Claire Poll - Nov 1, 2021 Form 4 Insider Report for Verona Pharma plc (VRNA)

Signature
/s/ Claire Poll
Stock symbol
VRNA
Transactions as of
Nov 1, 2021
Transactions value $
-$51,133
Form type
4
Date filed
11/3/2021, 07:51 PM
Previous filing
Aug 3, 2021
Next filing
Dec 27, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VRNA Ordinary Shares Tax liability -$51.1K -79.9K -3.84% $0.64* 2M Nov 1, 2021 Direct F1, F2, F3, F4
holding VRNA Ordinary Shares 484K Nov 1, 2021 By Trust F1, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reported securities are represented by American Depositary Shares ("ADSs") (unless otherwise indicated), each of which represents eight (8) Ordinary Shares of the Issuer.
F2 Represents the number of Ordinary Shares withheld to satisfy the tax withholding obligation in connection with the vesting of certain previously reported Restricted Share Units.
F3 The price reported represents the closing price of the Issuer's ADSs on the Nasdaq Stock Market LLC on October 29, 2021 divided by eight (8).
F4 Consists of (i) 1,870,000 Ordinary Shares underlying Restricted Share Units, each of which represents a contingent right to receive one (1) Ordinary Share of the Issuer (which may be represented by 233,750 ADSs); (ii) 132,736 Ordinary Shares underlying 16,592 ADSs; and (iii) 7 Ordinary Shares.
F5 Held by a family trust of which (a) the Reporting Person and spouse are trustees and (b) the Reporting Person and members of her immediate family are the sole beneficiaries of the trust..