N. Anthony Coles - Nov 2, 2023 Form 4 Insider Report for Cerevel Therapeutics Holdings, Inc. (CERE)

Role
Director
Signature
/s/ Mark Bodenrader, as Attorney-in-Fact
Stock symbol
CERE
Transactions as of
Nov 2, 2023
Transactions value $
-$2,183,697
Form type
4
Date filed
11/6/2023, 05:12 PM
Previous filing
Sep 8, 2023
Next filing
Nov 9, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CERE Common Stock Options Exercise $135K +38.6K +1427.48% $3.50* 41.3K Nov 2, 2023 Direct F1
transaction CERE Common Stock Sale -$972K -38.6K -93.45% $25.19 2.7K Nov 2, 2023 Direct F1, F2
transaction CERE Common Stock Options Exercise $215K +61.4K +2270.75% $3.50* 64.1K Nov 3, 2023 Direct F1
transaction CERE Common Stock Sale -$1.56M -61.4K -95.78% $25.43 2.7K Nov 3, 2023 Direct F1, F3

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 CERE Stock Option (Right to Buy) Options Exercise $0 -38.6K -1.46% $0.00 2.61M Nov 2, 2023 Common Stock 38.6K $3.50 Direct F1, F4
transaction CERE Stock Option (Right to Buy) Options Exercise $0 -61.4K -2.35% $0.00 2.55M Nov 3, 2023 Common Stock 61.4K $3.50 Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These transactions were effected pursuant to a Rule 10b5-1 trading plan dated November 9, 2022 adopted by the Reporting Person.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at per share prices ranging from $25.00 to $25.91. 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 range set forth in this footnote.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at per share prices ranging from $25.03 to $25.83. 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 range set forth in this footnote.
F4 The option is fully vested and exercisable.