Rosty Raykov - Apr 3, 2024 Form 4 Insider Report for FENNEC PHARMACEUTICALS INC. (FENC)

Signature
/s/ Rostislav Raykov
Stock symbol
FENC
Transactions as of
Apr 3, 2024
Transactions value $
-$437,451
Form type
4
Date filed
4/3/2024, 05:37 PM
Previous filing
Apr 3, 2024
Next filing
Apr 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FENC Common shares Sale -$157K -14.6K -4.61% $10.78 302K Apr 3, 2024 Direct F1
transaction FENC Common shares Sale -$280K -26K -8.61% $10.78 276K Apr 3, 2024 Direct F2
* 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 Represents shares sold pursuant to a 10b5-1 plan dated December 14, 2023. Shares sold to satisy tax obligation.
F2 Represents shares sold pursuant to a 10b5-1 plan dated December 14, 2023.