James Healy - 27 Sep 2021 Form 4 Insider Report for Coherus BioSciences, Inc. (CHRS)

Role
Director
Signature
/s/ Nathalie Auber, as Attorney in Fact for James I. Healy, M.D., Ph.D.
Issuer symbol
CHRS
Transactions as of
27 Sep 2021
Net transactions value
-$7,250,063
Form type
4
Filing time
29 Sep 2021, 20:18:33 UTC
Previous filing
26 Jul 2021
Next filing
06 Jan 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CHRS Common Stock, $0.0001 par value Sale $1,808,709 -100,150 -23% $18.06 334,405 27 Sep 2021 See Footnote F1, F2
transaction CHRS Common Stock, $0.0001 par value Sale $829,809 -48,329 -14% $17.17 286,076 28 Sep 2021 See Footnote F2, F3
transaction CHRS Common Stock, $0.0001 par value Sale $4,611,545 -286,076 -100% $16.12 0 29 Sep 2021 See Footnote F2, F4
holding CHRS Common Stock, $0.0001 par value 70,086 27 Sep 2021 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.00 to $18.17, inclusive. The Reporting Person undertakes to provide to Coherus BioSciences, Inc., any security holder of Coherus BioSciences, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (1) to this Form 4.
F2 The shares are held by Sofinnova Management VII, LLC. The Reporting Person is the managing member of Sofinnova Management VII, LLC. The Reporting Person disclaims beneficial ownership of the reported securities, except to the extent of his proportionate pecuniary interest in Sofinnova Management VII, LLC.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $17.00 to $17.43, inclusive. The Reporting Person undertakes to provide to Coherus BioSciences, Inc., any security holder of Coherus BioSciences, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (3) to this Form 4.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.05 to $16.905, inclusive. The Reporting Person undertakes to provide to Coherus BioSciences, Inc., any security holder of Coherus BioSciences, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (4) to this Form 4.