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

Role: Chief Business Officer
Signature: /s/ Christopher Krueger
Issuer symbol: VTYX
Transactions as of: 17 Dec 2023
Net transactions value: $0
Form type: 4
Filing time: 19 Dec 2023, 17:25:35 UTC
Previous filing: 04 Oct 2023
Next filing: 21 Dec 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	VTYX	Common Stock	Options Exercise	$0	+10,479	+3.8%	$0.000000	287,412	17 Dec 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	-10,479	-33%	$0.000000	20,958	17 Dec 2023	Common Stock	10,479		Direct	F1, F3
transaction	VTYX	Stock Option (Right to Buy)	Award	$0	+181,250		$0.000000	181,250	18 Dec 2023	Common Stock	181,250	$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.