Paul B. Manning - Dec 2, 2021 Form 4 Insider Report for Verrica Pharmaceuticals Inc. (VRCA)

Role
Director, 10%+ Owner
Signature
/s/ Mark Ballantyne, Attorney-in-Fact
Stock symbol
VRCA
Transactions as of
Dec 2, 2021
Transactions value $
$467,905
Form type
4
Date filed
12/6/2021, 07:20 AM
Previous filing
Nov 29, 2021
Next filing
Feb 14, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VRCA Common Stock Purchase $284K +30K +0.37% $9.45 8.13M Dec 2, 2021 Direct F1, F2
transaction VRCA Common Stock Purchase $184K +20K +0.25% $9.22 8.15M Dec 3, 2021 Direct F3, F4
holding VRCA Common Stock 740K Dec 2, 2021 See footnote F5
holding VRCA Common Stock 1.48M Dec 2, 2021 See footnote F6
holding VRCA Common Stock 257K Dec 2, 2021 See footnote F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $9.335 to $9.64 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in footnotes (1) and (3).
F2 Consists of 7,754,783 shares of common stock held by Mr. Manning and 374,634 shares of common stock held by Mr. Manning jointly with his spouse.
F3 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $9.01 to $9.77 inclusive.
F4 Consists of 7,754,783 shares of common stock held by Mr. Manning and 394,611 shares of common stock held by Mr. Manning jointly with his spouse.
F5 The securities are held by The Paul B. Manning Revocable Trust dated May 10, 2000 (the "Trust"). The Reporting Person is the trustee of the Trust and has sole voting and investment power with respect to the shares held by the Trust.
F6 The shares are held directly by BKB Growth Investments, LLC ("BKB"). The Reporting Person is a co-manager of BKB and has shared voting and investment power with respect to the shares held by BKB.
F7 The shares are held directly by PBM Capital Investments, LLC ("PBMCI"). The Reporting Person is President and CEO of PBMCI and has sole voting and investment power with respect to the shares held by PBMCI.