Karah Parschauer - Mar 1, 2023 Form 4 Insider Report for Ultragenyx Pharmaceutical Inc. (RARE)

Role
EVP and Chief Legal Officer
Signature
Karah Parschauer
Stock symbol
RARE
Transactions as of
Mar 1, 2023
Transactions value $
-$143,035
Form type
4
Date filed
3/3/2023, 06:59 PM
Previous filing
Jan 31, 2023
Next filing
May 5, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RARE Common Stock Award $0 +2.66K +7.73% $0.00 37.1K Mar 1, 2023 Direct F1
transaction RARE Common Stock Award $0 +22K +59.3% $0.00 59.1K Mar 1, 2023 Direct F2
transaction RARE Common Stock Sale -$143K -3.16K -5.33% $45.25 56.1K Mar 1, 2023 Direct 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 RARE Stock Option (Right to Buy) Award $0 +39.4K $0.00 39.4K Mar 1, 2023 Common Stock 39.4K $45.65 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of common stock which previously granted performance stock units were converted on March 1, 2023 upon certification of the performance metric.
F2 Award of Restricted Stock Units ("RSUs") under the Company's 2014 Incentive Plan. The RSUs shall vest with respect to 1/4th of the underlying shares on each anniversary of the grant date, such that the RSUs are fully vested on the fourth anniversary of the grant date.
F3 Represents shares sold to pay required tax withholdings due to the vesting of RSUs.
F4 Includes 199 shares acquired under the Company's 2014 Employee Stock Purchase Plan on October 31, 2022.
F5 Includes previously reported shares of common stock underlying RSUs granted to the Reporting Person, which are subject to certain vesting conditions.
F6 On the first anniversary of the grant date of the option (the "Option Anniversary Date"), 1/4th of the shares initially subject to the option shall vest; thereafter, 1/48th of the shares initially subject to the option shall vest on each month as measured from the Option Anniversary Date.