Dennis M. Lanfear - 04 Jan 2024 Form 4 Insider Report for Coherus BioSciences, Inc. (CHRS)

Signature
/s/ Bryan McMichael, as Attorney-in-Fact for Dennis M. Lanfear
Issuer symbol
CHRS
Transactions as of
04 Jan 2024
Net transactions value
-$34,401
Form type
4
Filing time
08 Jan 2024, 19:04:08 UTC
Previous filing
24 Nov 2023
Next filing
23 Jan 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CHRS Common Stock Tax liability $34,401 -11,781 -1.6% $2.92 719,912 04 Jan 2024 Direct F1
holding CHRS Common Stock 432,684 04 Jan 2024 By Trust F2
holding CHRS Common Stock 86,965 04 Jan 2024 By LLC 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 CHRS Stock Option (Right to Buy) Award $0 +575,000 $0.000000 575,000 05 Jan 2024 Common Stock 575,000 $3.14 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares automatically withheld to pay related tax liability in connection with the vesting of restricted stock units in accordance with Rule 16b-3.
F2 These shares are held by the Lanfear Revocable Trust, dated January 27, 2004, as restated, of which Reporting Person is a trustee.
F3 These shares are held by Lanfear Capital Advisors, LLC of which Reporting Person is President.
F4 1/48th of the total number of shares subject to the option shall vest in successive, equal monthly installments measured from January 5, 2024, subject to Reporting Person's continued service relationship with the Issuer on each such vesting date.