Leonard Keith R 4
4 · Arcutis Biotherapeutics, Inc. · Filed Jun 18, 2024
Insider Transaction Report
Form 4
Leonard Keith R
Director
Transactions
- Award
Common Stock
2024-06-14+10,139→ 18,826 total - Award
Stock Option (right to buy)
2024-06-14+27,052→ 27,052 totalExercise: $8.63Exp: 2034-06-14→ Common Stock (27,052 underlying)
Holdings
- 1,750(indirect: See Footnote)
Common Stock
Footnotes (3)
- [F1]Represents Restricted Stock Units {"RSUs") granted in connection with the Reporting Person's service as a non-employee director as of the Company's 2024 annual meeting of stockholders. The Reporting Person is entitled to receive one (1) share of common stock for each one (1) RSU upon the vesting thereof. The RSUs vest in full on the one-year anniversary of the date of grant, subject to the non-employee director's continuous service.
- [F2]Shares held by Leonard Family Trust dated August 28, 1996, of which the Reporting Person is a trustee.
- [F3]The underlying shares subject to the option vest and become exercisable as to 100% on the first anniversary of June 14, 2024, subject to the non-employee director's continuous service.