Jonathan McNeill - 08 Mar 2024 Form 4 Insider Report for Dyne Therapeutics, Inc. (DYN)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
13 Mar 2024, 06:04:07 UTC
Prior SEC filing
11 Mar 2024
Next SEC filing
17 May 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Richard Scalzo, Attorney-in-Fact

Key filing fact

Jonathan McNeill filed Form 4 for Dyne Therapeutics, Inc. (DYN) on 13 Mar 2024.

Key facts

  • This page summarizes Jonathan McNeill's Form 4 filing for Dyne Therapeutics, Inc. (DYN).
  • 11 reported transactions and 3 derivative rows are listed below.
  • Accepted by SEC: 13 Mar 2024, 06:04.

Change

  • Previous filing in this sequence was filed on 11 Mar 2024.
  • Current net transaction value: -$2,264,023.

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.

DYN transaction

Common Stock

Options Exercise

Transaction value
$477,321
Shares
+86,159
Change %
+61%
Price
$5.54
Shares after
227,343
Date
08 Mar 2024
Ownership
Direct
DYN transaction

Common Stock

Options Exercise

Transaction value
$21,279
Shares
+3,841
Change %
+1.7%
Price
$5.54
Shares after
231,184
Date
08 Mar 2024
Ownership
Direct
Footnotes
F1
DYN transaction

Common Stock

Sale

Transaction value
$882,520
Shares
-34,663
Change %
-15%
Price
$25.46
Shares after
196,521
Date
08 Mar 2024
Ownership
Direct
Footnotes
F1
DYN transaction

Common Stock

Sale

Transaction value
$1,460,195
Shares
-54,648
Change %
-28%
Price
$26.72
Shares after
141,873
Date
08 Mar 2024
Ownership
Direct
Footnotes
F2
DYN transaction

Common Stock

Sale

Transaction value
$18,817
Shares
-689
Change %
-0.49%
Price
$27.31
Shares after
141,184
Date
08 Mar 2024
Ownership
Direct
Footnotes
F3
DYN transaction

Common Stock

Options Exercise

Transaction value
$98,750
Shares
+17,825
Change %
+13%
Price
$5.54
Shares after
159,009
Date
11 Mar 2024
Ownership
Direct
DYN transaction

Common Stock

Sale

Transaction value
$454,181
Shares
-17,825
Change %
-11%
Price
$25.48
Shares after
141,184
Date
11 Mar 2024
Ownership
Direct
Footnotes
F4
DYN transaction

Common Stock

Sale

Transaction value
$45,661
Shares
-1,776
Change %
-1.3%
Price
$25.71
Shares after
139,408
Date
11 Mar 2024
Ownership
Direct
Footnotes
F5, F6, F7

Reported derivative securities

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

DYN transaction Derivative

Stock option (right to buy)

Options Exercise

Transaction value
$0
Shares
-86,159
Change %
-87%
Price
$0.000000
Shares after
12,309
Date
08 Mar 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
86,159
Exercise price
$5.54
Footnotes
F8
DYN transaction Derivative

Stock option (right to buy)

Options Exercise

Transaction value
$0
Shares
-3,841
Change %
Price
$0.000000
Shares after
$17,825
Date
08 Mar 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
3,841
Exercise price
$5.54
Footnotes
F9
DYN transaction Derivative

Stock option (right to buy)

Options Exercise

Transaction value
$0
Shares
-17,825
Change %
-100%
Price
$0.000000*
Shares after
0
Date
11 Mar 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
17,825
Exercise price
$5.54
Footnotes
F9
* 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 9 footnotes

Footnote F1

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within the range of $25.25 to $26.22, 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 ranges set forth in this footnote of this Form 4.

Footnote F2

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within the range of $26.25 to $27.19, inclusive.

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 $27.27 to $27.39, inclusive.

Footnote F4

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within the range of $25.14 to $26.09, inclusive.

Footnote F5

Represents shares automatically sold by the Reporting Person to satisfy tax withholding obligations in connection with the vesting of restricted stock units granted to the Reporting Person on December 10, 2021 and December 9, 2022. The automatic sale of the Reporting Person's shares is provided for in a restricted stock unit agreement constituting a "binding contract" consistent with the affirmative defense to liability under Rule 10b5-1 and the sale does not represent a discretionary trade by the Reporting Person.

Footnote F6

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within the range of $25.67 to $25.81, inclusive.

Footnote F7

Includes 132,976 unvested RSUs.

Footnote F8

The option was granted on July 31, 2020. The shares underlying the option vest over four years in equal quarterly installments beginning on October 31, 2020.

Footnote F9

The option was granted on July 31, 2020, with 100% of the option to vest upon the clearance date of an IND application submitted to the FDA by the Company with respect to one ofitsproduct candidates. On July 5, 2022, in connection with the clearance by the FDA of the Company's IND application for DYNE-251, the Compensation Committee determined thattheperformance condition had been achieved.

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