Lanfear Dennis M 4
4 · Coherus BioSciences, Inc. · Filed Nov 24, 2023
Insider Transaction Report
Form 4
Lanfear Dennis M
DirectorPresident & CEO
Transactions
- Exercise/Conversion
Common Stock
2023-11-22$1.42/sh+258,940$366,918→ 954,793 total - Exercise/Conversion
Stock Option (Right to Buy)
2023-11-22−299,940→ 0 totalExercise: $1.42Exp: 2023-11-22→ Common Stock (299,940 underlying) - Exercise/Conversion
Common Stock
2023-11-22$1.42/sh+41,000$58,097→ 695,853 total - Sale
Common Stock
2023-11-22$2.02/sh−223,100$449,770→ 731,693 total
Holdings
- 86,965(indirect: By LLC)
Common Stock
- 432,684(indirect: By Trust)
Common Stock
Footnotes (6)
- [F1]For part of the stock option, this represents a cash exercise-and-hold transaction where cash was paid by the Reporting Person for the exercise price and anticipated taxes.
- [F2]For the remaining part of the stock option, this represents a cashless exercise-and-hold transaction where only enough shares were sold to cover the exercise price, anticipated taxes and broker's fee, and the remaining shares were held by the Reporting Person.
- [F3]This transaction was executed in multiple trades at prices ranging from $2.000 to $2.055. The price reported above reflects the weighted average price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- [F4]These shares are held by the Lanfear Revocable Trust, dated January 27, 2004, as restated, of which Reporting Person is a trustee.
- [F5]These shares are held by Lanfear Capital Advisors, LLC of which Reporting Person is President.
- [F6]The underlying shares subject to the option vested and became exercisable in successive, equal monthly installments over four years measured from July 20, 2013.