Christopher W. Krueger - 17 Dec 2022 Form 4 Insider Report for Ventyx Biosciences, Inc. (VTYX)

Signature
/s/ Christopher Krueger
Issuer symbol
VTYX
Transactions as of
17 Dec 2022
Net transactions value
$0
Form type
4
Filing time
20 Dec 2022, 18:57:19 UTC
Previous filing
15 Dec 2022
Next filing
23 Dec 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VTYX Common Stock Options Exercise $0 +10,480 +3.8% $0.000000 286,324 17 Dec 2022 Direct F1, F2

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 VTYX Restricted Stock Units Options Exercise $0 -10,480 -25% $0.000000 31,437 17 Dec 2022 Common Stock 10,480 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents a contingent right to receive one share of Ventyx Biosciences, Inc. common stock.
F2 Includes 2,773 shares of Common Stock acquired on May 16, 2022 and 379 shares of Common Stock acquired on November 15, 2022, through the Issuer's 2021 Employee Stock Purchase Plan.
F3 Subject to the reporting person's continuing to be a Service Provider (as defined in the 2021 Equity Incentive Plan) through such applicable vesting date, twenty five percent (25%) of the RSUs subject to the award shall vest on the one (1) year anniversary of the Vesting Commencement Date, and twenty five percent (25%) of the RSUs subject to the award shall vest on each of the next three Vesting Commencement Date anniversaries thereafter. "Vesting Commencement Date" shall mean December 17, 2021.