Peter P. Pfreundschuh - Feb 16, 2022 Form 4 Insider Report for Frequency Therapeutics, Inc. (FREQ)

Signature
/s/ James P. Abely, Attorney-in-Fact for Peter P. Pfreundschuh
Stock symbol
FREQ
Transactions as of
Feb 16, 2022
Transactions value $
-$10,886
Form type
4
Date filed
2/18/2022, 03:14 PM
Previous filing
Feb 16, 2022
Next filing
Feb 23, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FREQ Common Stock Sale -$5.44K -1.23K -8.54% $4.43* 13.2K Feb 16, 2022 Direct F1, F2
transaction FREQ Common Stock Sale -$5.44K -1.3K -9.84% $4.20* 11.9K Feb 17, 2022 Direct F1, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction FREQ Restricted Stock Unit Award $0 +150K $0.00 150K Feb 17, 2022 Common Stock 150K Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a portion of the shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of the restricted stock units and does not represent discretionary trades by the Reporting Person.
F2 This transaction was executed in multiple trades through a broker-dealer at prices ranging from $4.29 to $4.54. The price reported in this column reflects the weighted average sales price. Upon request, the reporting person will provide to the SEC staff full information regarding the number of Shares sold at each price.
F3 This transaction was executed in multiple trades through a broker-dealer at prices ranging from $4.00 to $4.49. The price reported in this column reflects the weighted average sales price. Upon request, the reporting person will provide to the SEC staff full information regarding the number of Shares sold at each price.
F4 Each restricted stock unit represents a contingent right to receive one share of Issuer common stock.
F5 The restricted stock units will fully vest on July 4, 2023.