Signature
/s/ Peter Harwin, Managing Member of Fairmount Funds Management LLC
Stock symbol
VRDN
Transactions as of
Jun 9, 2025
Transactions value $
$166,355
Form type
4
Date filed
6/11/2025, 05:00 PM
Previous filing
Jun 3, 2025
Next filing
Jun 12, 2025

Reporting Owners (3)

Name Relationship Address Signature Signature date CIK
Fairmount Funds Management LLC Director, 10%+ Owner 200 BARR HARBOR DRIVE, SUITE 400, WEST CONSHOHOCKEN /s/ Peter Harwin, Managing Member of Fairmount Funds Management LLC 2025-06-11 0001802528
Fairmount Healthcare Fund II GP LLC Director, 10%+ Owner 200 BARR HARBOR DRIVE, SUITE 400, WEST CONSHOHOCKEN /s/ Peter Harwin, Managing Member of Fairmount Healthcare Fund II GP LLC 2025-06-11 0001830382
Fairmount Healthcare Fund II L.P. Director, 10%+ Owner 200 BARR HARBOR DRIVE, SUITE 400, WEST CONSHOHOCKEN /s/ Peter Harwin, Managing Member of Fairmount Healthcare Fund II L.P 2025-06-11 0001769651

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VRDN Common Stock Options Exercise $12.5K +1.6K +0.05% $7.80 3.45M Jun 9, 2025 Fairmount Healthcare Fund II LP F1
transaction VRDN Common Stock Options Exercise $154K +12.5K +0.36% $12.31 3.46M Jun 10, 2025 Fairmount Healthcare Fund II LP 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 VRDN Stock Option (Right to Buy) Options Exercise $0 -1.6K -100% $0.00 0 Jun 9, 2025 Common Stock 1.6K $7.80 By: Peter Harwin F2, F3
transaction VRDN Stock Option (Right to Buy) Options Exercise $0 -12.5K -100% $0.00 0 Jun 10, 2025 Common Stock 12.5K $12.31 By: Peter Harwin F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Fairmount Funds Management LLC ("Fairmount") and Fairmount Healthcare Fund II GP LLC ("Fairmount GP II") have voting power and investment power over the securities held by Fairmount Healthcare Fund II LP ("Fund II"). They disclaim beneficial ownership of securities held by Fund II for purposes of Rule 16a-1(a)(2), except to the extent of their pecuniary interest therein.
F2 Beginning on October 27, 2020, the option vested monthly over a three-year period, subject to Peter Harwin's continued service to the Issuer. Mr. Harwin, a Managing Member of Fairmount and Fairmount GP II, served on the Issuer's Board of Directors through March 10, 2025.
F3 Under Mr. Harwin's arrangement with Fairmount, Mr. Harwin held options received as director compensation from the Issuer for one or more investment vehicles managed by Fairmount (each, a "Fairmount Fund"). Mr. Harwin is obligated to turn over to Fairmount any net cash or stock received from such options for the benefit of such Fairmount Fund. Mr. Harwin therefore disclaims beneficial ownership of the option and underlying common stock. Fairmount disclaims beneficial ownership of any of the reported securities, except to the extent of its pecuniary interest therein.

Remarks:

The Reporting Persons may each be deemed a director by deputization of Issuer by virtue of the fact that Tomas Kiselak serves on the board of directors of Issuer and is also a Managing Member of Fairmount Funds Management LLC.