Bernard Coulie - 25 Jan 2023 Form 4 Insider Report for PLIANT THERAPEUTICS, INC. (PLRX)

Signature
/s/ Mike Ouimette, attorney-in-fact
Issuer symbol
PLRX
Transactions as of
25 Jan 2023
Net transactions value
-$1,879,936
Form type
4
Filing time
27 Jan 2023, 18:15:21 UTC
Previous filing
25 Jan 2023
Next filing
01 Feb 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PLRX Common Stock Award $0 +146,300 +156% $0.000000 240,112 25 Jan 2023 Direct F1
transaction PLRX Common Stock Options Exercise $31,200 +15,000 +6.2% $2.08* 255,112 26 Jan 2023 Direct
transaction PLRX Common Stock Sale $529,366 -15,000 -5.9% $35.29 240,112 26 Jan 2023 Direct F2
transaction PLRX Common Stock Sale $526,425 -15,000 -3.5% $35.10 419,317 26 Jan 2023 See footnote F3, F4, F5
transaction PLRX Common Stock Options Exercise $31,200 +15,000 +6.2% $2.08* 255,112 27 Jan 2023 Direct
transaction PLRX Common Stock Sale $308,046 -8,698 -3.4% $35.42 246,414 27 Jan 2023 Direct F2, F6
transaction PLRX Common Stock Sale $227,243 -6,302 -2.6% $36.06 240,112 27 Jan 2023 Direct F2, F7
transaction PLRX Common Stock Sale $343,158 -9,779 -2.3% $35.09 409,538 27 Jan 2023 See footnote F3, F5, F8
transaction PLRX Common Stock Sale $8,097 -221 -0.05% $36.64 409,317 27 Jan 2023 See footnote F3, F5

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 PLRX Stock Option (right to buy) Award $0 +206,300 $0.000000 206,300 25 Jan 2023 Common Stock 206,300 $34.65 Direct F9
transaction PLRX Stock Option (right to buy) Options Exercise $0 -15,000 -7.4% $0.000000 187,380 26 Jan 2023 Common Stock 15,000 $2.08 Direct F10
transaction PLRX Stock Option (right to buy) Options Exercise $0 -15,000 -8% $0.000000 172,380 26 Jan 2023 Common Stock 15,000 $2.08 Direct F10
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These are restricted stock units that vest in three substantially equal annual installments beginning January 16, 2023, subject to the Reporting Person's continuous service to the Issuer on each such date.
F2 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 1, 2022.
F3 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 1, 2022.
F4 The price reported in Column 4 is a weighted-average price. These shares were sold in multiple transactions at prices ranging from $35.00 to $35.43, inclusive. The Reporting Person undertakes to provide to Pliant Therapeutics, Inc., any security holder of Pliant Therapeutics, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (4) to this Form 4.
F5 Shares held by The Coulie/Leyman Family Trust. The Reporting Person and his spouse serve as trustees for the trust. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
F6 The price reported in Column 4 is a weighted-average price. These shares were sold in multiple transactions at prices ranging from $34.87 to $35.85, inclusive. The Reporting Person undertakes to provide to Pliant Therapeutics, Inc., any security holder of Pliant Therapeutics, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (6) to this Form 4.
F7 The price reported in Column 4 is a weighted-average price. These shares were sold in multiple transactions at prices ranging from $35.87 to $36.45, inclusive. The Reporting Person undertakes to provide to Pliant Therapeutics, Inc., any security holder of Pliant Therapeutics, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (7) to this Form 4.
F8 The price reported in Column 4 is a weighted-average price. These shares were sold in multiple transactions at prices ranging from $35.63 to $36.54, inclusive. The Reporting Person undertakes to provide to Pliant Therapeutics, Inc., any security holder of Pliant Therapeutics, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (8) to this Form 4.
F9 1/48th of the shares subject to such option vest and become exercisable in substantially equal installments on each monthly anniversary of January 1, 2023, subject to the Reporting Person's continuous service to the Issuer on each such date.
F10 1/48th of the shares subject to the original option grant vest and become exercisable in substantially equal installments on each monthly anniversary of January 24, 2019, subject to the Reporting Person's continuous service to the Issuer on each such date.