Caryn Parlavecchio - Aug 16, 2022 Form 4 Insider Report for Scholar Rock Holding Corp (SRRK)

Role
CHRO
Signature
/s/ Junlin Ho, Attorney-in-Fact for Caryn Parlavecchio
Stock symbol
SRRK
Transactions as of
Aug 16, 2022
Transactions value $
-$15,887
Form type
4
Date filed
8/17/2022, 05:00 PM
Previous filing
Jun 21, 2022
Next filing
Jan 19, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SRRK Common Stock Tax liability -$15.9K -1.4K -1.75% $11.34 78.6K Aug 16, 2022 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the number of shares required to be sold by the reporting person to cover the tax withholding obligation in connection with the vesting of restricted stock units ("RSU") on August 15, 2022. This sale is mandated by the Issuer's election under its equity incentive plans to require the reporting person to fund this tax withholding obligation by completing a "sell to cover" transaction with a brokerage firm designated by the Issuer. This sale does not represent a discretionary trade by the reporting person. The shares vested pursuant to an award that was granted on October 26, 2021. Each RSU represents the contingent right to receive, upon vesting of the RSU, one share of the Issuer's common stock. The shares subject to this RSU award will vest annually over four years, with the first annual installment to vest on August 15, 2022 and each additional installment to vest annually thereafter, subject to a continued service relationship with the Issuer on such vesting date.
F2 Consists of 2,799 shares of common stock and 75,850 RSUs.