JOHN L. BISHOP - 17 Jul 2023 Form 4 Insider Report for VERACYTE, INC. (VCYT)

Role
Director
Signature
/s/ Jonathan Wygant, as attorney-in-fact
Issuer symbol
VCYT
Transactions as of
17 Jul 2023
Net transactions value
-$477,602
Form type
4
Filing time
19 Jul 2023, 20:35:44 UTC
Previous filing
13 Jun 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VCYT Common Stock Options Exercise $63,700 +10,000 +30% $6.37 43,125 17 Jul 2023 Direct F1
transaction VCYT Common Stock Sale $300,002 -10,000 -23% $30.00 33,125 17 Jul 2023 Direct F1, F2
transaction VCYT Common Stock Options Exercise $63,700 +10,000 +30% $6.37 43,125 18 Jul 2023 Direct F1
transaction VCYT Common Stock Sale $305,000 -10,000 -23% $30.50 33,125 18 Jul 2023 Direct F1

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 VCYT Stock Option (right to buy) Options Exercise $0 -10,000 -29% $0.000000 25,000 17 Jul 2023 Common Stock 10,000 $6.37 Direct F1, F3
transaction VCYT Stock Option (right to buy) Options Exercise $0 -10,000 -40% $0.000000 15,000 18 Jul 2023 Common Stock 10,000 $6.37 Direct F1, F3
* 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 transactions on this Form 4 were made pursuant to a Rule 10b5-1 plan adopted by the reporting person on February 28, 2023.
F2 Represents weighted average sales price. Sale prices for the transactions range from $30.00 to $30.03. Detailed information regarding the number of shares sold at each separate price will be provided to the SEC, the issuer or a shareholder upon request.
F3 The option is fully vested.