Marc Schegerin - Jul 8, 2024 Form 4 Insider Report for Morphic Holding, Inc. (MORF)

Signature
/s/ Robert Farrell for Marc Schegerin
Stock symbol
MORF
Transactions as of
Jul 8, 2024
Transactions value $
-$1,792,589
Form type
4
Date filed
7/10/2024, 05:34 PM
Previous filing
Jan 17, 2024
Next filing
Aug 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MORF Common Stock Options Exercise $659K +43.9K +115.9% $15.00 81.8K Jul 8, 2024 Direct F1
transaction MORF Common Stock Sale -$2.45M -43.9K -53.68% $55.80 37.9K Jul 8, 2024 Direct F2

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 MORF Employee Stock Option (right to buy) Options Exercise $0 -43.9K -76.72% $0.00 13.3K Jul 8, 2024 Common Stock 43.9K $15.00 Direct F3
* 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 Includes 447 shares of Common Stock acquired under the issuer's employee stock purchase plan on February 29, 2024.
F2 The sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 1, 2024.
F3 The option is fully vested.