Nicholas Keen - Apr 3, 2024 Form 4 Insider Report for BICYCLE THERAPEUTICS plc (BCYC)

Signature
/s/ Jason Minio, Attorney-in-Fact
Stock symbol
BCYC
Transactions as of
Apr 3, 2024
Transactions value $
-$18,810
Form type
4
Date filed
4/5/2024, 04:30 PM
Previous filing
Jan 4, 2024
Next filing
Jul 8, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BCYC Ordinary Shares Sale -$18.8K -790 -1.24% $23.81 62.8K Apr 3, 2024 Direct F1, F2
holding BCYC Ordinary Shares 7K Apr 3, 2024 By GRAT
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the number of shares required to be sold to cover the statutory tax withholding obligations in connection with the vesting and settlement of the RSUs. This sale is mandated by the Reporting Person's award agreement that requires the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary sale by the Reporting Person.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $23.75 to $24.05 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.