Mark W. Hahn - 03 May 2022 Form 4 Insider Report for Verona Pharma plc (VRNA)

Role
Chief Financial Officer
Signature
/s/ Claire Poll, Attorney-in-fact for Mark Hahn
Issuer symbol
VRNA
Transactions as of
03 May 2022
Net transactions value
-$6,201
Form type
4
Filing time
05 May 2022, 19:18:18 UTC
Previous filing
03 May 2022
Next filing
03 Aug 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VRNA Ordinary Shares Sale $6,201 -12,512 -0.08% $0.4956* 15,381,520 03 May 2022 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 The sale reported in the Form 4 was effected pursuant to a Rule 10b5-1 instruction solely with the intent to cover taxes in connection with the vesting of certain previously reported Restricted Share Units.
F3 The price reported represents the sale price of the ADSs divided by eight (8).
F4 Consists of (i) 8,191,744 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 1,023,968 ADSs); and (ii) 7,189,776 Ordinary Shares underlying 898,722 ADSs.