Matthew Scott Harris - Jan 31, 2023 Form 4 Insider Report for Altimmune, Inc. (ALT)

Signature
/s/ Richard Eisenstadt, as Attorney-in-Fact
Stock symbol
ALT
Transactions as of
Jan 31, 2023
Transactions value $
-$16,852
Form type
4
Date filed
2/2/2023, 04:10 PM
Previous filing
Feb 1, 2023
Next filing
Feb 6, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALT Common Stock, par value $0.0001 Award $13.2K +1.3K +10.27% $10.21 13.9K Jan 31, 2023 Direct F1, F2
transaction ALT Common Stock, par value $0.0001 Options Exercise $0 +6.17K +44.31% $0.00 20.1K Feb 1, 2023 Direct F3
transaction ALT Common Stock, par value $0.0001 Tax liability -$30.1K -2.18K -10.87% $13.78 17.9K Feb 1, 2023 Direct F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ALT Restricted Stock Units Options Exercise $0 -6.17K -33.33% $0.00 12.3K Feb 1, 2023 Common Stock, par value $0.0001 6.17K Direct F3, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares were purchased due to participation by the reporting individual in the Issuer's 2019 Employee Stock Purchase Plan ("ESPP"). It pertains to the ESPP purchase period from August 1, 2022 through January 31, 2023.
F2 In accordance with the ESPP, these shares were purchased based on 85% of the opening price of the issuer's common stock on August 1, 2022.
F3 Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Common Stock, par value $0.0001, when vested.
F4 Vesting transaction: Shares surrendered to the Issuer solely to cover taxes associated with vesting of RSUs.
F5 The RSUs become vested in substantially equal annual installments over the 4 years following February 1, 2021, subject to the reporting person's continued service through the applicable vesting date, and have no expiration date.