Timothy Edwin Kelly - 25 May 2021 Form 4 Insider Report for Praxis Precision Medicines, Inc. (PRAX)

Role
Chief Financial Officer
Signature
/s/ Alex Nemiroff, as Attorney-in-Fact
Issuer symbol
PRAX
Transactions as of
25 May 2021
Net transactions value
$0
Form type
4
Filing time
26 May 2021, 17:02:12 UTC
Next filing
02 Sep 2021
SEC
View on sec.gov

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 PRAX Stock Option (Right to Buy) Award $0 +200,000 $0.000000 200,000 25 May 2021 Common Stock 200,000 $19.46 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares underlying this stock option vest over a four-year period, with 25% shares vesting on the one-year anniversary of the vesting commencement date of May 25, 2021 and the remaining 75% shares vesting in 36 equal monthly installments following such first anniversary, subject to the reporting person's continued service through each vesting date.