Jayaraman Vivek K 4
4 · CERUS CORP · Filed Mar 14, 2024
Insider Transaction Report
Form 4
CERUS CORPCERS
Jayaraman Vivek K
Chief Operating Officer
Transactions
- Exercise/Conversion
Common Stock
2024-03-12+25,000→ 931,694 total - Exercise/Conversion
Restricted Stock Unit
2024-03-12−25,000→ 0 total→ Common Stock (25,000 underlying) - Sale
Common Stock
2024-03-13$2.06/sh−26,247$53,990→ 905,447 total - Sale
Common Stock
2024-03-14$1.97/sh−26,794$52,902→ 878,653 total
Footnotes (6)
- [F1]Each restricted stock unit represents a contingent right to receive one (1) share of Cerus Common Stock.
- [F2]Represents shares sold pursuant to an instruction intended to comply with the requirements of Rule 10b5-1 that was elected by the Reporting Person on the date of grant to cover statutory tax withholding obligations and corresponding brokerage fee in connection with the vesting of certain restricted stock units and does not represent a discretionary sale by the reporting person.
- [F3]The reported price in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.025 to $2.10 per share, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the aforementioned range set forth.
- [F4]The reported price in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.935 to $2.04 per share, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the aforementioned range set forth.
- [F5]The restricted stock unit vests in three equal annual installments beginning on March 12, 2022.
- [F6]Not applicable.