EX-FILING FEES 4 dsgn-exfiling_fees.htm EX-FILING FEES EX-FILING FEES

 

Exhibit 107

Calculation of Filing Fee Tables

 

Form S-8

(Form Type)

 

Design Therapeutics, Inc.

(Exact name of Registrant as Specified in its Charter)

 

 

 

Security Type

 

Security

Class Title

 

Fee Calculation

 Rule

 

Amount Registered(1)

 

Proposed Maximum Offering Price Per Share(2)

Maximum Aggregate Offering Price(2)

 

 

Fee Rate

 

Amount

of Registration Fee

Fees to be

Paid

Equity

Common Stock, $0.0001 par value per share, reserved for issuance pursuant to the 2021 Equity Incentive Plan

 

Other(2)

 

2,823,679 shares(3)

$2.59

$7,313,329

 

0.00014760

$1,080

Equity

Common Stock, $0.0001 par value per share, reserved for issuance pursuant to the 2021 Employee Stock Purchase Plan

Other(2)

564,735 shares(4)

$2.59

$1,462,664

 

0.00014760

$216

 

Total Offering Amounts

--

$8,775,993

--

$1,296

 

Total Fees Previously Paid

--

--

--

--

 

Total Fee Offsets

--

--

--

--

 

Net Fee Due

--

--

--

$1,296

 

(1)

Pursuant to Rule 416(a) under the Securities Act of 1933, as amended (the “Securities Act”), this Registration Statement shall also cover any additional shares of Common Stock (“Common Stock”) of Design Therapeutics, Inc. (the “Registrant”) that become issuable under the Registrant’s 2021 Equity Incentive Plan (the “2021 Plan”), or the Registrant’s 2021 Employee Stock Purchase Plan (the “2021 ESPP”) by reason of any stock dividend, stock split, recapitalization or other similar transaction.

 

(2)

This estimate is made pursuant to Rule 457(c) and Rule 457(h)(1) of the Securities Act solely for purposes of calculating the registration fee. The price per share and aggregate offering price are based upon the average of the high and low prices of the Common Stock on March 14, 2024, as reported by The Nasdaq Global Select Market.

 

(3)

Represents shares of Common Stock that were automatically added to the shares authorized for issuance under the 2021 Plan on January 1, 2024 pursuant to an “evergreen” provision contained in the 2021 Plan. Pursuant to such provision, on January 1st of each year commencing in 2022 and ending on (and including) January 1, 2031, the number of shares authorized for issuance under the 2021 Plan is automatically increased by a number equal to: (a) 5% of the total number of shares of

 


 

 

capital stock outstanding on December 31st of the preceding calendar year; or (b) a lesser number of shares of Common Stock as the Registrant’s board of directors (the “Board”) may designate no later than December 31st of the immediately preceding year.

 

(4)

Represents shares of Common Stock that were automatically added to the shares authorized for issuance under the 2021 ESPP on January 1, 2024 pursuant to an “evergreen” provision contained in the 2021 ESPP. Pursuant to such provision, on January 1st of each year commencing in 2022 and ending on (and including) January 1, 2031, the number of shares authorized for issuance under the 2021 ESPP is automatically increased by a number equal to the lesser of: (a) 1% of the total number of shares of capital stock outstanding on December 31st of the preceding calendar year; (b) 1,200,000 shares; or (c) such lesser number of shares of Common Stock as the Board may designate prior to the applicable January 1st.