David Moatazedi - Mar 27, 2023 Form 4 Insider Report for Evolus, Inc. (EOLS)

Signature
/s/ Jeffrey J. Plumer, as attorney-in-fact for David Moatazedi
Stock symbol
EOLS
Transactions as of
Mar 27, 2023
Transactions value $
-$51,752
Form type
4
Date filed
3/29/2023, 05:11 PM
Previous filing
Mar 16, 2023
Next filing
May 9, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EOLS Common Stock Sale -$51.8K -6.11K -0.99% $8.47 610K Mar 27, 2023 Direct F1
* 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 sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person and represent shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of certain Restricted Stock Units.

Remarks:

President and Chief Executive Officer