Quoc Le-Nguyen - Mar 31, 2023 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
Stock symbol
ETNB
Transactions as of
Mar 31, 2023
Transactions value $
-$63,646
Form type
4
Date filed
4/4/2023, 04:05 PM
Previous filing
Feb 22, 2023
Next filing
May 11, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ETNB Common Stock Award $0 +8.33K +9.14% $0.00 99.5K Mar 31, 2023 Direct F1
transaction ETNB Common Stock Tax liability -$43.9K -2.88K -2.9% $15.23 96.6K Mar 31, 2023 Direct F2
transaction ETNB Common Stock Award $0 +3.75K +3.88% $0.00 100K Mar 31, 2023 Direct F3
transaction ETNB Common Stock Tax liability -$19.8K -1.3K -1.29% $15.23 99.1K Mar 31, 2023 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