Alec Machiels - Jul 21, 2023 Form 4 Insider Report for Apellis Pharmaceuticals, Inc. (APLS)

Role
Director
Signature
/s/ David Watson, attorney-in-fact for Alec Machiels
Stock symbol
APLS
Transactions as of
Jul 21, 2023
Transactions value $
$132,910
Form type
4
Date filed
7/24/2023, 05:01 PM
Previous filing
Jul 21, 2023
Next filing
Sep 18, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction APLS Common Stock Options Exercise $133K +49.8K +15.67% $2.67* 367K Jul 21, 2023 Direct
holding APLS Common Stock 250K Jul 21, 2023 Indirect Owner (Bauhaus 1 LLC) F1
holding APLS Common Stock 12K Jul 21, 2023 Indirect Owner (Owned by Spouse) F2
holding APLS Common Stock 150K Jul 21, 2023 Indirect Owner (Spouse Trust) F3

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 -49.8K -90.87% $0.00 5K Jul 21, 2023 Common Stock 49.8K $2.67 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares are held by Bauhaus 1 LLC, which LLC is held by The Irrevocable Agreement of Trust of Alec Machiels (the "Trust"). The reporting person is the managing member of Bauhaus 1 LLC and the trustee of the Trust.
F2 Owned by spouse.
F3 On September 7, 2021, the reporting person's spouse transferred 150,000 shares of Apellis Pharmaceuticals, Inc. common stock to her trust, of which the reporting person is the trustee.
F4 This option was granted on December 5, 2013 and fully vested.