James Warren Huff - Jul 6, 2023 Form 4 Insider Report for REATA PHARMACEUTICALS INC (RETA)

Role
Chief Executive Officer, Director
Signature
/s/ Tracy Herson, attorney-in-fact
Stock symbol
RETA
Transactions as of
Jul 6, 2023
Transactions value $
$0
Form type
4
Date filed
7/10/2023, 04:38 PM
Previous filing
Mar 3, 2023
Next filing
Sep 26, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RETA Class A common stock Award $0 +11.7K +30.47% $0.00 49.9K Jul 6, 2023 Direct F1, F2
transaction RETA Class A common stock Award $0 +72.6K +145.37% $0.00 122K Jul 6, 2023 Direct F3
holding RETA Class A common stock 10.4K Jul 6, 2023 By The 2021 JWH GRAT 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 RETA Employee Stock Option (right-to-buy) Award $0 +275K $0.00 275K Jul 6, 2023 Class A common stock 275K $25.03 Direct F4
holding RETA Class B common stock 213K Jul 6, 2023 Class A common stock 213K Direct F5
holding RETA Employee Stock Option (right to buy) 51.8K Jul 6, 2023 Class B common stock 51.8K $11.00 Direct F5, F6
holding RETA Employee Stock Option (right to buy) 100K Jul 6, 2023 Class B common stock 100K $22.57 Direct F5, F7
holding RETA Employee Stock Option (right to buy) 125K Jul 6, 2023 Class B common stock 125K $24.75 Direct F5, F8
holding RETA Employee Stock Option (right to buy) 57.3K Jul 6, 2023 Class B common stock 57.3K $55.73 Direct F5, F9
holding RETA Employee Stock Option (right to buy) 28.6K Jul 6, 2023 Class B common stock 28.6K $55.73 Direct F5, F10
holding RETA Employee Stock Option (right to buy) 28.6K Jul 6, 2023 Class B common stock 28.6K $55.73 Direct F5, F11
holding RETA Employee Stock Option (right to buy) 20.1K Jul 6, 2023 Class B common stock 20.1K $207.20 Direct F5, F12
holding RETA Employee Stock Option (right to buy) 24K Jul 6, 2023 Class A common stock 24K $121.29 Direct F13
holding RETA Employee Stock Option (right-to-buy) 147K Jul 6, 2023 Class A common stock 147K $36.71 Direct F14
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares represent Restricted Stock Units granted with performance criteria (PSUs). On December 17, 2020, the reporting person was granted 11,656 PSUs. On July 6, 2023, based on certain performance criteria, the PSUs vested as to 2,914 shares, with the remainder vesting 1/12th on each subsequent 3 month anniversary, subject to continued service through each vesting date.
F2 Reflects the transfer of 2,102 shares of Class A common stock previously reported as indirectly held by The 2021 JWH GRAT to the Reporting Person directly.
F3 The shares represent Restricted Stock Units granted with performance criteria (PSUs). On September 29, 2022, the reporting person was granted 72,564 PSUs. On July 6, 2023, based on certain performance criteria, the PSUs are set to vest 1/12th each quarter beginning on October 6, 2023, subject to continued service through each vesting date.
F4 On September 29, 2022, the reporting person was granted an option to purchase 275,436 shares of Class A common stock subject to performance criteria. On July 6, 2023, based on certain performance criteria, the options are set to vest 1/12th each quarter beginning on October 6, 2023, subject to continued service through each vesting date.
F5 The Class B common stock is convertible into Class A common stock on a one-for-one basis at the holder's election at any time. The conversion right of the Class B common stock has no expiration date.
F6 The options vested in sixteen equal quarterly installments beginning on August 25, 2016.
F7 The options vested in twenty equal quarterly installments beginning on March 7, 2017.
F8 The options vested in sixteen equal quarterly installments beginning on March 6, 2018.
F9 The options vested in sixteen equal quarterly installments beginning on April 2, 2019.
F10 On October 14, 2019, based on the satisfaction of certain performance criteria, the option vested as to 7,156 shares and the option was set to vest as to 21,469 shares in twelve equal quarterly installments beginning on January 14, 2020, subject to continued service through each vesting date.
F11 On November 11, 2019, based on the satisfaction of certain performance criteria, the option vested as to 7,156 shares and the option was set to vest as to 21,469 shares in twelve equal quarterly installments beginning on February 11, 2020, subject to continued service through each vesting date.
F12 The options vest in sixteen equal quarterly installments beginning on April 2, 2020, subject to continued service through each vesting date.
F13 The options vest in sixteen equal quarterly installments beginning on April 4, 2021, subject to continued service through each vesting date.
F14 The options vest 1/16th of each grant on March 6, May 15, August 15, and November 15 of each year, subject to continued service through each vesting date.