Adelene Q. Perkins - 08 Sep 2023 Form 4 Insider Report for INFINITY PHARMACEUTICALS, INC.

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
12 Sep 2023, 18:20:24 UTC
Prior SEC filing
09 Jan 2023
Next SEC filing
09 Jan 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Adelene Q. Perkins

Key filing fact

Adelene Q. Perkins filed Form 4 for INFINITY PHARMACEUTICALS, INC. on 12 Sep 2023.

Key facts

  • This page summarizes Adelene Q. Perkins's Form 4 filing for INFINITY PHARMACEUTICALS, INC..
  • 3 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 12 Sep 2023, 18:20.

Change

  • Previous filing in this sequence was filed on 09 Jan 2023.
  • Current net transaction value: -$28,714.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

INFI transaction

Common Stock

Options Exercise

Transaction value
Shares
+768,133
Change %
+94%
Price
Shares after
1,585,487
Date
09 Sep 2023
Ownership
Direct
Footnotes
F1
INFI transaction

Common Stock

Sale

Transaction value
$28,714
Shares
-410,196
Change %
-26%
Price
$0.0700
Shares after
1,175,291
Date
12 Sep 2023
Ownership
Direct
Footnotes
F2
INFI holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
16,447
Date
08 Sep 2023
Ownership
401(K)

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

INFI transaction Derivative

Restricted Stock Unit

Options Exercise

Transaction value
$0
Shares
-768,133
Change %
-100%
Price
$0.000000*
Shares after
0
Date
09 Sep 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
768,133
Exercise price
Footnotes
F1, F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Rule 10b5-1 trading plan

These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.

Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).

Explanation of responses 3 footnotes

Footnote F1

Restricted stock units ("RSUs") convert into Common Stock of the issuer on a one-for-one basis. This transaction represents the settlement of RSUs in shares of Common Stock on their vesting date.

Footnote F2

Pursuant to a binding contract entered into between the issuer and the reporting person on August 15, 2022, this represents the shares automatically sold by the reporting person to satisfy tax withholding obligations in connection with the vesting of the RSUs listed in Table II. Such binding contract is intended to be consistent with the affirmative action defense to liability under Section 10(b) of the Securities Exchange Act of 1934 under Rule 10b5-1(c) promulgated under such Act. This sale does not represent a discretionary trade by the reporting person.

Footnote F3

On August 11, 2022, the reporting person was granted RSUs, of which all 768,133 vested as of September 9, 2023.

We use cookies and similar technologies to provide certain features, enhance the user experience and, if you allow them, measure engagement and deliver advertising. Analytics and marketing storage stay off until you grant consent. By clicking on "Agree and continue", you declare your consent to the use of the selected optional cookies. Manage preferences to update or revoke optional consent for future visits. For more information, see our Privacy Policy .