Patrick R. O'Neil - 24 May 2023 Form 4 Insider Report for IONIS PHARMACEUTICALS INC (IONS)

Signature
Patrick R. O'Neil
Issuer symbol
IONS
Transactions as of
24 May 2023
Net transactions value
-$63,676
Form type
4
Filing time
24 May 2023, 20:25:23 UTC
Previous filing
02 Mar 2023
Next filing
28 Dec 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IONS Common Stock Sale $63,676 -1,527 -3.6% $41.70 40,355 24 May 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Shares sold pursuant to a Rule 10b5-1 Trading Plan adopted by the reporting person on November 16, 2022.