John Nuss - 17 Dec 2024 Form 4 Insider Report for Ventyx Biosciences, Inc. (VTYX)

Role
CHIEF SCIENTIFIC OFFICER
Signature
/s/ Austin Rutherford, as Attorney-in-Fact
Issuer symbol
VTYX
Transactions as of
17 Dec 2024
Net transactions value
-$29,682
Form type
4
Filing time
19 Dec 2024, 18:50:31 UTC
Previous filing
11 Dec 2024
Next filing
30 Dec 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VTYX Common Stock Options Exercise $0 +34,930 +7.5% $0.000000 498,862 17 Dec 2024 Direct F1
transaction VTYX Common Stock Sale $29,682 -13,161 -2.6% $2.26 485,701 19 Dec 2024 Direct F2, F3

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 VTYX Restricted Stock Units Options Exercise $0 -34,930 -50% $0.000000 34,930 17 Dec 2024 Common Stock 34,930 Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents a contingent right to receive one share of Ventyx Biosciences, Inc. common stock.
F2 Represents a broker-assisted sale to satisfy the Reporting Person's tax withholding obligations in connection with the vesting of restricted stock units.
F3 Represents the weighted average share price of an aggregate total of 13,161 shares sold in the price range of $2.205 to $2.38. The reporting owner undertakes to provide upon request by the Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
F4 Subject to the reporting person's continuing to be a Service Provider (as defined in the 2021 Equity Incentive Plan) through such applicable vesting date, twenty five percent (25%) of the RSUs subject to the award shall vest on the one (1) year anniversary of the Vesting Commencement Date, and twenty five percent (25%) of the RSUs subject to the award shall vest on each of the next three Vesting Commencement Date anniversaries thereafter. "Vesting Commencement Date" shall mean December 17, 2021.