David Watson - Jan 12, 2023 Form 4 Insider Report for Apellis Pharmaceuticals, Inc. (APLS)

Role
General Counsel
Signature
David Watson
Stock symbol
APLS
Transactions as of
Jan 12, 2023
Transactions value $
$1,985,703
Form type
4
Date filed
1/17/2023, 06:46 PM
Previous filing
Jun 23, 2022
Next filing
Jan 24, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction APLS Common Stock Award $0 +24K +20.77% $0.00 140K Jan 12, 2023 Direct F1
transaction APLS Common Stock Award $0 +29.5K +21.1% $0.00 169K Jan 12, 2023 Direct F2
holding APLS Common Stock 3.33K Jan 12, 2023 Indirect Owner (Custodial Account for Son) F3
holding APLS Common Stock 6.67K Jan 12, 2023 Indirect Owner (The Watson Education Trust) 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 APLS Stock Option (Right to Buy) Award $1.99M +37.7K $52.66 37.7K Jan 12, 2023 Common Stock 37.7K $52.66 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This represents a Restricted Stock Unit award granted 01/12/23 that vest annually from grant date over a four year period subject to continued service.
F2 This represents a Restricted Stock Unit award granted 01/12/23 that vest annually from grant date over a four year period subject to continued service.
F3 This represents a custodial account held by the reporting person for the sole benefit of his minor son.
F4 The securities are held by The Watson Education Trust (the "Trust"), for which the reporting person serves as trustee. The reporting person disclaims beneficial ownership over the shares held by the Trust except to the extent of his pecuniary interest therein.
F5 This represents a stock option award granted 01/12/2023 that vest over a four year period. 25% vest one year from grant date and the remaining 75% vest monthly thereafter subject to continued service.