Prahlad R. Singh - Dec 2, 2024 Form 4 Insider Report for REVVITY, INC. (RVTY)

Signature
John L. Healy (POA on file) for Prahlad R. Singh
Stock symbol
RVTY
Transactions as of
Dec 2, 2024
Transactions value $
-$641,475
Form type
4
Date filed
12/3/2024, 04:05 PM
Previous filing
May 21, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RVTY Common Stock Options Exercise $1.49M +18.4K +20.36% $81.29 109K Dec 2, 2024 Direct F1
transaction RVTY Common Stock Sale -$1.75M -15.1K -13.9% $116.13 93.5K Dec 2, 2024 Direct F2, F3
transaction RVTY Common Stock Sale -$382K -3.28K -3.51% $116.63 90.2K Dec 2, 2024 Direct F2, F4
holding RVTY Common Stock 37.2K Dec 2, 2024 By Singh Family Trust of 2021 F5

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 RVTY NQ Stock Option (right to buy) Options Exercise $0 -18.4K -100% $0.00 0 Dec 2, 2024 Common Stock 18.4K $81.29 Direct F1, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The Exercise Price included on the Form 4 filed on February 1, 2018 for the Reporting Person was incorrectly reported due to administrative error.
F2 The sales reported in this Form 4 were effected pursuant to a 10b5-1 trading plan adopted by the Reporting Person on August 1, 2024.
F3 The price reported represents a weighted average sale price of shares sold in multiple transactions at prices ranging from $115.48 to $116.48. The Reporting Person hereby undertakes, upon request of the Staff of the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, to provide full information regarding the number of shares sold at each separate price.
F4 The price reported represents a weighted average sale price of shares sold in multiple transactions at prices ranging from $116.49 to $116.80. The Reporting Person hereby undertakes, upon request of the Staff of the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, to provide full information regarding the number of shares sold at each separate price.
F5 Securities held in an irrevocable trust for the sole benefit of the Reporting Person's children. The Reporting Person's spouse is the trustee of the trust. The Reporting Person disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest, if any, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
F6 This option became exercisable in three equal annual installments beginning on January 30, 2019, which was the first anniversary of the date on which the option was granted.

Remarks:

President, Chief Executive Officer and Director