Jeremy M. Levin - Oct 8, 2019 Form 4/A Insider Report for Ovid Therapeutics Inc. (OVID)

Signature
/s/ Danielle Mann for Jeremy M. Levin by POA
Stock symbol
OVID
Transactions as of
Oct 8, 2019
Transactions value $
$0
Form type
4/A
Date filed
2/14/2024, 04:15 PM
Date Of Original Report
Oct 10, 2019
Next filing
Feb 4, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OVID Common Stock Gift $0 -465K -100% $0.00* 0 Sep 20, 2019 See Footnote F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares were transferred to two family trusts for the benefit of the Reporting Person's adult children as part of generational estate planning. These transfers were made for no consideration. The Reporting Person does not serve as the trustee of the family trusts, nor does he maintain investment control over, or have a pecuniary interest in, the shares. These transactions are being reported late due to an inadvertent administrative error.
F2 Prior to the gift, the reportable securities were owned directly by DSL-EAL Holdings LLC (the "LLC"). The Reporting Person is the manager of the LLC. The Reporting Person may be deemed to share voting and investment powers for the shares held by the LLC. The Reporting Person disclaims beneficial ownership of the shares held by the LLC and this report shall not be deemed an admission of beneficial ownership of such shares for the purposes of Section 16 or for any other purpose, except to the extent of any pecuniary interest therein.