Christopher Krueger - Apr 3, 2022 Form 4 Insider Report for Ventyx Biosciences, Inc. (VTYX)

Signature
/s/ Christopher Krueger
Stock symbol
VTYX
Transactions as of
Apr 3, 2022
Transactions value $
-$461,126
Form type
4
Date filed
4/5/2023, 07:16 PM
Previous filing
Feb 4, 2022
Next filing
Aug 24, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VTYX Common Stock Options Exercise $28.2K +7.97K +2.82% $3.54 291K Apr 3, 2022 Direct
transaction VTYX Common Stock Options Exercise $3.82K +475 +0.16% $8.04 291K Apr 3, 2022 Direct
transaction VTYX Common Stock Sale -$493K -15K -5.15% $32.88 276K Apr 3, 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 Stock Option (Right to Buy) Options Exercise $0 -7.97K -100% $0.00* 0 Apr 3, 2023 Common Stock 7.97K $3.54 Direct
transaction VTYX Stock Option (Right to Buy) Options Exercise $0 -475 -0.28% $0.00 170K Apr 3, 2023 Common Stock 475 $8.04 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 28, 2022.
F2 Represents the weighted average share price of an aggregate total of 15,000 shares sold in the price range of $32.5744 to $33.495. The reporting owner undertakes to provide upon request by the Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
F3 Option granted under pursuant to the Issuer's 2019 Equity Incentive Plan, as amended (the "2019 Plan"). Subject to the Reporting Person continuing to be a Service Provider (as defined 2019 Plan) through each applicable date, twenty-five percent (25%) of the shares subject to the options shall vest on the one year anniversary of the Vesting Commencement date, and, thereafter, one thirty-sixth (1/36th) of the remaining shares subject to the option shall vest each month on the same day of the month as the Vesting Commencement Date (and if there is no corresponding day, on the last day of the month). "Vesting Commencement Date" shall mean September 17, 2021.