Martin Auster - Apr 25, 2023 Form 4 Insider Report for Ventyx Biosciences, Inc. (VTYX)

Role: Chief Financial Officer
Signature: /s/ Christopher Krueger, as Attorney-in-Fact
Stock symbol: VTYX
Transactions as of: Apr 25, 2023
Transactions value $: -$968,390
Form type: 4
Date filed: 4/27/2023, 04:55 PM
Previous filing: Apr 19, 2023
Next filing: Jun 7, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	VTYX	Common Stock	Options Exercise	$96.6K	+28K	+58.76%	$3.45^*	75.6K	Apr 25, 2023	Direct
transaction	VTYX	Common Stock	Sale	-$704K	-18.7K	-24.78%	$37.55	56.9K	Apr 25, 2023	Direct	F1, F2
transaction	VTYX	Common Stock	Sale	-$165K	-4.26K	-7.49%	$38.76	52.6K	Apr 25, 2023	Direct	F1, F3
transaction	VTYX	Common Stock	Sale	-$196K	-4.99K	-9.48%	$39.23	47.6K	Apr 25, 2023	Direct	F1, F4

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	-28K	-9.24%	$0.00	275K	Apr 25, 2023	Common Stock	28K	$3.45	Direct	F5

* 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 29, 2022.
F2	Represents the weighted average share price of an aggregate total of 18,748 shares sold in the price range of $37.05 to $38.035. 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	Represents the weighted average share price of an aggregate total of 4,262 shares sold in the price range of $38.055 to $39.055. 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.
F4	Represents the weighted average share price of an aggregate total of 4,990 shares sold in the price range of $39.06 to $39.8098. 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.
F5	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, one third (1/3rd) of the shares subject to the options shall vest on the one year anniversary of the Vesting Commencement date, and, thereafter, one twenty-fourth (1/24th) 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 May 3, 2021.