David Watson - Jan 22, 2024 Form 4 Insider Report for Apellis Pharmaceuticals, Inc. (APLS)

Role
General Counsel
Signature
David Watson
Stock symbol
APLS
Transactions as of
Jan 22, 2024
Transactions value $
-$271,943
Form type
4
Date filed
1/23/2024, 06:17 PM
Previous filing
Jan 17, 2024
Next filing
Jan 31, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction APLS Common Stock Sale -$272K -4.18K -3.83% $65.00 105K Jan 22, 2024 Direct F1
holding APLS Common Stock 3.33K Jan 22, 2024 Indirect Owner (Custodial Account for Son) F2
holding APLS Common Stock 80.7K Jan 22, 2024 Indirect Owner (The David O. Watson Irrevocable Trust of 2023) F3
holding APLS Common Stock 6.67K Jan 22, 2024 Indirect Owner (The Watson Education Trust) F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This represents shares sold to cover tax withholding on the Restricted Stock Units released on 01/19/2024.
F2 This represents a custodial account held by the reporting person for the sole benefit of his minor son.
F3 The securities are held by The David O. Watson Irrevocable Trust of 2023. William Zorn is the trustee of The David O. Watson Irrevocable Trust of 2023. The reporting person disclaims beneficial ownership over the shares held by The David O. Watson Irrevocable Trust of 2023 except to the extent of his pecuniary interest therein.
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.