Roger D. Tung - Jan 28, 2022 Form 4 Insider Report for CONCERT PHARMACEUTICALS, INC. (CNCE)

Role: Chief Executive Officer, Director
Signature: /s/ Jeffrey A. Munsie, attorney-in-fact
Stock symbol: CNCE
Transactions as of: Jan 28, 2022
Transactions value $: $0
Form type: 4
Date filed: 2/1/2022, 03:07 PM
Previous filing: Jan 7, 2022
Next filing: Feb 16, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CNCE	Common Stock	Award		+52.2K	+6.65%		837K	Jan 28, 2022	Direct	F1, F2
transaction	CNCE	Common Stock	Award		+157K	+18.72%		994K	Jan 28, 2022	Direct	F2, F3
holding	CNCE	Common Stock						122K	Jan 28, 2022	By Roger D. Tung 2011 GRAT	F4
holding	CNCE	Common Stock						13.3K	Jan 28, 2022	By Tung Family Investment Trust	F5
holding	CNCE	Common Stock						12.4K	Jan 28, 2022	By RD Tung Irrevocable Trust	F6

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents a grant of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of Common Stock of the Issuer. These RSUs vest in equal annual installments over a three-year period measured from the date of grant. The amount listed represents the maximum number of shares of Common Stock of the Issuer that may be delivered pursuant to the grant.
F2	Not applicable.
F3	Represents a grant of RSUs. Each RSU represents a contingent right to receive one share of Common Stock of the Issuer. These RSUs will vest one business day after the date on which the Food and Drug Administration notifies the Issuer that it has accepted for filing a New Drug Application for CTP-543, provided that the date of acceptance is on or before a certain date in 2023. The amount listed represents the maximum number of shares that may be delivered pursuant to the grant.
F4	Shares held by Roger D. Tung 2011 GRAT. Dr. Tung is the sole trustee of the Roger D. Tung 2011 GRAT. Dr. Tung disclaims beneficial ownership of such shares except to the extent of any pecuniary interest therein.
F5	Shares held by the Tung Family Investment Trust. Dr. Tung is a co-trustee of the Tung Family Investment Trust. Dr. Tung disclaims beneficial ownership of such shares except to the extent of any pecuniary interest therein.
F6	Shares held by the RD Tung Irrevocable Trust. Dr. Tung's spouse is a co-trustee of the RD Tung Irrevocable Trust. Dr. Tung disclaims beneficial ownership of such shares except to the extent of any pecuniary interest therein.