4//SEC Filing
Edwards Larry Todd 4
Accession 0001787306-25-000039
CIK 0001787306other
Filed
Mar 3, 7:00 PM ET
Accepted
Mar 4, 7:43 PM ET
Size
11.1 KB
Accession
0001787306-25-000039
Insider Transaction Report
Form 4
Edwards Larry Todd
See Remarks
Transactions
- Award
Common Stock
2025-02-28+38,000→ 173,555 total - Award
Common Stock
2025-02-28+17,000→ 190,555 total - Award
Stock Option (right to buy)
2025-02-28+99,000→ 99,000 totalExercise: $13.69Exp: 2035-02-28→ Common Stock (99,000 underlying) - Award
Stock Option (right to buy)
2025-02-28+43,000→ 43,000 totalExercise: $13.69Exp: 2035-02-28→ Common Stock (43,000 underlying)
Footnotes (2)
- [F1]Constitute restricted stock units ("RSUs") for which the Reporting Person is entitled to receive one (1) share of common stock for each one (1) RSU upon vesting, in which 25% of the RSUs vest annually on March 1, (the "Vesting Commencement Date"), of each year beginning March 1, 2026, subject to the Reporting Person's continued service to the Issuer.
- [F2]1/48th of the shares subject to the option vest on each monthly anniversary measured from March 1, 2025 (the "Vesting Commencement Date"), such that 100% of the shares subject to the option will be fully vested and exercisable on the fourth anniversary of the Vesting Commencement Date, subject to the Reporting Person's continued service to the Issuer.
Documents
Issuer
Arcutis Biotherapeutics, Inc.
CIK 0001787306
Entity typeother
Related Parties
1- filerCIK 0001994805
Filing Metadata
- Form type
- 4
- Filed
- Mar 3, 7:00 PM ET
- Accepted
- Mar 4, 7:43 PM ET
- Size
- 11.1 KB