Robert E. Waltermire - 28 Feb 2023 Form 4 Insider Report for MADRIGAL PHARMACEUTICALS, INC. (MDGL)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
02 Mar 2023, 15:30:31 UTC
Prior SEC filing
18 Jan 2023
Next SEC filing
14 Dec 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Brian J. Lynch

Key filing fact

Robert E. Waltermire filed Form 4 for MADRIGAL PHARMACEUTICALS, INC. (MDGL) on 02 Mar 2023.

Key facts

  • This page summarizes Robert E. Waltermire's Form 4 filing for MADRIGAL PHARMACEUTICALS, INC. (MDGL).
  • 10 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 02 Mar 2023, 15:30.

Change

  • Previous filing in this sequence was filed on 18 Jan 2023.
  • Current net transaction value: -$1,853,238.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

MDGL transaction

Common Stock

Options Exercise

Transaction value
$439,600
Shares
+5,000
Change %
+88%
Price
$87.92
Shares after
10,667
Date
28 Feb 2023
Ownership
Direct
MDGL transaction

Common Stock

Sale

Transaction value
$243,927
Shares
-900
Change %
-8.4%
Price
$271.03
Shares after
9,767
Date
28 Feb 2023
Ownership
Direct
Footnotes
F2
MDGL transaction

Common Stock

Sale

Transaction value
$1,116,430
Shares
-4,100
Change %
-42%
Price
$272.30
Shares after
5,667
Date
28 Feb 2023
Ownership
Direct
Footnotes
F3
MDGL transaction

Common Stock

Options Exercise

Transaction value
$439,600
Shares
+5,000
Change %
+88%
Price
$87.92
Shares after
10,667
Date
01 Mar 2023
Ownership
Direct
MDGL transaction

Common Stock

Sale

Transaction value
$527,192
Shares
-1,928
Change %
-18%
Price
$273.44
Shares after
8,739
Date
01 Mar 2023
Ownership
Direct
Footnotes
F4
MDGL transaction

Common Stock

Sale

Transaction value
$459,081
Shares
-1,672
Change %
-19%
Price
$274.57
Shares after
7,067
Date
01 Mar 2023
Ownership
Direct
Footnotes
F5
MDGL transaction

Common Stock

Sale

Transaction value
$358,189
Shares
-1,300
Change %
-18%
Price
$275.53
Shares after
5,767
Date
01 Mar 2023
Ownership
Direct
Footnotes
F6
MDGL transaction

Common Stock

Sale

Transaction value
$27,619
Shares
-100
Change %
-1.7%
Price
$276.19
Shares after
5,667
Date
01 Mar 2023
Ownership
Direct

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

MDGL transaction Derivative

Stock Option (Right to Buy)

Options Exercise

Transaction value
$0
Shares
-5,000
Change %
-14%
Price
$0.000000
Shares after
30,000
Date
28 Feb 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
5,000
Exercise price
$87.92
Footnotes
F1
MDGL transaction Derivative

Stock Option (Right to Buy)

Options Exercise

Transaction value
$0
Shares
-5,000
Change %
-17%
Price
$0.000000
Shares after
25,000
Date
01 Mar 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
5,000
Exercise price
$87.92
Footnotes
F1
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 6 footnotes

Footnote F1

All shares issued pursuant to the exercise of the options reported herein represent 10,000 shares underlying an overall option award of 35,000 shares. All exercised options had vested. As to the overall option for 35,000 shares, 25% of the shares underlying the option vested on August 2, 2022 and, thereafter, 6.25% of the shares vested, or will vest, on the last day of each successive three-month period, provided the Reporting Person continues in service with the Issuer on each such date.

Footnote F2

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $270.58 to $271.47, inclusive. The Reporting Person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote and the footnotes below.

Footnote F3

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $271.82 to $272.77, inclusive.

Footnote F4

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $273.00 to $274.00, inclusive.

Footnote F5

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $274.06 to $274.99, inclusive.

Footnote F6

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $275.18 to $276.18, inclusive.

SEC remarks

As attorney-in-fact for Reporting Person

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