Eiry Roberts - 13 Feb 2024 Form 4 Insider Report for NEUROCRINE BIOSCIENCES INC (NBIX)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
15 Feb 2024, 17:51:27 UTC
Prior SEC filing
08 Feb 2024
Next SEC filing
07 Jun 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Darin Lippoldt, Attorney-in-Fact

Key filing fact

Eiry Roberts filed Form 4 for NEUROCRINE BIOSCIENCES INC (NBIX) on 15 Feb 2024.

Key facts

  • This page summarizes Eiry Roberts's Form 4 filing for NEUROCRINE BIOSCIENCES INC (NBIX).
  • 3 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 15 Feb 2024, 17:51.

Change

  • Previous filing in this sequence was filed on 08 Feb 2024.
  • Current net transaction value: -$148,122.

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.

NBIX transaction

Common Stock

Sale

Transaction value
$148,122
Shares
-1,114
Change %
-4.5%
Price
$132.96
Shares after
23,716
Date
13 Feb 2024
Ownership
Direct
Footnotes
F1, F2, F3

Reported derivative securities

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

NBIX transaction Derivative

Stock Option

Award

Transaction value
$0
Shares
+22,529
Change %
Price
$0.000000
Shares after
22,529
Date
13 Feb 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
22,529
Exercise price
$133.84
Footnotes
F4
NBIX transaction Derivative

Restricted Stock Unit

Award

Transaction value
$0
Shares
+4,483
Change %
Price
$0.000000
Shares after
4,483
Date
13 Feb 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
4,483
Exercise price
Footnotes
F5, F6
* 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 6 footnotes

Footnote F1

Sale of 1,114 shares of common stock issued upon vesting of 2,113 restricted stock units on February 13, 2024 to cover payroll and withholding taxes, with the balance of the shares (999) maintained by the Reporting Person; the disposition reported in this Form 4 was effected by a broker pursuant to instructions set forth in a Rule 10b5-1 trading plan adopted by the Reporting Person on March 15, 2023. Additionally, Issuer policy restricts the Reporting Person from amending or otherwise modifying any 10b5-1 trading plan subsequent to adoption of the plan.

Footnote F2

Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $129.96 to $134.87. The Reporting Person has provided to the issuer, and will provide to any security holder of the issuer or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.

Footnote F3

18,336 of the outstanding shares are held by The Stephen Taylor and Eiry W. Roberts Joint Trust Agreement, of which Dr. Roberts has voting and investment power.

Footnote F4

Represents option of which 1/48th of the shares underlying the option becomes vested and exercisable on March 13, 2024 and an additional 1/48th of the shares underlying the option becomes vested and exercisable each month thereafter.

Footnote F5

Each Restricted Stock Unit represents a contingent right to receive one share of the Issuer Common Stock.

Footnote F6

The Restricted Stock Units will vest annually at 1/4 of the units vesting on each of February 13, 2025, February 13, 2026, February 13, 2027, and February 13, 2028.

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