Suzanne Ildstad - 12 Jun 2023 Form 4 Insider Report for Talaris Therapeutics, Inc. (TRML)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
14 Jun 2023, 18:58:15 UTC
Prior SEC filing
09 Jun 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Mary Kay Fenton, attorney-in-fact

Key filing fact

Suzanne Ildstad filed Form 4 for Talaris Therapeutics, Inc. (TRML) on 14 Jun 2023.

Key facts

  • This page summarizes Suzanne Ildstad's Form 4 filing for Talaris Therapeutics, Inc. (TRML).
  • 4 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 14 Jun 2023, 18:58.

Change

  • Previous filing in this sequence was filed on 09 Jun 2023.
  • Current net transaction value: -$112,307.

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.

TALS transaction

Common Stock

Sale

Transaction value
$43,725
Shares
-16,870
Change %
-0.44%
Price
$2.59
Shares after
3,798,542
Date
12 Jun 2023
Ownership
Direct
Footnotes
F1
TALS transaction

Common Stock

Sale

Transaction value
$36,338
Shares
-14,208
Change %
-0.37%
Price
$2.56
Shares after
3,784,334
Date
13 Jun 2023
Ownership
Direct
Footnotes
F2
TALS transaction

Common Stock

Sale

Transaction value
$32,244
Shares
-12,942
Change %
-0.34%
Price
$2.49
Shares after
3,771,392
Date
14 Jun 2023
Ownership
Direct
Footnotes
F3
TALS holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
654,205
Date
12 Jun 2023
Ownership
See footnote
Footnotes
F4
TALS holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
654,205
Date
12 Jun 2023
Ownership
See footnote
Footnotes
F5

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

TALS transaction Derivative

Stock Option (Right to Buy)

Award

Transaction value
$0
Shares
+20,500
Change %
Price
$0.000000
Shares after
20,500
Date
13 Jun 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
20,500
Exercise price
$2.54
Footnotes
F6
* 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 6 footnotes

Footnote F1

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.52 to $2.59, 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.

Footnote F2

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.52 to $2.56, 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.

Footnote F3

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.43 to $2.49, 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.

Footnote F4

These shares are held in a trust for the benefit of the Reporting Person's son. The Reporting Person's son is co-trustee of the trust. The Reporting Person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.

Footnote F5

These shares are held in a trust for the benefit of the Reporting Person's daughter. The Reporting Person's daughter is co-trustee of the trust. The Reporting Person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.

Footnote F6

The shares underlying this option shall vest as follows: the earlier of (i) the first anniversary of the date of grant or (ii) the date of the next Annual Meeting.

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