Michael Charles Ferguson Hannay - 19 Mar 2024 Form 3 Insider Report for BICYCLE THERAPEUTICS plc (BCYC)

Role: CHIEF PROD & SUPPLY CHAIN OFF
Signature: /s/ Jason Minio, Attorney-in-Fact
Issuer symbol: BCYC
Transactions as of: 19 Mar 2024
Net transactions value: $0
Form type: 3
Filing time: 21 Mar 2024, 19:06:53 UTC
Next filing: 12 Apr 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	BCYC	Ordinary Shares						23,148	19 Mar 2024	Direct	F1

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
holding	BCYC	Employee Stock Option (right to buy)							19 Mar 2024	Ordinary Shares	50,000	$28.81	Direct	F2
holding	BCYC	Employee Stock Option (right to buy)							19 Mar 2024	Ordinary Shares	16,400	$29.60	Direct	F3
holding	BCYC	Employee Stock Option (right to buy)							19 Mar 2024	Ordinary Shares	31,000	$18.08	Direct	F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Includes 22,150 restricted stock units ("RSUs"). 6,150 shall vest in 12 equal quarterly installments commencing on April 3, 2024 and 16,000 shall vest one-fourth (1/4) of the total number of RSUs on January 2, 2025 and the remaining RSUs subject to this award shall vest in 12 equal quarterly installments thereafter.
F2	This option shall vest one-fourth (1/4) of the total number of shares underlying the option on April 12, 2023 and the remaining shares in 36 equal monthly installments thereafter.
F3	This option shall vest one-fourth (1/4) of the total number of shares underlying the option on January 3, 2024 and the remaining shares in 36 equal monthly installments thereafter.
F4	This option shall vest one-fourth (1/4) of the total number of shares underlying the option on January 2, 2025 and the remaining shares in 36 equal monthly installments thereafter.