David Watson - Mar 6, 2024 Form 4 Insider Report for Apellis Pharmaceuticals, Inc. (APLS)

Signature
David Watson
Stock symbol
APLS
Transactions as of
Mar 6, 2024
Transactions value $
$52,104
Form type
4
Date filed
3/8/2024, 07:45 AM
Previous filing
Feb 13, 2024
Next filing
Sep 30, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction APLS Common Stock Options Exercise $52.1K +3.76K +3.64% $13.85 107K Mar 6, 2024 Direct
holding APLS Common Stock 3.33K Mar 6, 2024 Indirect Owner (Custodial Account for Son) F1
holding APLS Common Stock 80.7K Mar 6, 2024 Indirect Owner (The David O. Watson Irrevocable Trust of 2023) F2
holding APLS Common Stock 6.67K Mar 6, 2024 Indirect Owner (The Watson Education 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 -3.76K -100% $0.00* 0 Mar 6, 2024 Common Stock 3.76K $13.85 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This represents a custodial account held by the reporting person for the sole benefit of his minor son.
F2 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.
F3 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.
F4 This option was granted on February 8, 2019 and is fully vested.