Stephen Michael Kelsey - Jul 15, 2024 Form 4 Insider Report for Revolution Medicines, Inc. (RVMD)

Signature
/s/ Jack Anders, as Attorney-in-fact for Stephen Michael Kelsey
Stock symbol
RVMD
Transactions as of
Jul 15, 2024
Transactions value $
-$706,348
Form type
4
Date filed
7/17/2024, 04:07 PM
Previous filing
Jun 26, 2024
Next filing
Aug 15, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RVMD Common Stock Options Exercise $68.2K +16.7K +6.19% $4.09* 286K Jul 15, 2024 Direct F1, F2
transaction RVMD Common Stock Sale -$48.4K -1.1K -0.38% $43.99 285K Jul 15, 2024 Direct F1, F2, F3
transaction RVMD Common Stock Sale -$95.6K -2.13K -0.75% $44.94 283K Jul 15, 2024 Direct F1, F2, F4
transaction RVMD Common Stock Sale -$265K -5.76K -2.04% $46.08 277K Jul 15, 2024 Direct F1, F2, F5
transaction RVMD Common Stock Sale -$179K -3.8K -1.37% $47.02 273K Jul 15, 2024 Direct F1, F2, F6
transaction RVMD Common Stock Sale -$186K -3.88K -1.42% $48.06 269K Jul 15, 2024 Direct F1, F2, F7

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 RVMD Stock Option (Right to Buy) Options Exercise $0 -16.7K -18.52% $0.00 73.3K Jul 15, 2024 Common Stock 16.7K $4.09 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 Transaction made pursuant to a 10b5-1 trading plan adopted by the Reporting Person on March 15, 2024.
F2 Includes 95,476 restricted stock units.
F3 The transaction was executed in multiple trades in prices ranging from $43.37 to $44.29, 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 The transaction was executed in multiple trades in prices ranging from $44.40 to $45.38, 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.
F5 The transaction was executed in multiple trades in prices ranging from $45.60 to $46.53, 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.
F6 The transaction was executed in multiple trades in prices ranging from $46.62 to $47.55, 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.
F7 The transaction was executed in multiple trades in prices ranging from $47.62 to $48.47, 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.

Remarks:

President, Research and Development