Nerissa Kreher - Oct 25, 2022 Form 4 Insider Report for Entrada Therapeutics, Inc. (TRDA)

Signature
/s/ Jared Cohen, as Attorney-in-Fact
Stock symbol
TRDA
Transactions as of
Oct 25, 2022
Transactions value $
-$249,249
Form type
4
Date filed
10/27/2022, 06:49 PM
Previous filing
Sep 28, 2022
Next filing
Jan 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TRDA Common Stock Options Exercise $16.9K +8.04K +38.81% $2.10* 28.8K Oct 25, 2022 Direct F1
transaction TRDA Common Stock Sale -$101K -4.94K -17.19% $20.53 23.8K Oct 25, 2022 Direct F1, F2
transaction TRDA Common Stock Sale -$64.2K -3K -12.59% $21.42 20.8K Oct 25, 2022 Direct F1, F3
transaction TRDA Common Stock Sale -$2.21K -100 -0.48% $22.13 20.7K Oct 25, 2022 Direct F1
transaction TRDA Common Stock Options Exercise $10.4K +4.96K +23.94% $2.10* 25.7K Oct 26, 2022 Direct F1
transaction TRDA Common Stock Sale -$13.6K -643 -2.5% $21.21 25K Oct 26, 2022 Direct F1, F4
transaction TRDA Common Stock Sale -$95K -4.32K -17.25% $22.01 20.7K Oct 26, 2022 Direct F1, F5

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 TRDA Stock Option (Right to Buy) Options Exercise $0 -8.04K -6.29% $0.00 120K Oct 25, 2022 Common Stock 25K $2.10 Direct F1, F6, F7
transaction TRDA Stock Option (Right to Buy) Options Exercise $0 -4.96K -4.14% $0.00 115K Oct 26, 2022 Common Stock 20.7K $2.10 Direct F1, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 16, 2022.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.00 to $20.98, 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.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $21.01 to $21.895, 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.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.79 to $21.66, 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.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $21.79 to $22.55, 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.
F6 25% of the shares subject to this option shall vest and become exercisable on December 7, 2021, with the remaining 75% vesting in 36 equal monthly installments thereafter.
F7 The Form 4 filed by the reporting person on September 12, 2022 inadvertently understated the number of shares remaining subject to this option following the transactions reported therein by 111,690 shares, an error that was carried forward onto the reporting person's subsequent Form 4 filings. Prior to the transactions reported herein, the correct number of shares remaining subject to this option was 127,722 shares.