Douglas J. Manion - Feb 1, 2023 Form 4 Insider Report for Aclaris Therapeutics, Inc. (ACRS)

Role
Pres and CEO, Director
Signature
/s/ Mark Ballantyne, Attorney-in-Fact
Stock symbol
ACRS
Transactions as of
Feb 1, 2023
Transactions value $
$0
Form type
4
Date filed
2/3/2023, 04:04 PM
Previous filing
Aug 2, 2022
Next filing
Mar 9, 2023

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 ACRS Employee Stock Option (Right to Buy) Award $0 +378K $0.00 378K Feb 1, 2023 Common Stock 378K $16.97 Direct F1
transaction ACRS Restricted Stock Units Award $0 +108K $0.00 108K Feb 1, 2023 Common Stock 108K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Exercisable with respect to 25% of the shares subject to the option vesting in four equal installments on the first, second, third and fourth anniversaries of January 1, 2023, subject to the Continuous Service of the Reporting Person (as defined in the Plan) as of each such date.
F2 Each restricted stock unit represents a contingent right to receive one share of common stock of the issuer.
F3 The shares underlying these restricted stock units vest in four equal installments on the first, second, third and fourth anniversaries of January 1, 2023, subject to the Continuous Service of the Reporting Person (as defined in the Plan) as of each such date.