David Arkowitz - 27 Apr 2023 Form 4 Insider Report for Seres Therapeutics, Inc. (MCRB)

Signature
/s/ Thomas J. DesRosier, attorney-in-fact for David Arkowitz
Issuer symbol
MCRB
Transactions as of
27 Apr 2023
Transactions value $
$0
Form type
4
Filing time
01 May 2023, 16:43:22 UTC
Previous filing
14 Apr 2023
Next filing
31 Oct 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MCRB Common stock Award $0 +42.5K +34.24% $0.00 167K 27 Apr 2023 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On November 23, 2021, the reporting person was granted an award of 85,000 restricted stock units, which vested in the form of shares of the Issuer's common stock in two equal installments upon the satisfaction of certain performance criteria. On April 27, 2023, the Issuer's Board of Directors determined that the performance criteria for the second installment were met, resulting in the vesting and settlement of the award as to 42,500 shares.
F2 Includes 11,121 shares of common stock acquired under the Issuer's employee stock purchase plan.