Pratik Shah - Jun 4, 2024 Form 4 Insider Report for ARS Pharmaceuticals, Inc. (SPRY)

Signature
/s/ Kathleen Scott, Attorney-in Fact, for The Pratik Shah Living Trust dated June 15, 2011
Stock symbol
SPRY
Transactions as of
Jun 4, 2024
Transactions value $
$0
Form type
4
Date filed
6/6/2024, 04:32 PM
Previous filing
Sep 5, 2023
Next filing
Jun 7, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPRY Common Stock Other -2.67M -26.25% 7.49M Jun 4, 2024 By The Pratik Shah Living Trust dated June 15, 2011 F1, F2
transaction SPRY Common Stock Gift $0 -1.33M -17.79% $0.00 6.16M Jun 4, 2024 By The Pratik Shah Living Trust dated June 15, 2011 F2, F3
transaction SPRY Common Stock Gift $0 +1.33M $0.00 1.33M Jun 4, 2024 By Spouse of Pratik Shah, Ph.D. F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Pratik Shah Living Trust dated June 15, 2011 transferred 1,332,900 shares to The Light Irrevocable Trust #1 (the "Light Trust"), of which an adult son of Pratik Shah, M.D. is a beneficiary, and 1,332,900 shares to The Star Irrevocable Trust #1 (the "Star Trust"), of which an adult son of Dr. Shah is a beneficiary. Dr. Shah is grantor of The Light Trust and the Star Trust and therefore has the ability to terminate each trust. Each transfer was made in exchange for trust assets of equal value under an asset substitution power authorized under the terms of each trust.
F2 Pratik Shah, Ph.D. is the trustee of The Pratik Shah Living Trust dated June 15, 2011.
F3 This transaction involved the reporting person's gift to his spouse.