William J. Sandborn - 31 Aug 2023 Form 4 Insider Report for Ventyx Biosciences, Inc. (VTYX)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
01 Sep 2023, 16:45:47 UTC
Prior SEC filing
08 Aug 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Christopher Krueger, as Attorney-in-Fact

Key filing fact

William J. Sandborn filed Form 4 for Ventyx Biosciences, Inc. (VTYX) on 01 Sep 2023.

Key facts

  • This page summarizes William J. Sandborn's Form 4 filing for Ventyx Biosciences, Inc. (VTYX).
  • 3 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 01 Sep 2023, 16:45.

Change

  • Previous filing in this sequence was filed on 08 Aug 2023.
  • Current net transaction value: -$223,639.

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.

VTYX transaction

Common Stock

Options Exercise

Transaction value
$176,715
Shares
+11,900
Change %
+25%
Price
$14.85
Shares after
60,289
Date
31 Aug 2023
Ownership
Direct
VTYX transaction

Common Stock

Sale

Transaction value
$400,354
Shares
-11,900
Change %
-20%
Price
$33.64
Shares after
48,389
Date
31 Aug 2023
Ownership
Direct
Footnotes
F1, F2
VTYX holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
24,194
Date
31 Aug 2023
Ownership
By Spouse

Reported derivative securities

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

VTYX transaction Derivative

Stock Option (Right to Buy)

Options Exercise

Transaction value
$0
Shares
-11,900
Change %
-1.8%
Price
$0.000000
Shares after
664,300
Date
31 Aug 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
11,900
Exercise price
$14.85
Footnotes
F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 19, 2022.

Footnote F2

Represents the weighted average share price of an aggregate total of 11,900 shares sold in the price range of $33.35 to $34.1159. The reporting owner undertakes to provide upon request by the Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.

Footnote F3

Subject to the Reporting Person continuing to be a Service Provider (as defined in the Issuer's 2021 Equity Incentive Plan) through each applicable date, 25% of the shares subject to the option will vest on the one year anniversary of the Vesting Commencement Date (as defined below), and 1/48th of the shares subject to the option will vest ratably each month thereafter on the same day of the month as the Vesting Commencement Date (and if there is no corresponding day, on the last day of the month). "Vesting Commencement Date" shall mean May 9, 2022.

SEC remarks

President and Chief Medical Officer

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