Ryan Edward Brown - 04 Mar 2022 Form 4 Insider Report for Sarepta Therapeutics, Inc. (SRPT)

Role
SVP, General Counsel
Signature
/s/ Ryan E. Brown
Issuer symbol
SRPT
Transactions as of
04 Mar 2022
Net transactions value
-$102,113
Form type
4
Filing time
08 Mar 2022, 19:02:13 UTC
Previous filing
01 Mar 2022
Next filing
03 Jun 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SRPT Common Stock Tax liability $89,971 -1,136 -5.9% $79.20 18,048 04 Mar 2022 Direct F1
transaction SRPT Common Stock Tax liability $12,142 -153 -0.85% $79.36 17,895 07 Mar 2022 Direct F2
transaction SRPT Common Stock Award $0 +8,000 +45% $0.000000 25,895 07 Mar 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 +48,000 $0.000000 48,000 07 Mar 2022 Common Stock 48,000 $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 Shares were withheld by the Company to satisfy tax withholding obligations related to vesting of restricted stock units granted on March 4, 2019.
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.