Catherine Pearce - Jan 11, 2023 Form 4 Insider Report for CinCor Pharma, Inc. (CINC)

Signature
/s/ Cathy Rude, Attorney-in-Fact
Stock symbol
CINC
Transactions as of
Jan 11, 2023
Transactions value $
-$114,914
Form type
4
Date filed
1/19/2023, 03:34 PM
Previous filing
Jan 13, 2022
Next filing
Jan 30, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CINC Common Stock Options Exercise +13.2K +10.11% 144K Jan 11, 2023 Direct F1
transaction CINC Common Stock Tax liability -$115K -4K -2.77% $28.75 140K Jan 11, 2023 Direct
holding CINC Common Stock 1.5K Jan 11, 2023 By spouse 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 CINC Restricted Stock Units Options Exercise $0 -13.2K -50% $0.00 13.2K Jan 11, 2023 Common Stock 13.2K 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 common stock.
F2 The securities are held by the Reporting Person's spouse. The Reporting Person shares voting and investment control of the shares and may be deemed to beneficially own the shares. The Reporting Person disclaims beneficial ownership of such shares except to the extent of her proportionate pecuniary interest therein.
F3 The RSUs vest in two equal annual installments beginning January 11, 2023, subject to the continued service by the Reporting Person to the Issuer as of the applicable vesting date.