Joseph Monahan - 01 Mar 2024 Form 4 Insider Report for Aclaris Therapeutics, Inc. (ACRS)

Role
Chief Scientific Officer
Signature
/s/ Matthew Rothman, Attorney-in-Fact
Issuer symbol
ACRS
Transactions as of
01 Mar 2024
Net transactions value
-$26,391
Form type
4
Filing time
05 Mar 2024, 17:04:56 UTC
Previous filing
05 Feb 2024
Next filing
12 Dec 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ACRS Common Stock Options Exercise +50,000 +37% 184,641 01 Mar 2024 Direct F1
transaction ACRS Common Stock Tax liability $18,066 -14,569 -7.9% $1.24 170,072 01 Mar 2024 Direct F2
transaction ACRS Common Stock Options Exercise +10,925 +6.4% 180,997 01 Mar 2024 Direct F1
transaction ACRS Common Stock Tax liability $3,947 -3,183 -1.8% $1.24 177,814 01 Mar 2024 Direct F2
transaction ACRS Common Stock Options Exercise +12,500 +7% 190,314 02 Mar 2024 Direct F1
transaction ACRS Common Stock Tax liability $4,378 -3,531 -1.9% $1.24 186,783 02 Mar 2024 Direct F2
holding ACRS Common Stock 193 01 Mar 2024 By Spouse

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 ACRS Restricted Stock Units Options Exercise $0 -50,000 -50% $0.000000 50,000 01 Mar 2024 Common Stock 50,000 Direct F1, F3
transaction ACRS Restricted Stock Units Options Exercise $0 -10,925 -33% $0.000000 21,850 01 Mar 2024 Common Stock 10,925 Direct F1, F4
transaction ACRS Restricted Stock Units Options Exercise $0 -12,500 -100% $0.000000* 0 02 Mar 2024 Common Stock 12,500 Direct F1, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of common stock of the issuer.
F2 The transaction reported represents the withholding of shares by the issuer to satisfy the Reporting Person's tax withholding obligations in connection with the vesting and settlement of restricted stock units described in this Form 4.
F3 The shares underlying these restricted stock units vest in four equal annual installments beginning on March 1, 2022, subject to the Continuous Service of the Reporting Person (as defined in the Plan) as of each such date.
F4 The shares underlying these restricted stock units vest in four equal annual installments beginning on March 1, 2023, subject to the Continuous Service of the Reporting Person (as defined in the Plan) as of each such date.
F5 The shares underlying these restricted stock units vest in four equal annual installments beginning on March 2, 2021, subject to the Continuous Service of the Reporting Person (as defined in the Plan) as of each such date.

Remarks:

Exhibit 24.1 - Power of Attorney