | OLMA | Common Stock | 12.8K | Sep 19, 2023 | See Footnote | F4 | |||||
holding | OLMA | Common Stock | 155K | Sep 19, 2023 | See Footnote | F5 |
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).
Id | Content |
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F1 | The sales reported in this Form 4 were effected pursuant to a 10b5-1 trading plan adopted by the Reporting Person dated June 20, 2023. |
F2 | The weighted average sale price for the transaction reported was $12.67, and the range of prices were between $12.31 and $12.85. 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. |
F3 | Includes 1,446 shares acquired under the issuer's Employee Stock Purchase Plan on May 15, 2022, and 7,664 shares acquired under the issuer's Employee Stock Purchase Plan on May 15, 2023. |
F4 | The shares are held by The Myles Family Revocable Inter Vivos Trust, of which the Reporting Person is trustee. |
F5 | The shares are held by Myles Properties Inc., of which the Reporting Person is President. |