Dannielle Appelhans - 09 Aug 2022 Form 4 Insider Report for Rubius Therapeutics, Inc.

Signature
/s/ Maiken Keson-Brookes, as Attorney-in-Fact
Issuer symbol
N/A
Transactions as of
09 Aug 2022
Net transactions value
-$4,590
Form type
4
Filing time
12 Aug 2022, 15:06:56 UTC
Previous filing
19 Jul 2022
Next filing
01 Feb 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RUBY Common Stock Options Exercise +12,500 12,500 09 Aug 2022 Direct F1
transaction RUBY Common Stock Sale $4,590 -5,737 -46% $0.8000* 6,763 10 Aug 2022 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 RUBY Restricted Stock Units Options Exercise $0 -12,500 -25% $0.000000 37,500 09 Aug 2022 Common Stock 12,500 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
F2 Represents the number of shares required to be sold to cover the statutory tax withholding obligations in connection with the vesting of the restricted stock units listed in Table II. This sale is mandated by the Issuer's election under its equity incentive plans to require the satisfaction of minimum statutory tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary sale by the reporting person.
F3 The shares underlying the restricted stock units vest in four equal annual installments beginning on August 9, 2022.