Troy A. Ignelzi - Dec 21, 2021 Form 4 Insider Report for Karuna Therapeutics, Inc. (KRTX)

Signature
/s/ Troy Ignelzi
Stock symbol
KRTX
Transactions as of
Dec 21, 2021
Transactions value $
$64,124
Form type
4
Date filed
12/22/2021, 03:42 PM
Previous filing
Nov 10, 2021
Next filing
Jan 6, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KRTX Common Stock Options Exercise $54K +5.87K +32.61% $9.20* 23.9K Dec 21, 2021 Direct
transaction KRTX Common Stock Options Exercise $10.1K +1.1K +4.61% $9.20* 25K Dec 21, 2021 Direct

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 KRTX Option (right to buy) Options Exercise $0 -5.87K -3.53% $0.00 160K Dec 21, 2021 Common Stock 5.87K $9.20 Direct F1
transaction KRTX Option (right to buy) Options Exercise $0 -1.1K -10.98% $0.00 8.93K Dec 21, 2021 Common Stock 1.1K $9.20 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This option vested and became exercisable as to 1/4th of the shares underlying the option award on March 1, 2020, and continues to vest as to an additional 1/8th of the shares on each six month anniversary thereafter.
F2 This option vests and becomes exercisable in thirty-six equal monthly installments beginning on April 1, 2019.