Jacob Chacko - Apr 21, 2023 Form 4 Insider Report for 4D Molecular Therapeutics, Inc. (FDMT)

Role
Director
Signature
/s/ August J. Moretti, Attorney-in-Fact for Jacob Chacko
Stock symbol
FDMT
Transactions as of
Apr 21, 2023
Transactions value $
-$53,220
Form type
4
Date filed
4/25/2023, 06:43 PM
Previous filing
Feb 2, 2023
Next filing
May 25, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FDMT Common Stock Options Exercise $47.1K +5K $9.41 5K Apr 21, 2023 Direct F1
transaction FDMT Common Stock Sale -$100K -5K -100% $20.05 0 Apr 21, 2023 Direct F1, F2

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 FDMT Stock Option (Right to Buy) Options Exercise $0 -5K -13.33% $0.00 32.5K Apr 21, 2023 Common Stock 5K $9.41 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Transaction made pursuant to a 10b5-1 trading plan adopted by the Reporting Person on December 28, 2022.
F2 The transaction was executed in multiple trades in prices ranging from $20.00 to $20.23, inclusive. The price reported in Column 4 above reflects the weighted average sale price. The reporting person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.
F3 The stock option is fully vested and exercisable.