Christopher Krueger - Dec 17, 2023 Form 4 Insider Report for Ventyx Biosciences, Inc. (VTYX)

Signature
/s/ Christopher Krueger
Stock symbol
VTYX
Transactions as of
Dec 17, 2023
Transactions value $
$0
Form type
4
Date filed
12/19/2023, 05:25 PM
Previous filing
Oct 4, 2023
Next filing
Dec 21, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VTYX Common Stock Options Exercise $0 +10.5K +3.78% $0.00 287K Dec 17, 2023 Direct F1, 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 VTYX Restricted Stock Units Options Exercise $0 -10.5K -33.33% $0.00 21K Dec 17, 2023 Common Stock 10.5K Direct F1, F3
transaction VTYX Stock Option (Right to Buy) Award $0 +181K $0.00 181K Dec 18, 2023 Common Stock 181K $2.14 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents a contingent right to receive one share of Ventyx Biosciences, Inc. common stock.
F2 Includes 385 shares of Common Stock acquired on November 15, 2023, through the Issuer's 2021 Employee Stock Purchase Plan.
F3 Subject to the reporting person's continuing to be a Service Provider (as defined in the 2021 Equity Incentive Plan) through such applicable vesting date, twenty five percent (25%) of the RSUs subject to the award shall vest on the one (1) year anniversary of the Vesting Commencement Date, and twenty five percent (25%) of the RSUs subject to the award shall vest on each of the next three Vesting Commencement Date anniversaries thereafter. "Vesting Commencement Date" shall mean December 17, 2021.
F4 One forty-eighth (1/48th) of the total shares subject to the Option shall vest each month following December 18, 2023 (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), subject to the reporting person continuing to be a Service Provider, as defined in the Company's 2021 Equity Incentive Plan (the "Plan") through each such date.