Jason Drew Smith - 31 Jan 2023 Form 4 Insider Report for UroGen Pharma Ltd. (URGN)

Role
General Counsel
Signature
/s/ Jason D. Smith, Attorney-in-Fact
Issuer symbol
URGN
Transactions as of
31 Jan 2023
Net transactions value
-$16,556
Form type
4
Filing time
02 Feb 2023, 12:04:04 UTC
Previous filing
02 Sep 2022
Next filing
05 Sep 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction URGN Ordinary Shares Options Exercise +833 +6.8% 13,009 31 Jan 2023 Direct F1
transaction URGN Ordinary Shares Sale $4,139 -409 -3.1% $10.12 12,600 31 Jan 2023 Direct F2
transaction URGN Ordinary Shares Options Exercise +2,500 +20% 15,100 31 Jan 2023 Direct F1
transaction URGN Ordinary Shares Sale $12,417 -1,227 -8.1% $10.12 13,873 31 Jan 2023 Direct F2

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 URGN Restricted Stock Units Options Exercise $0 -833 -50% $0.000000 834 31 Jan 2023 Ordinary Shares 833 Direct F1, F3
transaction URGN Restricted Stock Units Options Exercise $0 -2,500 -33% $0.000000 5,000 31 Jan 2023 Ordinary Shares 2,500 Direct F1, F4
transaction URGN Restricted Stock Units Award $0 +20,000 $0.000000 20,000 31 Jan 2023 Ordinary Shares 20,000 Direct F1, F5
transaction URGN Employee Stock Option (right to buy) Award $0 +40,000 $0.000000 40,000 31 Jan 2023 Ordinary Shares 40,000 $10.39 Direct F6
* 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 ordinary share of the Issuer.
F2 Represents shares sold to satisfy withholding tax obligations upon the settlement of restricted stock units.
F3 The reporting person was granted RSUs on January 31, 2021 representing 2,500 ordinary shares. The RSUs will vest in three equal annual installments from January 31, 2022.
F4 The reporting person was granted RSUs on January 31, 2022 representing 7,500 ordinary shares. The RSUs will vest in three equal annual installments from January 31, 2023.
F5 1/3 of the shares underlying the restricted stock units will vest on each of January 31, 2024, January 31, 2025 and January 31, 2026.
F6 1/3 of the shares underlying the stock options will vest on each of January 31, 2024, January 31, 2025 and January 31, 2026.