Jung Choi - Aug 1, 2022 Form 4 Insider Report for Global Blood Therapeutics, Inc. (GBT)

Role
Title: Chief Business and Strategy Officer
Signature
/s/ Miguel Carrillo, Attorney-in-Fact
Stock symbol
GBT
Transactions as of
Aug 1, 2022
Transactions value $
-$68,882
Form type
4
Date filed
8/3/2022, 06:01 PM
Previous filing
Jun 13, 2022
Next filing
Sep 6, 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GBT Common Stock Options Exercise +6.15K +3.17% 200K Aug 1, 2022 Direct F1, F2
transaction GBT Common Stock Tax liability -$68.9K -2.13K -1.06% $32.40 198K Aug 1, 2022 Direct F3
holding GBT Common Stock 25K Aug 1, 2022 By Trust

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 GBT Restricted Stock Units Options Exercise $0 -3.13K -50% $0.00 3.13K Aug 1, 2022 Common Stock 3.13K Direct F1, F4
transaction GBT Restricted Stock Units Options Exercise $0 -3.02K -25% $0.00 9.06K Aug 1, 2022 Common Stock 3.02K Direct F1, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock.
F2 The number of shares of the Issuer's Common Stock beneficially owned by the Reporting Person includes 2,535 shares, which, as a result of an administrative error by no fault of the Reporting Person, were inadvertently omitted from the Table I, Column 5 share totals disclosed on Forms 4 filed on behalf of the Reporting Person from August 31, 2017 to the present.
F3 Represents the number of shares of the Issuer's Common Stock withheld to satisfy the Reporting Person's tax obligations in connection with the vesting of 6,145 shares of Common Stock underlying the Reporting Person's RSUs.
F4 The shares of Common Stock underlying the RSUs vest in 8 equal semi-annual installments over 4 years from February 1, 2019, so long as the Reporting Person continues as an employee or other service provider of the Issuer through each vesting date. The RSUs are subject to accelerated vesting upon termination without cause or resignation for good reason after a change of control of the Issuer.
F5 The shares of Common Stock underlying the RSUs vest in 8 equal semi-annual installments over 4 years from February 1, 2020, so long as the Reporting Person continues as an employee or other service provider of the Issuer through each vesting date. The RSUs are subject to accelerated vesting upon termination without cause or resignation for good reason after a change of control of the Issuer.

Remarks:

Title: Chief Business and Strategy Officer