Steven M. Paul - Feb 9, 2023 Form 4 Insider Report for Karuna Therapeutics, Inc. (KRTX)

Role: CSO and President of R&D, Director
Signature: /s/ Troy Ignelzi, Attorney-in-fact
Stock symbol: KRTX
Transactions as of: Feb 9, 2023
Transactions value $: $0
Form type: 4
Date filed: 2/13/2023, 03:15 PM
Previous filing: Jan 5, 2023
Next filing: Jun 16, 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	KRTX	Common Stock	Gift	$0	-106K	-100%	$0.00^*	0	May 27, 2022	Spouse (Jann E. Paul GRAT I)
transaction	KRTX	Common Stock	Gift	$0	+106K		$0.00	106K	May 27, 2022	Spouse (Jann E. Paul Revocable Trust)
transaction	KRTX	Common Stock	Gift	$0	-106K	-100%	$0.00^*	0	May 31, 2022	Spouse (Jann E. Paul Revocable Trust)
transaction	KRTX	Common Stock	Gift	$0	+106K		$0.00	106K	May 31, 2022	Spouse (Jann E. Paul GRAT III)
transaction	KRTX	Common Stock	Award	$0	+11.4K		$0.00	11.4K	Feb 9, 2023	Direct	F1
holding	KRTX	Common Stock						2.36K	Feb 9, 2023	The Steven M. Paul Revocable Trust

Showing 1 to 6 of 6 entries

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	KRTX	Option (Right to Buy)	Award	$0	+22.8K		$0.00	22.8K	Feb 9, 2023	Common Stock	22.8K	$187.26	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Comprised of restricted stock units ("RSUs"), each representing a contingent right to receive one share of the Issuer's common stock. The RSUs shall vest annually in four 25% installments commencing on February 9, 2024, subject to continued service through such dates.
F2	25% of this option shall vest on February 9, 2024, and the remaining 75% shall vest in twelve equal three-month installments over the following three years, subject to continued service through such dates.