Ryan David Lake - 24 Jan 2024 Form 4 Insider Report for Societal CDMO, Inc.

Signature
/s/ Ryan D. Lake
Issuer symbol
N/A
Transactions as of
24 Jan 2024
Net transactions value
-$13,109
Form type
4
Filing time
26 Jan 2024, 17:59:39 UTC
Previous filing
23 Jan 2024
Next filing
06 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SCTL Common Stock Award $0 +110,025 +15% $0.000000 839,032 24 Jan 2024 Direct F1
transaction SCTL Common Stock Tax liability $13,109 -37,453 -4.5% $0.3500 801,579 24 Jan 2024 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On January 24, 2024, the Compensation Committee of the Board of Directors of the Issuer determined that performance-vesting criteria were met with regard to 110,025 performance-based restricted stock units granted in a prior year, which were converted into 110,025 shares of common stock on a one-for-one basis.
F2 Shares withheld by the Issuer to satisfy applicable withholding taxes upon vesting of the performance-based restricted stock units.