Ryan Edward Brown - 01 Mar 2024 Form 4 Insider Report for Sarepta Therapeutics, Inc. (SRPT)

Role: EVP, General Counsel
Signature: /s/ Ryan Brown
Issuer symbol: SRPT
Transactions as of: 01 Mar 2024
Net transactions value: -$284,625
Form type: 4
Filing time: 05 Mar 2024, 20:00:12 UTC
Previous filing: 05 Jun 2023
Next filing: 06 Mar 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SRPT	Common Stock	Tax liability	$33,945	-269	-0.96%	$126.19	27,827	01 Mar 2024	Direct	F1
transaction	SRPT	Common Stock	Award	$0	+6,000	+22%	$0.000000	33,827	01 Mar 2024	Direct	F2
transaction	SRPT	Common Stock	Sale	$250,680	-2,000	-5.9%	$125.34	31,827	01 Mar 2024	Direct	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	SRPT	Stock Option (right to buy)	Award	$0	-12,500	-50%	$0.000000	12,500	01 Mar 2024	Common Stock	12,500	$128.67	Direct	F4

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

Explanation of Responses:

Id	Content
F1	Shares were sold by the Company to satisfy tax withholding obligations related to vesting of restricted stock units granted on February 28, 2020.
F2	The Reporting Person was granted restricted stock units ("RSUs"). Each RSU represents the right to receive one share of common stock. 25% of the shares of common stock underlying each RSU will vest on the first anniversary of the grant date, and additional 25% will vest on each anniversary of the Grant Date thereafter, such that the RSUs will be fully vested on the fourth anniversary of the grant date.
F3	Represents a sale of shares of common stock to generate cash for the payment of taxes due as a result of the vesting of certain restricted stock unit awards.
F4	Represents the date upon which the first 25% of the option granted vests. 1/48th of the total granted option vests and become exercisable on each monthly anniversary thereafter.