Joel S. Marcus - 14 Apr 2021 Form 4/A - Amendment Insider Report for Applied Therapeutics Inc. (APLT)

Role
Director
Signature
/s/ Shoshana Shendelman, as attorney-in-fact
Issuer symbol
APLT
Transactions as of
14 Apr 2021
Net transactions value
+$299,492
Form type
4/A - Amendment
Filing time
16 Sep 2022, 21:02:09 UTC
Date Of Original Report
16 Apr 2021
Previous filing
13 May 2022
Next filing
04 Jun 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction APLT Common Stock Options Exercise $130,710 +13,071 +71% $10.00 31,524 14 Apr 2021 See footnote F1, F2, F3
transaction APLT Common Stock Options Exercise $168,782 +35,911 +114% $4.70 67,435 14 Apr 2021 See footnote F2, F3, F4, F5

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 APLT Stock Option (Right to Buy) Options Exercise $0 -13,071 -64% $0.000000 7,389 14 Apr 2021 Common Stock 13,071 $10.00 Direct F6, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The original Form 4 filed on April 16, 2021 (the "Original Form 4") incorrectly reported the option exercise price for 13,071 shares of the issuer's common stock as $4.7 due to an administrative error.
F2 This amount reflects the number of securities beneficially owned after the reported transactions on April 14, 2021.
F3 Shares held by family trust, of which the reporting person and his spouse are trustees.
F4 The Original Form 4 incorrectly reported the number of shares acquired from an option exercise as 67,435 due to an administrative error.
F5 The Original Form 4 incorrectly reported the option exercise price for 35,911 shares of the issuer's common stock as $10 due to an administrative error.
F6 13,071 shares subject to the options were vested as of April 13, 2021, with one thirty-sixth (1/36th) of the remaining shares subject to the options vesting each month thereafter, subject to the reporting person continuing to provide service through each such date.
F7 The Original Form 4 incorrectly reported the number of options beneficially owned following the reported transaction as 7,839 due to an administrative error.

Remarks:

This Amendment is being filed to correct certain information reported in the Original Form 4 and shall be deemed to correct the amount of securities beneficially owned by the reporting person on Forms 4 filed after April 16, 2021 through the date hereof.