Neill Reynolds - Dec 15, 2023 Form 4 Insider Report for WOLFSPEED, INC. (WOLF)

Signature
Bradley D. Kohn as agent for Neill Reynolds
Stock symbol
WOLF
Transactions as of
Dec 15, 2023
Transactions value $
-$153,993
Form type
4
Date filed
12/19/2023, 04:34 PM
Previous filing
Dec 12, 2023
Next filing
Dec 26, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WOLF COMMON STOCK Sale -$48.3K -1.12K -0.66% $43.26 167K Dec 15, 2023 Direct F1, F2
transaction WOLF COMMON STOCK Sale -$106K -2.38K -1.43% $44.34 165K Dec 15, 2023 Direct F1, F3
* 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 The reported transactions occurred pursuant to a trading plan intended to comply with Rule 10b5-1(c) and adopted on 8/30/2023.
F2 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $42.93 - $43.92 per share, inclusive. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission ("the SEC"), upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F3 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $43.93 - $44.72 per share, inclusive. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.