David Moatazedi - Jun 4, 2024 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
Jun 4, 2024
Transactions value $
-$3,876,967
Form type
4
Date filed
6/6/2024, 07:01 PM
Previous filing
May 14, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EOLS Common Stock Sale -$1.78M -140K -20.82% $12.73 533K Jun 4, 2024 Direct F1
transaction EOLS Common Stock Options Exercise $848K +155K +29.11% $5.46 689K Jun 5, 2024 Direct
transaction EOLS Common Stock Sale -$2.01M -155K -22.55% $12.92 533K Jun 5, 2024 Direct F2
transaction EOLS Common Stock Options Exercise $1.28M +176K +32.99% $7.28 709K Jun 6, 2024 Direct
transaction EOLS Common Stock Sale -$2.21M -176K -24.81% $12.59 533K Jun 6, 2024 Direct 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 EOLS Stock Option (Right to Buy) Options Exercise $0 -155K -50% $0.00 155K Jun 5, 2024 Common Stock 155K $5.46 Direct F4
transaction EOLS Stock Option (Right to Buy) Options Exercise $0 -176K -14.88% $0.00 1.01M Jun 6, 2024 Common Stock 176K $7.28 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares were sold in multiple trades at prices ranging from $12.70 to $12.96. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F2 The shares were sold in multiple trades at prices ranging from $12.77 to $13.02. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F3 The shares were sold in multiple trades at prices ranging from $12.40 to $12.95. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F4 The shares subject to the option vest over a period of four years, with 1/4th of the shares subject to the option vesting annually on the anniversary of January 24, 2022, provided the reporting person remains in continuous service on each vesting date, subject to accelerated vesting in certain events, including certain terminations of the reporting person or upon certain changes of control of the issuer.
F5 The shares subject to the option vested in full over a period of four years, with 1/4th of the shares subject to the option vesting annually on the anniversary of May 6, 2018, provided the reporting person remains in continuous service on each vesting date, subject to accelerated vesting in certain events, including certain terminations of the reporting person or upon certain changes of control of the issuer.

Remarks:

CEO and President