Alexandra Balcom - 17 Dec 2024 Form 4 Insider Report for Nuvalent, Inc. (NUVL)

Signature
/s/ Nathan N. McConarty, attorney-in-fact
Issuer symbol
NUVL
Transactions as of
17 Dec 2024
Net transactions value
+$66,923
Form type
4
Filing time
18 Dec 2024, 16:53:40 UTC
Previous filing
03 Dec 2024
Next filing
08 Jan 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NUVL Class A Common Stock Options Exercise $5,106 +4,728 +14% $1.08 38,028 17 Dec 2024 Direct
transaction NUVL Class A Common Stock Options Exercise $61,817 +8,972 +24% $6.89 47,000 17 Dec 2024 Direct

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 NUVL Stock Option (Right to Buy) Options Exercise $0 -4,728 -2.4% $0.000000 196,156 17 Dec 2024 Class A Common Stock 4,728 $1.08 Direct F1
transaction NUVL Stock Option (Right to Buy) Options Exercise $0 -8,972 -9.3% $0.000000 87,226 17 Dec 2024 Class A Common Stock 8,972 $6.89 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares underlying this option vest as follows: 25% of the shares vested on January 25, 2022 and the remainder have vested or shall vest over the three years thereafter in equal monthly installments, subject to continued service to Nuvalent, Inc. through the applicable vesting date.
F2 The shares underlying this option vest as follows: 25% of the shares vested on April 29, 2022 and the remainder have vested or shall vest over the three years thereafter in equal monthly installments, subject to continued service to Nuvalent, Inc. through the applicable vesting date.