Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | RVMD | Common Stock | Sale | -$211K | -8.17K | -2.12% | $25.90 | 376K | Dec 18, 2023 | Direct | F1, F2, F3, F4 |
holding | RVMD | Common Stock | 35.4K | Dec 18, 2023 | Trust | F5 | |||||
holding | RVMD | Common Stock | 35.4K | Dec 18, 2023 | Trust | F6 | |||||
holding | RVMD | Common Stock | 328K | Dec 18, 2023 | Trust | F7 |
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).
Id | Content |
---|---|
F1 | Transaction made pursuant to a Rule 10b5-1 instruction letter adopted on May 31, 2023 to satisfy the Reporting Person's tax withholding obligation upon the vesting of restricted stock units ("RSUs") after July 15, 2023. |
F2 | Pursuant to an automatic sell-to-cover imposed by the terms of the RSUs award, the shares were sold following the vesting of the RSUs solely to cover applicable withholding taxes. |
F3 | This transaction was executed in multiple trades in prices ranging from $25.8996 to $25.92, inclusive. The price reported in Column 4 above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote. |
F4 | Includes 158,000 RSUs. |
F5 | Held by Jonathan Henry Goldsmith Trust under the Goldsmith Children's 2011 Irrevocable Education Trust, dated December 15, 2011. |
F6 | Held by Rebecca Eve Goldsmith Trust under the Goldsmith Children's 2011 Irrevocable Education Trust, dated December 15, 2011. |
F7 | Held by Mark A. Goldsmith and Anne E. Midler 2002 Revocable Living Trust. |
President and Chief Executive Officer