Form 4 for PRAX Praxis Precision Medicines, Inc.
Accepted 2025-01-14 00:00:00 ET · period of report 2025-01-10 · accession 0001689548-25-000014 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2025-01-14 | 2025-01-10 | PRAX | Kelly Timothy Edwin | CFO | A - Grant | $0.00 | +12.5K | 24.7K | +102% | $0 |
| D | 2025-01-14 | 2025-01-12 | PRAX | Kelly Timothy Edwin | CFO | F - Tax | $63.15 | -676 | 24.0K | -3% | -$42.7K |
| D | 2025-01-14 | 2025-01-10 | PRAX | Kelly Timothy Edwin | CFO | A - Grant | $0.00 | +25.0K | 25.0K | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2025-01-10 | A | A | 12,500 | $0.00 | 24,706 | D | — | — | (F1) Mr. Kelly was awarded 12,500 restricted stock units. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock. The restricted stock units vest in equal annual installments over a four-year period beginning on the one-year anniversary of the vesting commencement date of January 10, 2025. The restricted stock units may be settled only by delivering shares of the Issuer's Common Stock, and thus, the grant is being reported in Table 1 as allowed per SEC guidance. |
| 2 | Common | Common Stock | 2025-01-12 | F | D | 676 | $63.15 | 24,030 | D | — | — | |
| 3 | Derivative | Stock Option (Right to Buy) | 2025-01-10 | A | A | 25,000 | $0.00 | 25,000 | D | $63.15 · — to 2035-01-10 | 25,000 Common Stock | (F3) The shares underlying this stock option vest over a four-year period, with 25% vesting on January 10, 2026 and the remaining 75% vesting in 36 equal monthly installments thereafter, subject to the reporting person's continued service through each vesting date. |