4//SEC Filing
Leonard Keith R 4
Accession 0002065881-25-000026
CIK 0001787306other
Filed
Jun 15, 8:00 PM ET
Accepted
Jun 16, 8:17 PM ET
Size
365.9 KB
Accession
0002065881-25-000026
Insider Transaction Report
Form 4
Leonard Keith R
Director
Transactions
- Award
Common Stock
2025-06-12+7,609→ 26,435 total - Award
Stock Option (right to buy)
2025-06-12+20,568→ 20,568 totalExercise: $13.50Exp: 2035-06-12→ Common Stock (20,568 underlying)
Holdings
- 1,750(indirect: By Trust)
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 2025 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, which shall occur on the earlier of the first anniversary of the grant date, June 12, 2025, or immediately before the next annual meeting of stockholders, subject to the continued service through the vesting date. Upon vesting of the RSUs, the settlement has been deferred by the Reporting Person, pursuant to the terms of the RSU Deferral Election Form adopted on October 23, 2024, maintained by the Company.
- [F2]Shares held by Leonard Family Trust dated August 28, 1996, of which the Reporting Person is a trustee. The Reporting Person disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of such securities for purposes of Section 16 or for any other purposes.
- [F3]The underlying shares subject to the option vest and become exercisable as to 100% on the earlier of the first anniversary of the grant date, June 12, 2025, or immediately before the next annual meeting of stockholders, subject to the continued service through the vesting date.
Issuer
Arcutis Biotherapeutics, Inc.
CIK 0001787306
Entity typeother
Related Parties
1- filerCIK 0001416180
Filing Metadata
- Form type
- 4
- Filed
- Jun 15, 8:00 PM ET
- Accepted
- Jun 16, 8:17 PM ET
- Size
- 365.9 KB