Ted Yednock - Oct 15, 2024 Form 4 Insider Report for Annexon, Inc. (ANNX)

Signature
/s/ Jennifer Lew, Attorney-in-Fact
Stock symbol
ANNX
Transactions as of
Oct 15, 2024
Transactions value $
-$30,068
Form type
4
Date filed
10/17/2024, 05:09 PM
Previous filing
Sep 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ANNX Common Stock Options Exercise $10K +5.41K +7.58% $1.85 76.8K Oct 15, 2024 Direct
transaction ANNX Common Stock Sale -$40.1K -5.41K -7.04% $7.41 71.4K Oct 15, 2024 Direct F1

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 ANNX Stock Option (Right to Buy) Options Exercise $0 -5.41K -15% $0.00 30.6K Oct 15, 2024 Common Stock 5.41K $1.85 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 The transactions reported herein were effected pursuant to the Reporting Person's Rule 10b5-1 trading plan, adopted April 12, 2024.
F2 The shares subject to the option are fully vested and exercisable.