Alexandria Forbes - 07 Jan 2025 Form 4 Insider Report for MeiraGTx Holdings plc (MGTX)

Role
PRESIDENT & CEO, Director
Signature
/s/ Richard Giroux, Attorney-in-Fact for Alexandria Forbes
Issuer symbol
MGTX
Transactions as of
07 Jan 2025
Net transactions value
-$514,867
Form type
4
Filing time
10 Jan 2025, 21:07:20 UTC
Previous filing
08 Apr 2024
Next filing
16 Jan 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MGTX Ordinary Shares Options Exercise +62,500 +4.5% 1,463,989 07 Jan 2025 Direct F1, F2, F3
transaction MGTX Ordinary Shares Tax liability $209,524 -33,048 -2.3% $6.34 1,430,941 07 Jan 2025 Direct F4
transaction MGTX Ordinary Shares Sale $231,878 -35,839 -2.5% $6.47 1,395,102 07 Jan 2025 Direct F5, F6, F7
transaction MGTX Ordinary Shares Sale $73,464 -11,661 -0.84% $6.30 1,383,441 08 Jan 2025 Direct F5, F7, F8

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 MGTX Restricted Share Units Options Exercise $0 -62,500 -50% $0.000000 62,500 07 Jan 2025 Ordinary Shares 62,500 Direct F1, 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 Represents vesting of one-quarter of restricted share units granted on January 7, 2022.
F2 Each restricted share unit converts into one ordinary share upon vesting.
F3 On August 11, 2024, in a transaction exempt from Section 16 (including the reporting requirements) by virtue of Rule 16a-13, the reporting person received 28,985 ordinary shares as an annuity payment from a grantor retained annuity trust ("GRAT") and now reports "direct" beneficial ownership of those shares.
F4 Shares withheld for payment of taxes upon vesting of award.
F5 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 21, 2024.
F6 The price reported reflects the weighted average sales price. The shares were sold in multiple transactions at prices ranging from $6.26 to $6.63, inclusive.
F7 The reporting person undertakes to provide to the SEC staff, the issuer, or a security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price.
F8 The price reported reflects the weighted average sales price. The shares were sold in multiple transactions at prices ranging from $6.16 to $6.42, inclusive.