Lisa Rojkjaer - May 11, 2021 Form 4 Insider Report for Viracta Therapeutics, Inc. (VIRX)

Signature
/s/ Michael Mueller, as Attorney-in-Fact
Stock symbol
VIRX
Transactions as of
May 11, 2021
Transactions value $
$48,567
Form type
4
Date filed
5/13/2021, 05:46 PM
Next filing
Nov 29, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VIRX Common Stock Options Exercise $41.2K +32.7K $1.26 32.7K May 11, 2021 Direct
transaction VIRX Common Stock Options Exercise $7.38K +2.06K +6.3% $3.58 34.8K May 11, 2021 Direct

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 VIRX Stock Option (Right to Buy) Options Exercise $0 -32.7K -25% $0.00 98.1K May 11, 2021 Common Stock 32.7K $1.26 Direct F1
transaction VIRX Stock Option (Right to Buy) Options Exercise $0 -2.06K -6.24% $0.00 31K May 11, 2021 Common Stock 2.06K $3.58 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Twenty-five percent (25%) of the shares subject to the Option shall vest on the one (1) year anniversary of May 1, 2020 (the "Vesting Commencement Date"), and one forty-eighth (1/48th ) of the total shares subject to the Option shall vest each month thereafter on the same day of the month as the Vesting Commencement Date (and if there is no corresponding day, on the last day of the month), subject to the reporting person continuing to be a Service Provider (as defined in the Viracta Subsidiary, Inc. 2016 Equity Incentive Plan, the "Plan") through each such date.
F2 One forty-eighth (1/48th ) of the Shares subject to the Option shall vest on February 28, 2021, and one forty-eighth (1/48th ) of the total Shares subject to the Option shall vest each month thereafter on the last day of such month, subject to the reporting person continuing to be a Service Provider (as defined in the Plan) through each such date.