Allan R. Will - 01 Feb 2024 Form 3 Insider Report for Fractyl Health, Inc. (GUTS)

Role
Director
Signature
/s/ Lisa A. Davidson, Attorney-in-fact
Issuer symbol
GUTS
Transactions as of
01 Feb 2024
Net transactions value
$0
Form type
3
Filing time
01 Feb 2024, 18:20:53 UTC
Next filing
22 May 2025
SEC
View on sec.gov

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
holding GUTS Stock Option 01 Feb 2024 Common Stock 48,462 $2.67 Direct F1
holding GUTS Stock Option 01 Feb 2024 Common Stock 74,584 $3.35 Direct F1
holding GUTS Stock Option 01 Feb 2024 Common Stock 75,816 $3.89 Direct F1
holding GUTS Stock Option 01 Feb 2024 Common Stock 6,989 $8.59 Direct F2
holding GUTS Stock Option 01 Feb 2024 Common Stock 11,649 $8.18 Direct F3
holding GUTS Stock Option 01 Feb 2024 Common Stock 3,205 $11.21 Direct F4
holding GUTS Stock Option 01 Feb 2024 Common Stock 12,522 $11.21 Direct F5
holding GUTS Restricted Stock Units 01 Feb 2024 Common Stock 40,829 Direct F6
holding GUTS Restricted Stock Units 01 Feb 2024 Common Stock 159,499 Direct F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The stock option is fully vested and currently exercisable.
F2 The stock option vests in 36 monthly installments beginning on October 7, 2022.
F3 The stock option vests in 36 monthly installments beginning on April 16, 2023.
F4 The stock option vests in 4 annual installments beginning on August 18, 2024.
F5 The stock option vests in 4 annual installments beginning on November 10, 2024.
F6 Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock. The restricted stock units will vest on August 21, 2024 and have no expiration date.
F7 Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock. The restricted stock units will vest on November 10, 2024 and have no expiration date.

Remarks:

Exhibit 24 - Power of Attorney.