Tracie Oliver - Jan 4, 2024 Form 4 Insider Report for ARROWHEAD PHARMACEUTICALS, INC. (ARWR)

Signature
/s/Tracie Oliver
Stock symbol
ARWR
Transactions as of
Jan 4, 2024
Transactions value $
-$2,508
Form type
4
Date filed
1/8/2024, 05:17 PM
Previous filing
Jul 6, 2023
Next filing
Jul 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ARWR Common Stock Award $0 +75K +121.8% $0.00 137K Jan 4, 2024 Direct F1
transaction ARWR Common Stock Sale -$2.51K -74 -0.05% $33.89 137K Jan 5, 2024 Direct F2, F3, F4
* 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 Represents shares underlying restricted stock units with a grant date 01/04/24, which will vest in four equal annual installments.
F2 Shares were sold pursuant to a 10b5-1 trading plan adopted by the Reporting Person in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.
F3 Partial disposition of RSUs to satisfy tax withholding obligations.
F4 Includes previously reported shares of common stock underlying Restricted Stock Units granted to the Reporting person which are subject to certain vesting conditions.