Filing Details

Accession Number:
0001599901-24-000044
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-03-15 16:12:24
Reporting Period:
2024-03-13
Accepted Time:
2024-03-15 16:12:24
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1599901 Avidity Biosciences Inc. RNA () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1383731 F Michael Maclean C/O Avidity Biosciences, Inc.
10578 Science Center Drive, Suite 125
San Diego CA 92121
Chief Financial Officer No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2024-03-13 40,000 $8.82 84,093 No 4 M Direct
Common Stock Disposition 2024-03-13 40,000 $24.52 44,093 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock Option (Right to Buy) Disposition 2024-03-13 40,000 $0.00 40,000 $8.82
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
244,427 2030-05-14 No 4 M Direct
Footnotes
  1. Includes the following securities previously acquired by the Reporting Person: (i) 39,384 restricted stock units under the Issuer's 2020 Incentive Award Plan and (ii) 4,709 shares of common stock under the Issuer's 2020 Employee Stock Purchase Plan.
  2. This represents a weighted-average price. These shares were sold in multiple transactions at prices ranging from $24.44 to $24.67. The Reporting Person undertakes to provide the Issuer, any securityholder 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 set forth in this footnote.
  3. 25% of the shares subject to the option vested on May 15, 2021, and 1/48th of the original number of shares subject to the option will vest monthly thereafter.