Alex Nemiroff - 29 Jul 2024 Form 4 Insider Report for Praxis Precision Medicines, Inc. (PRAX)

Role
General Counsel and Secretary
Signature
/s/ Alex Nemiroff
Issuer symbol
PRAX
Transactions as of
29 Jul 2024
Transactions value $
$0
Form type
4
Filing time
31 Jul 2024, 21:02:07 UTC
Previous filing
14 Feb 2024
Next filing
15 Nov 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PRAX Common Stock Award $0 +7.8K +247.07% $0.00 11K 29 Jul 2024 Direct F1

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 PRAX Stock Option (Right to Buy) Award $0 +36.4K $0.00 36.4K 29 Jul 2024 Common Stock 36.4K $56.94 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Mr. Nemiroff was awarded 7,800 restricted stock units. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock. The restricted stock units vest in equal annual installments over a four-year period beginning on January 12, 2025, subject to the reporting person's continued service through each vesting date. The restricted stock units have no expiration date.
F2 The shares underlying this stock option vested as to 7/48ths on July 29, 2024 and the remaining shares vest in substantially equal monthly installments over the following 41 months, subject to the reporting person's continued service through each vesting date.