William Ciambrone - Mar 4, 2022 Form 4 Insider Report for Sarepta Therapeutics, Inc. (SRPT)

Role
EVP
Signature
/s/ Ryan Brown, as Attorney-in-Fact for William Ciambrone
Stock symbol
SRPT
Transactions as of
Mar 4, 2022
Transactions value $
-$91,872
Form type
4
Date filed
3/8/2022, 07:01 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SRPT Common Stock Tax liability -$91.9K -1.16K -7.6% $79.20 14.1K Mar 4, 2022 Direct F1, F2
transaction SRPT Common Stock Award $0 +8K +56.74% $0.00 22.1K Mar 7, 2022 Direct F3

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 SRPT Stock Option (right to buy) Award $0 +48K $0.00 48K Mar 7, 2022 Common Stock 48K $80.42 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares were withheld by the Company to satisfy tax withholding obligations related to vesting of restricted stock units granted on March 3, 2021.
F2 The amount of securities directly owned by the reporting person includes the following shares of common stock purchased under the Company's Amended and Restated 2013 Employee Stock Purchase Plan: 77 shares on February 28, 2022, 75 shares on August 31, 2021, 62 shares on February 28, 2021 and 45 shares on August 31, 2020.
F3 The Reporting Person was granted restricted stock units ("RSUs"). Each RSU represents the right to receive one share of common stock. 25% of the shares of common stock underlying each RSU will vest on the first anniversary of the grant date, and additional 25% will vest on each anniversary of the Grant Date thereafter, such that the RSUs will be fully vested on the fourth anniversary of the grant date.
F4 Represents the date upon which the first 25% of the option granted vests. 1/48th of the total granted option vests and become exercisable on each monthly anniversary thereafter.