Paul Streck - Aug 19, 2024 Form 4 Insider Report for PepGen Inc. (PEPG)

Role
EVP, Head of R&D
Signature
/s/ Mary Beth DeLena, as Attorney-in-Fact
Stock symbol
PEPG
Transactions as of
Aug 19, 2024
Transactions value $
$0
Form type
4
Date filed
8/20/2024, 04:28 PM
Previous filing
Mar 2, 2023

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 PEPG Stock Option (Right to Buy) Award $0 +203K $0.00 203K Aug 19, 2024 Common Stock 203K $9.83 Direct F1, F2
transaction PEPG Stock Option (Right to Buy) Award $0 +40K +19.72% $0.00 243K Aug 19, 2024 Common Stock 40K $9.83 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The option has been granted pursuant to the PepGen Inc. 2024 Inducement Plan as a material inducement to the reporting person's acceptance of employment with the company in accordance with NASDAQ Listing Rule 5635(c)(4).
F2 This option shall vest as follows: twenty-five percent (25%) on the one-year anniversary of the Grant Date and the remainder vesting in thirty-six (36) equal monthly installments, subject to the option recipient's continued service or employment with the Company on each applicable vesting date.