Lucchino David L.'s Form 4/A amendment
AmendedKorro Bio, Inc. (KRRO) · filed Jul 12, 2023
- Accession no.
- 0000950170-23-032731
- Filed
- Jul 12, 2023, 9:16 PM ET
- Trade date
- Feb 1-Jul 6, 2023
- Filing delay
- 161 days
- Rule 10b5-1 plan
- Checked
- Original filed
- Jul 7, 2023
This filing lists 4 non-derivative transactions and 1 derivative transaction. Open-market sales total $942.82. It was filed 161 days after the trade.
This amendment replaces 0001127602-23-020474 (filed Jul 7, 2023).
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.
| Owner | Relationship to the company |
|---|---|
| Lucchino David L.CIK 0001785288 | Director, Officer (President and CEO) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Feb 1, 2023 | Common Stock | GGiftDisposed | −13,345 | $0.00 | $0 | 456,766 | Direct | |
| Feb 3, 2023 | Common Stock | GGiftDisposed | −33,345 | $0.00 | $0 | 423,421 | Direct | |
| Jul 4, 2023 | Common Stock | MOption exerciseAcquired | +300,000 | –F1 | – | 723,421 | Direct | |
| Jul 6, 2023 | Common Stock | SSaleDisposed | −2,773 | $0.34F3 | −$942.82 | 720,648 | Direct |
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.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Jul 4, 2023 | Common Stock | MOption exerciseDisposed | −300,000 | –F1 | – | 0 | Direct |
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
Each Restricted Stock Unit represents a contingent right to receive one share of Issuer common stock.
Referenced by the price of 1 transaction in Table I and 1 transaction in Table II.
- F2
Represents a portion of the shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of the Restricted Stock Units pursuant to a Rule 10b5-1 trading plan entered into on March 22, 2022 and does not represent discretionary trades by the Reporting Person.
- F3
This transaction was executed in multiple trades through a broker-dealer at prices ranging from $0.33 to $0.35. The price reported in this column reflects the weighted average sales price. Upon request, the reporting person will provide to the SEC staff full information regarding the number of shares sold at each price.
Referenced by the price of 1 transaction in Table I.
- F4
The Restricted Stock Units vested on July 4, 2023 and do not have an expiration date.
Remarks
This Form 4/A is being filed to correct (i) the vesting transaction dates, (ii) the number of Restricted Stock Units reported as vesting on Table II in columns 5 and 7, (iii) the aggregate derivatives following the transaction on Table II in column 9, (iv) the acquisition of shares on Table I in column 4, and (v) the aggregate securities following the transaction in column 5 of Table I.