Jennifer Dittman - Jun 7, 2024 Form 4 Insider Report for Third Harmonic Bio, Inc. (THRD)

Signature
/s/ Christopher Murphy, Attorney-in-Fact
Stock symbol
THRD
Transactions as of
Jun 7, 2024
Transactions value $
-$9,075
Form type
4
Date filed
6/10/2024, 04:26 PM
Previous filing
May 22, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction THRD Common Stock Award -$2.07K -494 -50% $4.20 494 Jun 7, 2024 Direct
transaction THRD Common Stock Sale -$7K -494 -100% $14.17 0 Jun 7, 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
transaction THRD Employee Stock Option (right to buy) Options Exercise $0 -494 -2.94% $0.00 16.3K Jun 7, 2024 Common Stock 494 $4.20 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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).

Explanation of Responses:

Id Content
F1 The sales reported on this Form 4 were effected pursuant to a Rule I 0b5-1 trading plan adopted by the Reporting Person on March 27, 2024.
F2 The option vests over a four-year period: 1/48th on April 6, 2023, after which 1/48th of the total shares vest monthly, subject to continued service through each vesting date.