Atlas Venture Fund XI, L.P. sold DYN

February 27, 2024 · Form 4 insider transaction

Atlas Venture Fund XI, L.P. sold 272,923 shares of Dyne Therapeutics, Inc. at $24.38 per share, a transaction worth $6.65M. The trade was recorded as open-market sale under a pre-scheduled Rule 10b5-1 plan and disclosed on an SEC Form 4, filed 1 day after the transaction.

Direction
Disposed (sell-side)
Shares
272,923
Price
$24.38
Total value
$6.65M
Role10% owner
SecurityCommon Stock
Transaction codeS: Open-market sale
Transaction dateFebruary 27, 2024
Filing dateFebruary 28, 2024
Shares owned after5,878,544
OwnershipDirect
10b5-1 planYes
AmendedNo

Footnotes

This transaction was made pursuant to a Rule 10b5-1 trading plan adopted by Atlas Venture Fund XI, L.P. on January 10, 2024.; The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $23.62 to $24.615 inclusive.; The shares are held directly by Atlas Venture Fund XI, L.P. ("Atlas Venture Fund XI"). The general partner of Atlas Venture Fund XI is Atlas Venture Associates XI, L.P. ("AVA XI LP"). Atlas Venture Associates XI, LLC ("AVA XI LLC") is the general partner of AVA XI LP. Each of AVA XI LP and AVA XI LLC disclaims Section 16 beneficial ownership of the securities held by Atlas Venture Fund XI, except to the extent of its pecuniary interest therein, if any.

View the original Form 4 on SEC EDGAR