4//SEC Filing
Wahl Bryan 4
Accession 0001819790-24-000046
CIK 0001819790other
Filed
Mar 18, 8:00 PM ET
Accepted
Mar 19, 7:05 PM ET
Size
11.3 KB
Accession
0001819790-24-000046
Insider Transaction Report
Form 4
Wahl Bryan
General Counsel
Transactions
- Exercise/Conversion
Common Stock
2024-03-15+12,038→ 45,387 total - Sale
Common Stock
2024-03-18$30.60/sh−4,436$135,742→ 40,951 total - Exercise/Conversion
Restricted Stock Units
2024-03-15−7,248→ 21,745 total→ Common Stock (7,248 underlying) - Exercise/Conversion
Restricted Stock Units
2024-03-15−4,790→ 9,580 total→ Common Stock (4,790 underlying)
Footnotes (6)
- [F1]The shares were issued pursuant to settlement of vested Restricted Stock Units ("RSUs").
- [F2]Includes 1,383 shares acquired under the Issuer's Employee Stock Purchase Plan on December 31, 2023.
- [F3]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 Issuer's election to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary transaction by the Reporting Person.
- [F4]Each RSU represents a contingent right to receive one share of the Issuer's common stock.
- [F5]RSUs granted on March 9, 2022, under the Tarsus Pharmaceuticals, Inc. 2020 Stock Plan. 25% of the RSUs will vest on March 15th of each of 2023, 2024, 2025, and 2026, subject to the Reporting Person's continuous service.
- [F6]RSUs granted on March 8, 2023, under the Tarsus Pharmaceuticals, Inc. 2020 Stock Plan. 25% of the RSUs will vest on March 15th of each of 2024, 2025, 2026 and 2027, subject to the Reporting Person's continuous service.
Documents
Issuer
Tarsus Pharmaceuticals, Inc.
CIK 0001819790
Entity typeother
Related Parties
1- filerCIK 0001841401
Filing Metadata
- Form type
- 4
- Filed
- Mar 18, 8:00 PM ET
- Accepted
- Mar 19, 7:05 PM ET
- Size
- 11.3 KB