Matthew Scott Harris - 01 Feb 2024 Form 4 Insider Report for Altimmune, Inc. (ALT)

Role
Chief Medical Officer
Signature
/s/ Richard I. Eisenstadt, as Attorney-in-Fact
Issuer symbol
ALT
Transactions as of
01 Feb 2024
Net transactions value
-$39,528
Form type
4
Filing time
05 Feb 2024, 18:01:30 UTC
Previous filing
01 Feb 2024
Next filing
01 Aug 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALT Common Stock, par value $0.0001 Options Exercise $0 +6,166 +14% $0.000000 49,991 01 Feb 2024 Direct F1
transaction ALT Common Stock, par value $0.0001 Tax liability $17,794 -1,801 -3.6% $9.88 48,190 01 Feb 2024 Direct F2
transaction ALT Common Stock, par value $0.0001 Options Exercise $0 +7,775 +16% $0.000000 55,965 02 Feb 2024 Direct F1
transaction ALT Common Stock, par value $0.0001 Tax liability $21,734 -2,332 -4.2% $9.32 53,633 02 Feb 2024 Direct F2

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 -6,166 -50% $0.000000 6,166 01 Feb 2024 Common Stock, par value $0.0001 6,166 Direct F1, F3
transaction ALT Restricted Stock Units Options Exercise $0 -7,775 -33% $0.000000 15,550 02 Feb 2024 Common Stock, par value $0.0001 7,775 Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Common Stock, par value $0.0001, when vested.
F2 Vesting transaction: Shares surrendered to the Issuer solely to cover taxes associated with vesting of RSUs.
F3 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.
F4 The RSUs become vested in substantially equal annual installments over the 4 years following February 2, 2022, subject to the reporting person's continued service through the applicable vesting date, and have no expiration date.