Christopher Aker - May 10, 2022 Form 4 Insider Report for Regulus Therapeutics Inc. (RGLS)

Role
Sr. VP & General Counsel
Signature
Christopher Aker
Stock symbol
RGLS
Transactions as of
May 10, 2022
Transactions value $
$0
Form type
4
Date filed
5/11/2022, 04:31 PM
Previous filing
Jan 26, 2022
Next filing
Jan 17, 2023

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 RGLS Stock Option (Right to Buy) Award $0 +70K $0.00 70K May 9, 2022 Common Stock 70K $1.31 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The option vests only upon achievement of a performance-based milestone. The performance criteria were met, resulting in vesting of the option. Upon achievement of the milestone and verification of same by the Company's Compensation Committee, one hundred percent of the shares immediately vested.