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

Role
Chief Financial Officer
Signature
/s/ Alex Nemiroff, as Attorney-in-Fact
Stock symbol
PRAX
Transactions as of
May 25, 2021
Transactions value $
$0
Form type
4
Date filed
5/26/2021, 05:02 PM
Next filing
Sep 2, 2021

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 +200K $0.00 200K May 25, 2021 Common Stock 200K $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.