Stephen A. Sherwin - Jan 3, 2023 Form 4 Insider Report for NEUROCRINE BIOSCIENCES INC (NBIX)

Role
Director
Signature
/s/ Darin Lippoldt, Attorney-in-Fact
Stock symbol
NBIX
Transactions as of
Jan 3, 2023
Transactions value $
-$3,565,728
Form type
4
Date filed
1/5/2023, 05:21 PM
Previous filing
Jan 27, 2023
Next filing
May 19, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NBIX Common Stock Options Exercise $191K +15K +59.87% $12.71* 40.1K Jan 3, 2023 Direct
transaction NBIX Common Stock Sale -$1.78M -15K -37.45% $118.87 25.1K Jan 3, 2023 Direct F1, F2
transaction NBIX Common Stock Options Exercise $195K +15K +59.87% $12.98* 40.1K Jan 3, 2023 Direct
transaction NBIX Common Stock Sale -$1.78M -15K -37.45% $118.85 25.1K Jan 3, 2023 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 NBIX Non-Qualified Stock Option Options Exercise -$191K -15K -100% $12.71* 0 Jan 3, 2023 Common Stock 15K $12.71 Direct F3
transaction NBIX Non-Qualified Stock Option Options Exercise -$195K -15K -100% $12.98* 0 Jan 3, 2023 Common Stock 15K $12.98 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The disposition reported in this Form 4 was effected by a broker pursuant to instructions set forth in a Rule 10b5-1 trading plan adopted by the Reporting Person at least 60 days prior to the transaction date in Box 3 above. Additionally, Issuer policy restricts the Reporting Person from amending or otherwise modifying any 10b5-1 trading plan subsequent to adoption of the plan.
F2 Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $117.75 to $119.74. The Reporting Person has provided to the issuer, and will provide to any security holder of the issuer or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.
F3 Option granted May 23, 2013 and vested monthly over one year.
F4 Option granted May 22, 2014 and vested monthly over one year.