Stefani Wolff - Apr 30, 2022 Form 4 Insider Report for Nurix Therapeutics, Inc. (NRIX)

Signature
/s/ Christine Ring, as Attorney-in-Fact for Stefani Wolff
Stock symbol
NRIX
Transactions as of
Apr 30, 2022
Transactions value $
-$3,878
Form type
4
Date filed
5/3/2022, 07:04 PM
Previous filing
Jan 21, 2022
Next filing
Aug 19, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NRIX Common Stock Options Exercise $0 +962 $0.00 962 Apr 30, 2022 Direct
transaction NRIX Common Stock Sale -$3.88K -330 -34.3% $11.75 632 May 2, 2022 Direct F1

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 NRIX Restricted Stock Units Options Exercise $0 -962 -6.25% $0.00 14.4K Apr 30, 2022 Common Stock 962 $0.00 Direct F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported on this Form 4 represent shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of restricted stock units ("RSUs"). These sales are mandated by the Issuer's election under its equity incentive plans to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and do not represent discretionary trades by the Reporting Person.
F2 Each RSU represents a contingent right to receive one share of the Issuer's common stock.
F3 The RSUs will vest in substantially equal increments quarterly over four years, with the first quarterly increment vesting on April 30, 2022, subject to the Reporting Person's provision of services to the Issuer on each vesting date. Shares of the Issuer's Common Stock will be delivered to the Reporting Person following vesting.
F4 RSUs do not expire; they either vest or are canceled prior to the vest date.