Mark Jeffrey DeLong - 16 Jun 2022 Form 4 Insider Report for Apellis Pharmaceuticals, Inc. (APLS)

Signature
/s/ David Watson, attorney-in-fact for Mark Delong
Issuer symbol
APLS
Transactions as of
16 Jun 2022
Net transactions value
-$279,350
Form type
4
Filing time
21 Jun 2022, 16:11:50 UTC
Previous filing
22 Apr 2022
Next filing
21 Jul 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction APLS Common Stock Options Exercise $138,500 +10,000 +34% $13.85 39,250 16 Jun 2022 Direct
transaction APLS Common Stock Sale $417,850 -10,000 -25% $41.78 29,250 16 Jun 2022 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 APLS Stock Option (Right to Buy) Options Exercise $0 -10,000 -33% $0.000000 20,000 16 Jun 2022 Common Stock 10,000 $13.85 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This includes 769 shares from 4/30/22 ESPP purchase
F2 This stock option will vest as to 25% of the shares underlying the options on the first anniversary of the grant date, with the remaining 75% of the shares underlying the options vesting in equal monthly installments thereafter through the fourth anniversary of the grant, subject to continued service.