Brendan Hannah - 04 Jun 2024 Form 4 Insider Report for Quince Therapeutics, Inc. (QNCX)

Signature
/s/ Brendan Hannah
Issuer symbol
QNCX
Transactions as of
04 Jun 2024
Net transactions value
+$30,834
Form type
4
Filing time
05 Jun 2024, 14:37:39 UTC
Previous filing
02 Feb 2024
Next filing
21 Aug 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QNCX Common Stock Options Exercise $30,834 +56,061 +28% $0.5500 257,616 04 Jun 2024 Direct

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 QNCX Employee Stock Option (right to buy) Options Exercise $0 -56,061 -54% $0.000000 47,439 04 Jun 2024 Common Stock 56,061 $0.5500 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares subject to the option shall vest over a four-year period, with 25% of the shares subject to the option vesting on the first anniversary of the vesting commencement date and the remainder vesting in 36 equal monthly installments over the following three years.