Martha E. Manning - 07 Aug 2023 Form 4 Insider Report for MARINUS PHARMACEUTICALS, INC.

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
08 Aug 2023, 21:05:12 UTC
Prior SEC filing
30 Jan 2023
Next SEC filing
19 Jan 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Debra A. Mohollen, Attorney-in-Fact

Key filing fact

Martha E. Manning filed Form 4 for MARINUS PHARMACEUTICALS, INC. on 08 Aug 2023.

Key facts

  • This page summarizes Martha E. Manning's Form 4 filing for MARINUS PHARMACEUTICALS, INC..
  • 2 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 08 Aug 2023, 21:05.

Change

  • Previous filing in this sequence was filed on 30 Jan 2023.
  • Current net transaction value: -$20,790.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

MRNS transaction

Common Stock

Sale

Transaction value
$20,692
Shares
-2,169
Change %
-6.2%
Price
$9.54
Shares after
33,036
Date
07 Aug 2023
Ownership
Direct
Footnotes
F1, F2
MRNS transaction

Common Stock

Sale

Transaction value
$98.23
Shares
-11
Change %
-0.03%
Price
$8.93
Shares after
33,025
Date
08 Aug 2023
Ownership
Direct
Footnotes
F1, F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Rule 10b5-1 trading plan

These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.

Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).

Explanation of responses 3 footnotes

Footnote F1

The sales reported on this Form 4 represent shares of common stock of Marinus Pharmaceuticals, Inc. (the "Company") sold by the reporting person pursuant to a Rule 10b5-1 Plan adopted on May 16, 2022 to cover tax obligations in connection with the vesting of restricted stock units.

Footnote F2

The price reported in column 4 is a weighted-average price. These shares were sold in multiple transactions at prices ranging from $9.34 to $9.84, inclusive. The reporting person undertakes to provide to the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (2) to this Form 4.

Footnote F3

The price reported in column 4 is a weighted-average price. These shares were sold in multiple transactions at prices ranging from $8.58 to $8.96, inclusive. The reporting person undertakes to provide to the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (3) to this Form 4.

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