Harlan Waksal - 09 Dec 2024 Form 4 Insider Report for Lyra Therapeutics, Inc. (LYRA)

Reporting relationship: Executive Chair, Director
Issuer ticker: LYRA
Reported as of: 09 Dec 2024
Net transaction value: $0
SEC form: 4
Accepted by SEC: 11 Dec 2024, 18:39:09 UTC
Prior SEC filing: 11 Jun 2024
Next SEC filing: 29 Jul 2026
Source filing: View source filing
Reporting owner signature: /s/ Jason Cavalier, Attorney-in-Fact for Harlan Waksal

Key filing fact

Harlan Waksal filed Form 4 for Lyra Therapeutics, Inc. (LYRA) on 11 Dec 2024.

Key facts

This page summarizes Harlan Waksal's Form 4 filing for Lyra Therapeutics, Inc. (LYRA).
1 reported transaction and 1 derivative row are listed below.
Accepted by SEC: 11 Dec 2024, 18:39.

Change

Previous filing in this sequence was filed on 11 Jun 2024.
Current net transaction value: $0.

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 derivative securities

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

LYRA transaction Derivative

Performance-based Restricted Stock Units

Award

Transaction value: $0
Shares: -128,333
Change %: -100%
Price: $0.000000
Shares after: 0
Date: 09 Dec 2024
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 128,333
Exercise price
Footnotes: F1, F2

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

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

Each Performance-based Restricted Stock unit ("PSU") represented a contingent right to receive one share of the Issuer's common stock.

Footnote F2

On March 21, 2024, the Reporting Person was granted a PSU for an aggregate of up to 385,000 shares of common stock under the Issuer's 2020 Incentive Award Plan (the "Agreement"). Under the terms of the Agreement, the underlying PSUs will become earned upon certain milestone events. On December 9, 2024, the Issuer determined that Milestone 1 of the PSU was achieved, resulting in 128,333 PSUs being earned. The earned PSUs will vest on January 31, 2028. The PSUs have no expiration date.