Mark Bodmer - 07 Nov 2023 Form 4 Insider Report for Evelo Biosciences, Inc.

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
08 Nov 2023, 20:32:53 UTC
Prior SEC filing
03 Nov 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Marella Thorell, Attorney-in-Fact for Mark Bodmer

Key filing fact

Mark Bodmer filed Form 4 for Evelo Biosciences, Inc. on 08 Nov 2023.

Key facts

  • This page summarizes Mark Bodmer's Form 4 filing for Evelo Biosciences, Inc..
  • 3 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 08 Nov 2023, 20:32.

Change

  • Previous filing in this sequence was filed on 03 Nov 2023.
  • Current net transaction value: -$1,044.

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.

EVLO transaction

Common Stock

Options Exercise

Transaction value
Shares
+6,625
Change %
+30%
Price
Shares after
28,895
Date
07 Nov 2023
Ownership
Direct
Footnotes
F1
EVLO transaction

Common Stock

Sale

Transaction value
$1,044
Shares
-3,163
Change %
-11%
Price
$0.3300
Shares after
25,732
Date
08 Nov 2023
Ownership
Direct
Footnotes
F2, F3

Reported derivative securities

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

EVLO transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-6,625
Change %
-50%
Price
$0.000000
Shares after
6,625
Date
07 Nov 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
6,625
Exercise price
Footnotes
F1, F4
* 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 4 footnotes

Footnote F1

Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Issuer common stock.

Footnote F2

The sale reported in the Form 4 was effected pursuant to a Rule 10b5-1 instruction entered into by the Reporting Person, solely with the intent to cover withholding taxes in connection with the vesting of certain previously reported restricted stock units.

Footnote F3

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within the range of $0.32 to $0.34, inclusive. The Reporting Person undertakes to provide to 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 of this Form 4.

Footnote F4

The RSUs vest in four (4) substantially equal quarterly installments following the February 07, 2023 grant date, such that all of the Restricted Stock Units will become vested on the first anniversary of the grant date, subject to the Reporting Person's continued service to the issuer on each such vesting date. These RSUs have no expiration date.

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