Kathleen A. Rickard - 01 Nov 2021 Form 4 Insider Report for Verona Pharma plc (VRNA)

Signature
/s/ Claire Poll, Attorney-in-fact for Kathleen Rickard
Issuer symbol
VRNA
Transactions as of
01 Nov 2021
Net transactions value
-$36,434
Form type
4
Filing time
03 Nov 2021, 19:53:15 UTC
Previous filing
03 Aug 2021
Next filing
03 Feb 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VRNA Ordinary Shares Tax liability $36,434 -56,928 -2% $0.6400* 2,782,488 01 Nov 2021 Direct F1, F2, F3, F4
* 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"), 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) 2,108,664 Ordinary Shares underlying Restricted Share Units, each of which represents a contingent right to receive one (1) Ordinary Share of the Issuer (which are represented by 263,583 ADSs); and (ii) 673,824 Ordinary Shares underlying 84,228 ADSs.