SEC Form 4 · accession 0001562180-15-000624
Eledon Pharmaceuticals, Inc. · ELDN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jodie Pope Morrison
Officer — President and CEO · Director
Period of report
Jul 28, 2015
Accepted (ET)
Jul 30, 2015 · 5:33 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001404281
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jul 28, 2015 | M | 12,000 | $1.58 | A | 31,551 | D | |
| Common StockF2 | Jul 28, 2015 | S | 12,000 | $13.70 | D | 19,551 | D | |
| Common Stock | Jul 29, 2015 | M | 564 | $1.58 | A | 20,115 | D | |
| Common Stock | Jul 29, 2015 | S | 564 | $13.70 | D | 19,551 | D | |
| Common Stock | Jul 29, 2015 | M | 7,000 | $0.63 | A | 26,551 | D | |
| Common Stock | Jul 29, 2015 | M | 3,000 | $1.37 | A | 29,551 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F3 | $1.58 | Jul 28, 2015 | M | 12,000 | D | — | Jun 26, 2023 | Common Stock | 12,000 | 313,300 | D |
| Stock Option (right to buy)F3 | $1.58 | Jul 29, 2015 | M | 564 | D | — | Jun 26, 2023 | Common Stock | 564 | 312,736 | D |
| Stock Option (right to buy)F4 | $0.63 | Jul 29, 2015 | M | 7,000 | D | — | May 5, 2019 | Common Stock | 7,000 | 8,015 | D |
| Stock Option (right to buy)F4 | $1.37 | Jul 29, 2015 | M | 3,000 | D | — | Jun 29, 2021 | Common Stock | 3,000 | 57,878 | D |
Explanation of responses
- F1The sales reported on this Form 4 were effected pursuant to a trading plan adopted pursuant to Rule 10b5-1 under the Securities Exchange Act of 1934, as amended.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.69 to $13.73 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range.
- F3This option was granted on June 26, 2013. With respect to 258,825 shares underlying the option, 2.0833% of those shares vested on July 1, 2013 and an additional 2.0833% of those shares vest on the first day of each month thereafter through June 1, 2017. With respect to 82,475 shares underlying the option, 8.333% of those shares vested on October 24, 2013 and an additional 2.0833% of those shares vest on the first day of each month thereafter through June 1, 2017. Upon the closing of the Issuers initial public offering in September 2014, the vesting for this option accelerated by 12 months.
- F4This option is fully vested.