Corcoran Andrea 4
4 · Atea Pharmaceuticals, Inc. · Filed Feb 2, 2024
Insider Transaction Report
Form 4
Corcoran Andrea
See Remarks
Transactions
- Sale
Common Stock
2024-02-01$3.84/sh−15,843$60,915→ 670,208 total - Award
Stock Option (Right to Buy)
2024-01-31+200,000→ 200,000 totalExercise: $4.16Exp: 2034-01-30→ Common Stock (200,000 underlying) - Exercise/Conversion
Common Stock
2024-01-31+44,367→ 686,051 total - Exercise/Conversion
Restricted Stock Units
2024-01-31−44,367→ 88,733 total→ Common Stock (44,367 underlying)
Footnotes (5)
- [F1]Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock.
- [F2]Includes 8,680 additional shares acquired under the Atea Pharmaceuticals, Inc. 2020 Employee Stock Purchase Plan.
- [F3]Shares were sold solely to cover taxes upon the vesting of restricted stock units pursuant to a standing Rule 10b5-1 instruction dated March 14, 2022.
- [F4]The original grant of 133,100 RSUs vested or will vest in three (3) equal annual installments on the first three anniversaries of January 31, 2023 such that the RSUs are fully vested on January 31, 2026.
- [F5]The option vests and becomes exercisable in forty-eight (48) equal monthly installments following January 31, 2024 such that the option is fully vested on January 31, 2028.