John Nuss - 03 Oct 2023 Form 4 Insider Report for Ventyx Biosciences, Inc. (VTYX)

Signature
/s/ Christopher Krueger, as Attorney-in-Fact
Issuer symbol
VTYX
Transactions as of
03 Oct 2023
Net transactions value
-$266,391
Form type
4
Filing time
04 Oct 2023, 19:26:06 UTC
Previous filing
07 Sep 2023
Next filing
19 Dec 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VTYX Common Stock Options Exercise $280 +1,401 +0.57% $0.2000* 246,216 03 Oct 2023 Direct
transaction VTYX Common Stock Options Exercise $28,221 +7,972 +3.2% $3.54 254,188 03 Oct 2023 Direct
transaction VTYX Common Stock Options Exercise $5,041 +627 +0.25% $8.04 254,815 03 Oct 2023 Direct
transaction VTYX Common Stock Sale $277,726 -9,277 -3.6% $29.94 245,538 03 Oct 2023 Direct F1, F2
transaction VTYX Common Stock Sale $22,207 -723 -0.29% $30.72 244,815 03 Oct 2023 Direct F1, F3

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 -1,401 -21% $0.000000 5,377 03 Oct 2023 Common Stock 1,401 $0.2000 Direct F4
transaction VTYX Stock Option (right to buy) Options Exercise $0 -7,972 -100% $0.000000* 0 03 Oct 2023 Common Stock 7,972 $3.54 Direct
transaction VTYX Stock Option (right to buy) Options Exercise $0 -627 -0.32% $0.000000 192,777 03 Oct 2023 Common Stock 627 $8.04 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 28, 2022.
F2 Represents the weighted average share price of an aggregate total of 9,277 shares sold in the price range of $29.24 to $30.205. 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 723 shares sold in the price range of $30.255 to $30.965. 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 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 thirty-sixth (1/36th) of the shares subject to the option shall vest each month following the Vesting Commencement Date 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 1, 2020.
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, 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.