Christopher Krueger - Aug 23, 2022 Form 4 Insider Report for Ventyx Biosciences, Inc. (VTYX)

Signature
/s/ Christopher Krueger
Stock symbol
VTYX
Transactions as of
Aug 23, 2022
Transactions value $
$33,872
Form type
4
Date filed
8/24/2022, 08:16 PM
Previous filing
Apr 5, 2023
Next filing
Dec 6, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VTYX Common Stock Options Exercise $19.4K +96.8K +52.79% $0.20* 280K Aug 23, 2022 Direct
transaction VTYX Common Stock Options Exercise $14.5K +72.6K +25.91% $0.20* 353K Aug 23, 2022 Direct

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 VTYX Stock Option (right to buy) Options Exercise $0 -96.8K -100% $0.00* 0 Aug 23, 2022 Common Stock 96.8K $0.20 Direct F1
transaction VTYX Stock Option (right to buy) Options Exercise $0 -72.6K -75% $0.00 24.2K Aug 23, 2022 Common Stock 72.6K $0.20 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Option granted under the Issuer's 2019 Equity Incentive Plan, as amended (the "2019 Plan"). Subject to the Reporting Person continuing to be a Service Provider (as defined in the 2019 Plan) through each applicable date, one thirty-sixth (1/36th) of the shares subject to the option shall vest each month following the Vesting Commencement Date on the same day of the month as the Vesting Commencement Date (and if there is no corresponding day, on the last day of the month). "Vesting Commencement Date" shall mean February 6, 2019.
F2 Option granted under the 2019 Plan. Subject to the Reporting Person continuing to be a Service Provider (as defined in the 2019 Plan) through each applicable date, one thirty-sixth (1/36th) of the shares subject to the option shall vest each month following the Vesting Commencement Date on the same day of the month as the Vesting Commencement Date (and if there is no corresponding day, on the last day of the month). "Vesting Commencement Date" shall mean May 1, 2020.