Frazier Life Sciences VIII, L.P. - Aug 5, 2022 Form 4 Insider Report for Arcutis Biotherapeutics, Inc. (ARQT)

Role: 10%+ Owner
Signature: Frazier Life Sciences VIII, L.P., By: FHM Life Sciences VIII, L.P., its general partner, By: FHM Life Sciences VIII, L.L.C., its general, partner, By: /s/ Steve R. Bailey, Chief Financial Officer
Stock symbol: ARQT
Transactions as of: Aug 5, 2022
Transactions value $: $5,000,000
Form type: 4
Date filed: 8/9/2022, 04:34 PM
Previous filing: Feb 15, 2022
Next filing: Oct 26, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ARQT	Common Stock	Purchase	$5M	+250K	+2.96%	$20.00	8.68M	Aug 5, 2022	Direct
holding	ARQT	Common Stock						7	Aug 5, 2022	By FHM Life Sciences VIII, L.L.C.	F1
holding	ARQT	Common Stock						11.3K	Aug 5, 2022	By Topper Group II LLC.	F2
holding	ARQT	Common Stock						19.4K	Aug 5, 2022	By Topper Family Revocable Trust	F3
holding	ARQT	Common Stock						23.7K	Aug 5, 2022	By The Heron Living Trust 11/30/2004	F4

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

Explanation of Responses:

Id	Content
F1	Represents shares held of record by FHM Life Sciences VIII, L.L.C. Dr. Topper and Mr. Heron are the sole managing members of FHM Life Sciences VIII, L.L.C. and share voting and investment power of the securities held by FHM Life Sciences VIII, L.L.C. Dr. Topper and Mr. Heron disclaim beneficial ownership of such securities except to the extent of their pecuniary interest therein.
F2	Dr. Topper is a manager of Topper Group II LLC and shares voting and investment power over the shares held by Topper Group II LLC.
F3	Dr. Topper is a trustee of the Topper Family Revocable Trust and has voting and investment power over the shares held by Topper Family Revocable Trust.
F4	Mr. Heron is the co-trustee of The Heron Living Trust 11/30/2004 and has voting and investment power of the securities held by The Heron Living Trust 11/30/2004.