Quoc Le-Nguyen - 28 Sep 2022 Form 4 Insider Report for 89bio, Inc. (ETNB)

Role
Chief Technical Operations Officer and Head of Quality
Signature
/s/ Ryan A. Murr, as attorney-in-fact for Quoc Le-Nguyen
Issuer symbol
ETNB
Transactions as of
28 Sep 2022
Net transactions value
-$24,110
Form type
4
Filing time
30 Sep 2022, 19:06:21 UTC
Previous filing
13 Sep 2022
Next filing
03 Feb 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ETNB Common Stock Award $0 +8,333 +14% $0.000000 65,833 28 Sep 2022 Direct F1
transaction ETNB Common Stock Tax liability $16,600 -2,882 -4.4% $5.76 62,951 28 Sep 2022 Direct F2
transaction ETNB Common Stock Award $0 +3,750 +6% $0.000000 66,701 30 Sep 2022 Direct F3
transaction ETNB Common Stock Tax liability $7,510 -1,297 -1.9% $5.79 65,404 30 Sep 2022 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents settlement by the Issuer of performance-based restricted stock units ("RSUs") granted to the Reporting Person under the Company's Amended and Restated 2019 Equity Incentive Plan (the "Plan") on February 17, 2022, which vested based on the Issuer's achievement of corporate performance objectives.
F2 These shares were withheld from the vesting of a performance-based RSU award to cover the estimated tax withholding obligation.
F3 Represents settlement by the Issuer of performance-based RSUs granted to the Reporting Person under the Plan on February 17, 2022, which vested based on the Issuer's achievement of department performance objectives.

Remarks:

Chief Technical Operations Officer and Head of Quality