Caryn Parlavecchio - Jan 16, 2024 Form 4 Insider Report for Scholar Rock Holding Corp (SRRK)

Role
CHRO
Signature
/s/ Junlin Ho, Attorney-in-Fact for Caryn Parlavecchio
Stock symbol
SRRK
Transactions as of
Jan 16, 2024
Transactions value $
-$45,381
Form type
4
Date filed
1/18/2024, 04:08 PM
Previous filing
Aug 18, 2023
Next filing
Feb 13, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SRRK Common Stock Sale -$45.4K -2.85K -2.43% $15.93 114K Jan 16, 2024 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the number of shares required to be sold by the reporting person to cover the tax withholding obligation in connection with the vesting of restricted stock units ("RSU") on January 15, 2024. This sale is mandated by the Issuer's election under its equity incentive plans to require the reporting person to fund this tax withholding obligation by completing a "sell to cover" transaction with a brokerage firm designated by the Issuer. This sale does not represent a discretionary trade by the reporting person. The shares vested pursuant to awards that were granted on February 14, 2022. Each RSU represents the contingent right to receive upon vesting of the RSU, one share of the Issuer's common stock. The shares subject to these RSU awards vest annually over four years, subject to a continued service relationship with the Issuer on the applicable vesting date.
F2 Consists of 21,491 shares of common stock and 92,859 RSUs.