Stephen F. Betz - Dec 11, 2023 Form 4 Insider Report for Crinetics Pharmaceuticals, Inc. (CRNX)

Signature
/s/ Marc Wilson, as attorney-in-fact
Stock symbol
CRNX
Transactions as of
Dec 11, 2023
Transactions value $
-$98,610
Form type
4
Date filed
12/13/2023, 04:44 PM
Previous filing
Nov 29, 2023
Next filing
Dec 27, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRNX Common Stock Sale -$98.6K -3K -3.52% $32.87 82.3K Dec 11, 2023 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sale reported in this Form 4 was effected automatically pursuant to a Rule 10b5-1 trading plan.
F2 The common stock was sold by the Reporting Person in open market transactions on the transaction date with a volume weighted average sales price of $32.87 per share. The range of sales prices on the transaction date was $32.84 to $33.50 per share. Detailed information on the exact number of shares can be obtained from the issuer upon request.