David S. Ege - 03 Feb 2023 Form 4 Insider Report for Seres Therapeutics, Inc. (MCRB)

Signature
/s/ Thomas J. DesRosier, attorney-in-fact for David S. Ege
Issuer symbol
MCRB
Transactions as of
03 Feb 2023
Net transactions value
$0
Form type
4
Filing time
07 Feb 2023, 16:50:49 UTC
Previous filing
31 Oct 2022
Next filing
01 May 2023

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 MCRB Restricted Stock Units Award $0 +47,500 $0.000000 47,500 03 Feb 2023 Common Stock 47,500 Direct F1, F2
transaction MCRB Stock Option (Right to Buy) Award $0 +95,000 $0.000000 95,000 03 Feb 2023 Common Stock 95,000 $5.50 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of Issuer common stock.
F2 The restricted stock units will vest and settle as to 25% of the restricted stock units on February 15, 2024. The remainder of the restricted stock units will vest and settle in 12 equal quarterly installments thereafter.
F3 The option will vest as to 25% of the shares on February 3, 2024. The remainder of the shares will vest in 12 equal quarterly installments thereafter.

Remarks:

Executive Vice President and Chief Technology Officer