Aoife Brennan - 03 Apr 2023 Form 4 Insider Report for SYNLOGIC, INC. (SYBX)

Reporting relationship: President and Chief Executive Officer, Director
Issuer ticker: SYBX
Reported as of: 03 Apr 2023
Net transaction value: -$10,964
SEC form: 4
Accepted by SEC: 05 Apr 2023, 16:15:14 UTC
Prior SEC filing: 21 Jun 2022
Next SEC filing: 09 Jun 2023
Source filing: View source filing
Reporting owner signature: /s/ Aoife Brennan

Key filing fact

Aoife Brennan filed Form 4 for SYNLOGIC, INC. (SYBX) on 05 Apr 2023.

Key facts

This page summarizes Aoife Brennan's Form 4 filing for SYNLOGIC, INC. (SYBX).
1 reported transaction and 0 derivative rows are listed below.
Accepted by SEC: 05 Apr 2023, 16:15.

Change

Previous filing in this sequence was filed on 21 Jun 2022.
Current net transaction value: -$10,964.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

SYBX transaction

Common Stock

Sale

Transaction value: $10,964
Shares: -19,042
Change %: -6.9%
Price: $0.5758
Shares after: 256,301
Date: 03 Apr 2023
Ownership: Direct
Footnotes: F1, F2

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Rule 10b5-1 trading plan

These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.

Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).

Explanation of responses 2 footnotes

Footnote F1

Represents the number of shares sold by the reporting person on April 3, 2023 to cover the tax liability in connection with the vesting of three restricted stock awards, vesting on April 1, 2023, that were granted in 2020, 2021, and 2022. The transaction reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 16, 2022.

Footnote F2

The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $0.5750 to $0.5798, inclusive. The reporting person will provide to the staff of the Securities and Exchange Commission, the issuer, or any security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price.

SEC remarks

President and Chief Executive Officer