Valerie Morisset - Jul 1, 2024 Form 4 Insider Report for Eliem Therapeutics, Inc. (ELYM)

Role: EVP, R&D AND CSO
Signature: /s/ William Cowles, Attorney-in-Fact
Stock symbol: ELYM
Transactions as of: Jul 1, 2024
Transactions value $: -$337,998
Form type: 4
Date filed: 7/3/2024, 02:42 PM
Previous filing: Apr 8, 2024
Next filing: Jul 9, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ELYM	Common Stock	Options Exercise	$1.53	+7.65K	+1.51%	$0.00^*	513K	Jul 1, 2024	Direct
transaction	ELYM	Common Stock	Sale	-$338K	-50K	-9.75%	$6.76	463K	Jul 3, 2024	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	-7.65K	-42.86%	$0.00	10.2K	Jul 1, 2024	Common Stock	7.65K	$0.00	Direct	F1

* 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 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.

Content

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.