Daniel R. Chevallard - 25 Feb 2024 Form 4 Insider Report for Viracta Therapeutics, Inc. (VIRX)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
27 Feb 2024, 19:54:13 UTC
Prior SEC filing
28 Nov 2023
Next SEC filing
13 Mar 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Daniel Chevallard

Key filing fact

Daniel R. Chevallard filed Form 4 for Viracta Therapeutics, Inc. (VIRX) on 27 Feb 2024.

Key facts

  • This page summarizes Daniel R. Chevallard's Form 4 filing for Viracta Therapeutics, Inc. (VIRX).
  • 3 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 27 Feb 2024, 19:54.

Change

  • Previous filing in this sequence was filed on 28 Nov 2023.
  • Current net transaction value: -$2,493.

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.

VIRX transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+6,889
Change %
+7%
Price
$0.000000
Shares after
105,711
Date
25 Feb 2024
Ownership
Direct
Footnotes
F1
VIRX transaction

Common Stock

Sale

Transaction value
$2,493
Shares
-3,405
Change %
-3.2%
Price
$0.7322
Shares after
102,306
Date
27 Feb 2024
Ownership
Direct
Footnotes
F2, F3

Reported derivative securities

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

VIRX transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-6,889
Change %
-17%
Price
$0.000000
Shares after
34,444
Date
25 Feb 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
6,889
Exercise price
Footnotes
F1, F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

Each restricted stock unit ("RSU") represents a contingent right to receive one share of Viracta Therapeutics, Inc. Common Stock.

Footnote F2

The sale reported on this Form 4 represents shares sold by the reporting person to cover tax withholding obligations in connection with the vesting and settlement of RSUs. The sale is mandated by the reporting person's award agreement to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction.

Footnote F3

Represents the weighted average share price of an aggregate total of 3,405 shares sold in the price range of $0.7316 to $0.7411 by the reporting person. The reporting person 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 F4

One-eighth (1/8th ) of the RSU Award will vest on November 25, 2021 (the "First Vesting Date"), and one-sixteenth (1/16th ) of the RSU Award will vest each Quarterly Vesting Date (as defined below) after the First Vesting Date, in each case subject to the reporting person continuing to be a Service Provider (as defined in the Viracta Subsidiary, Inc. 2016 Equity Incentive Plan, the "Plan") through the applicable vesting date. For the purposes of the foregoing, "Quarterly Vesting Date" means February 25, May 25, August 25, and November 25 of each year.

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