Tai-An Lin - Oct 2, 2023 Form 4 Insider Report for SpringWorks Therapeutics, Inc. (SWTX)

Signature
/s/ Francis I. Perier, Jr. as Attorney-in Fact
Stock symbol
SWTX
Transactions as of
Oct 2, 2023
Transactions value $
$0
Form type
4
Date filed
10/4/2023, 04:18 PM
Previous filing
Sep 15, 2023
Next filing
Jan 8, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SWTX Common Stock Award +24K 24K Oct 2, 2023 Direct F1

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 SWTX Stock Option (Right to Buy) Award $0 +75K $0.00 75K Oct 2, 2023 Common Stock 75K $22.80 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction represents a grant of restricted stock units ("RSUs"). The RSUs shall vest as follows: thirty three percent (33%) to vest on October 2, 2024, another thirty three percent (33%) to vest on October 2, 2025 and the remaining thirty four percent (34%) to vest on October 2, 2026, such that the restricted stock awards are fully vested on October 2, 2026, subject to continued service to the Issuer by the Reporting Person.
F2 Twenty-five percent (25%) of this option shall vest and become exercisable on October 2, 2024, with the remaining seventy-five percent (75%) to vest in thirty-six (36) equal monthly installments thereafter, subject to continued service to the Issuer by the Reporting Person.