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Evans John M.'s Form 4/A amendment

Amended

Beam Therapeutics Inc. (BEAM) · filed Feb 2, 2022

Accession no.
0000899243-22-004197
Filed
Feb 2, 2022
Trade date
Nov 16, 2021-Jan 31, 2022
Filing delay
78 days
Rule 10b5-1 plan
Not on the form (before 2023)
Original filed
Jul 7, 2021

This filing lists 14 non-derivative transactions and 2 derivative transactions. Open-market sales total $3.34M. It was filed 78 days after the trade.

Reporting owners

A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.

Reporting owners on this filing
OwnerRelationship to the company
Evans John M.CIK 0001786304Director, Officer (CEO)

Non-derivative securities (Table I)

Acquisitions and disposals of common stock and similar shares, one row per line on the filing.

Non-derivative transactions
Trade dateSecurityTransactionSharesPriceValueShares afterOwnershipFlags
Nov 16, 2021Common StockGGiftDisposed−12,000$0.00$0968,825Direct
Jan 31, 2022Common StockSSaleDisposed−801$63.79F3−$51,095.79968,024Direct
Jan 31, 2022Common StockSSaleDisposed−2,172$64.47F4−$140,028.84965,852Direct
Jan 31, 2022Common StockSSaleDisposed−3,177$65.49F5−$208,061.73962,675Direct
Jan 31, 2022Common StockSSaleDisposed−6,337$66.55F6−$421,727.35956,338Direct
Jan 31, 2022Common StockSSaleDisposed−13,535$67.44F7−$912,800.4942,803Direct
Jan 31, 2022Common StockSSaleDisposed−3,978$68.15F8−$271,100.7938,825Direct
Jan 31, 2022Common StockMOption exerciseAcquired+100,000$1.03+$103,0001,038,825Direct
Jan 31, 2022Common StockSSaleDisposed−300$63.45F9−$19,035182,700Indirect
Jan 31, 2022Common StockSSaleDisposed−1,615$64.46F10−$104,102.9181,085Indirect
Jan 31, 2022Common StockSSaleDisposed−1,900$65.55F11−$124,545179,185Indirect
Jan 31, 2022Common StockSSaleDisposed−4,105$66.48F12−$272,900.4175,080Indirect
Jan 31, 2022Common StockSSaleDisposed−9,408$67.43F13−$634,381.44165,672Indirect
Jan 31, 2022Common StockSSaleDisposed−2,672$68.16F14−$182,123.52163,000Indirect

Derivative securities (Table II)

Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.

Derivative transactions
Trade dateSecurityTransactionUnderlying sharesUnit priceValueHeld afterOwnershipFlags
Jan 31, 2022Common StockMOption exerciseDisposed−100,000$0.00$0284,345Direct
Jan 31, 2022Common StockAGrant or awardAcquired+112,500$0.00$0112,500Direct

Footnotes and remarks

Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.

F1

On each of July 7, 2021 and October 6, 2021, the reporting person filed a Form 4 which inadvertently reported an exercise of stock options in connection with certain sales of common stock. In fact, the reporting person did not exercise any stock options in connection with the sales reported on such Forms 4. Accordingly, the first line of each of Tables 1 and 2 of this Form 4 reflects the corrected number of securities beneficially owned by the reporting person prior to the transactions reported herein.

F2

The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan. The sale price reported is a weighted average price. The reporting person undertakes to provide to Beam Therapeutics Inc. ("BEAM"), any security holder of BEAM 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.

F3

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $63.60 to $63.96, inclusive.

Referenced by the price of 1 transaction in Table I.

F4

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $64.21 to $64.50, inclusive.

Referenced by the price of 1 transaction in Table I.

F5

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $65.20 to $65.99, inclusive.

Referenced by the price of 1 transaction in Table I.

F6

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $66.09 to $66.94, inclusive.

Referenced by the price of 1 transaction in Table I.

F7

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $67.00 to $67.99, inclusive.

Referenced by the price of 1 transaction in Table I.

F8

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $68.00 to $68.60, inclusive.

Referenced by the price of 1 transaction in Table I.

F9

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $63.26 to $63.58, inclusive.

Referenced by the price of 1 transaction in Table I.

F10

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $64.17 to $64.50, inclusive.

Referenced by the price of 1 transaction in Table I.

F11

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $65.20 to $65.99, inclusive.

Referenced by the price of 1 transaction in Table I.

F12

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $66.00 to $66.94, inclusive.

Referenced by the price of 1 transaction in Table I.

F13

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $67.00 to $67.99, inclusive.

Referenced by the price of 1 transaction in Table I.

F14

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $68.00 to $68.60, inclusive.

Referenced by the price of 1 transaction in Table I.

F15

The option vests as to 25% on the first anniversary of the of the vesting commencement date, January 8, 2018, and at a rate of 2.78% each month thereafter until the option is fully vested.

F16

The option vests in equal monthly installments each month following the date of grant for the subsequent 48 months, subject to the reporting person's continued service with BEAM through each vesting date.

Read the full filing on SEC EDGAR (opens in a new tab)