Paul Gross - Nov 1, 2021 Form 4 Insider Report for Clovis Oncology, Inc. (CLVS)

Signature
/s/ Paul Gross
Stock symbol
CLVS
Transactions as of
Nov 1, 2021
Transactions value $
-$20,580
Form type
4
Date filed
11/3/2021, 04:15 PM
Previous filing
Sep 3, 2021
Next filing
Dec 3, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CLVS Common Stock Options Exercise +5.62K +10.16% 60.9K Nov 1, 2021 Direct F1
transaction CLVS Common Stock Sale -$11.3K -2.48K -4.07% $4.55* 58.5K Nov 2, 2021 Direct F2
transaction CLVS Common Stock Options Exercise +4.63K +7.91% 63.1K Nov 1, 2021 Direct F1
transaction CLVS Common Stock Sale -$9.29K -2.04K -3.24% $4.55* 61K Nov 2, 2021 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CLVS Restricted Stock Units Options Exercise $0 -5.62K -16.66% $0.00 28.1K Nov 1, 2021 Common Stock 5.62K Direct F1, F3
transaction CLVS Restricted Stock Units Options Exercise $0 -4.63K -10% $0.00 41.6K Nov 1, 2021 Common Stock 4.63K Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit represents the right to receive one share of Common Stock.
F2 Represents the shares automatically sold by the reporting person pursuant to an election to satisfy tax withholding obligations in connection with the vesting of the Restricted Stock Units listed in Table II. This sale does not represent a discretionary trade by the reporting person.
F3 On February 1, 2019, the reporting person was granted 89,982 Restricted Stock Units. 25% of such Restricted Stock Units vested on February 1, 2020, and the remainder vests in substantially equal installments over the 12 quarters immediately following such date.
F4 On January 31, 2020, the reporting person was granted 74,000 Restricted Stock Units. 25% of such Restricted Stock Units vested on February 1, 2021, and the remainder vests in substantially equal installments over the 12 quarters immediately following such date.

Remarks:

Executive Vice President and General Counsel