Sailaja Puttagunta - 01 Dec 2023 Form 4 Insider Report for Iterum Therapeutics plc (ITRM)

Signature
/s/ Sailaja Puttagunta
Issuer symbol
ITRM
Transactions as of
01 Dec 2023
Net transactions value
-$6,218
Form type
4
Filing time
04 Dec 2023, 17:00:26 UTC
Previous filing
03 Apr 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ITRM Ordinary Shares Award $0 +8,333 +168% $0.000000 13,302 01 Dec 2023 Direct F1, F2
transaction ITRM Ordinary Shares Tax liability $6,218 -2,933 -22% $2.12 10,369 01 Dec 2023 Direct 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 ITRM Restricted Share Units Options Exercise $0 -8,333 -33% $0.000000 16,666 01 Dec 2023 Ordinary Shares 8,333 Direct F2, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On August 17, 2022 the Issuer effected a 1 for 15 reverse share split (the "Reverse Share Split"). The number of ordinary shares reported in this Form 4 have been adjusted to reflect the Reverse Share Split.
F2 Restricted share units ("RSUs") converted into ordinary shares on a one-for-one basis upon vesting of the RSUs.
F3 Represents the ordinary shares withheld to satisfy tax obligations arising out of vesting of a portion of previously granted RSUs.
F4 The number of RSUs reported on this Form 4 have been adjusted to reflect the Reverse Share Split.
F5 On December 1, 2021, the reporting person was granted an award of 33,333 RSUs, 25% of which vested on December 1, 2022, with a further 25% having vested on December 1, 2023.