Valerie Morisset - 20 Sep 2023 Form 4 Insider Report for Eliem Therapeutics, Inc. (CLYM)

Signature
/s/ Brian Woodard, Attorney-in-Fact
Issuer symbol
CLYM
Transactions as of
20 Sep 2023
Net transactions value
+$13.92
Form type
4
Filing time
04 Mar 2024, 11:07:53 UTC
Previous filing
14 Mar 2023
Next filing
08 Apr 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ELYM Common Stock Options Exercise $10.86 +5,431 +1.2% $0.002000* 472,163 20 Sep 2023 Direct
transaction ELYM Common Stock Options Exercise $3.06 +15,297 +3.2% $0.000200* 487,460 20 Sep 2023 Direct

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 ELYM Stock Option (Right to Buy) Options Exercise $0 -5,431 -100% $0.000000* 0 20 Sep 2023 Common Stock 5,431 $0.002000 Direct F1
transaction ELYM Stock Option (Right to Buy) Options Exercise $0 -15,297 -25% $0.000000 45,893 20 Sep 2023 Common Stock 15,297 $0.000200 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares subject to this option shall vest at a rate of 12/48ths of the total number of shares on the one-year anniversary of April 1, 2019 (the "April 2019 Vesting Commencement Date") and 1/48th of the total number of shares each monthly anniversary of the April 2019 Vesting Commencement Date thereafter (or if there is no corresponding day, on the last day of the month) for so long as the Reporting Person remains an officer, director, employee, consultant and/or advisor of the Issuer, such that the total number of shares shall be fully vested on the four-year anniversary of the April 2019 Vesting Commencement Date.
F2 The shares subject to this option shall vest at a rate of 12/48ths of the total number of shares on the one-year anniversary of February 26, 2021 (the "February 2021 Vesting Commencement Date") and 1/48thof the total number of shares each monthly anniversary of the February 2021 Vesting Commencement Date thereafter (or if there is no corresponding day, on the last day of the month) for so long as the Reporting Person remains an officer, director, employee, consultant and/or advisor of the Issuer, such that the total number of shares shall be fully vested on the four-year anniversary of the February 2021Vesting Commencement Date.