| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | SRRK | Common Stock | Sale | $152,288 | -4,135 | -3.1% | $36.83 | 131,286 | 18 Feb 2025 | Direct | F1, F2 |
| transaction | SRRK | Common Stock | Options Exercise | $81,735 | +16,818 | +13% | $4.86 | 148,104 | 19 Feb 2025 | Direct | F3, F4 |
| transaction | SRRK | Common Stock | Options Exercise | $19,522 | +2,562 | +1.7% | $7.62 | 150,666 | 19 Feb 2025 | Direct | F3, F5 |
| transaction | SRRK | Common Stock | Options Exercise | $112,500 | +11,250 | +7.5% | $10.00 | 161,916 | 19 Feb 2025 | Direct | F3, F6 |
| transaction | SRRK | Common Stock | Options Exercise | $278,428 | +17,678 | +11% | $15.75 | 179,594 | 19 Feb 2025 | Direct | F3, F7 |
| transaction | SRRK | Common Stock | Sale | $1,486,692 | -39,967 | -22% | $37.20 | 139,627 | 19 Feb 2025 | Direct | F3, F8, F9 |
| transaction | SRRK | Common Stock | Sale | $313,289 | -8,341 | -6% | $37.56 | 131,286 | 19 Feb 2025 | Direct | F3, F10, F11 |
| transaction | SRRK | Common Stock | Sale | $762,498 | -20,202 | -15% | $37.74 | 111,084 | 19 Feb 2025 | Direct | F3, F12, F13 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | SRRK | Stock Option (Right to Buy) | Options Exercise | $0 | -16,818 | -75% | $0.000000 | 5,607 | 19 Feb 2025 | Common Stock | 16,818 | $4.86 | Direct | F3, F14 |
| transaction | SRRK | Stock Option (Right to Buy) | Options Exercise | $0 | -2,562 | -50% | $0.000000 | 2,563 | 19 Feb 2025 | Common Stock | 2,562 | $7.62 | Direct | F3, F15 |
| transaction | SRRK | Stock Option (Right to Buy) | Options Exercise | $0 | -11,250 | -31% | $0.000000 | 25,313 | 19 Feb 2025 | Common Stock | 11,250 | $10.00 | Direct | F3, F16 |
| transaction | SRRK | Stock Option (Right to Buy) | Options Exercise | $0 | -17,678 | -19% | $0.000000 | 76,607 | 19 Feb 2025 | Common Stock | 17,678 | $15.75 | Direct | F3, F17 |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
| Id | Content |
|---|---|
| F1 | Represents the number of shares required to be sold by the reporting person to cover the tax withholding obligation in connection with the vesting of restricted stock units ("RSU") on February 15, 2025. This sale is mandated by the Issuer's election under its equity incentive plans to require the reporting person to fund this tax withholding obligation by completing a "sell to cover" transaction with a brokerage firm designated by the Issuer. This sale does not represent a discretionary trade by the reporting person. The shares vested pursuant to awards that were granted on February 13, 2023. Each RSU represents the contingent right to receive upon vesting of the RSU, one share of the Issuer's common stock. The shares subject to these RSU awards vest annually over four years, subject to a continued service relationship with the Issuer on the applicable vesting date. |
| F2 | Consists of 40,461 shares of common stock and 90,825 RSUs. |
| F3 | These transactions were effected by the Reporting Person pursuant to a Rule 10b5-1 trading plan adopted on October 17, 2024. |
| F4 | Consists of 57,279 shares of common stock and 90,825 RSUs. |
| F5 | Consists of 59,841 shares of common stock and 90,825 RSUs. |
| F6 | Consists of 71,091 shares of common stock and 90,825 RSUs. |
| F7 | Consists of 88,769 shares of common stock and 90,825 RSUs. |
| F8 | The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $36.52 to $37.515, inclusive. Full information regarding the number of shares sold at each separate price can be furnished to the SEC staff upon request. |
| F9 | Consists of 48,802 shares of common stock and 90,825 RSUs. |
| F10 | The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $37.52 to $37.6097, inclusive. Full information regarding the number of shares sold at each separate price can be furnished to the SEC staff upon request. |
| F11 | Consists of 40,461 shares of common stock and 90,825 RSUs. |
| F12 | The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $37.61 to $38.2, inclusive. Full information regarding the number of shares sold at each separate price can be furnished to the SEC staff upon request. |
| F13 | Consists of 20,259 shares of common stock and 90,825 RSUs. |
| F14 | 3,738 shares remain unvested under this stock option. The first vesting event occurred on September 16, 2022 and the remainder vest in eleven quarterly installments thereafter; provided the reporting person continues to have a service relationship with the Issuer on such vesting date. |
| F15 | 2,243 shares remain unvested under this stock option. The first vesting event occurred on January 5, 2023 and the remainder vest in fifteen quarterly installments thereafter; provided the reporting person continues to have a service relationship with the Issuer on such vesting date. |
| F16 | 22,500 shares remain unvested under this stock option. The first vesting event occurred on April 1, 2023 and the remainder vest in fifteen quarterly installments thereafter; provided the reporting person continues to have a service relationship with the Issuer on such vesting date. |
| F17 | 70,714 shares remain unvested under this stock option. The first vesting event occurred on April 1, 2024 and the remainder vest in fifteen quarterly installments thereafter; provided the reporting person continues to have a service relationship with the Issuer on such vesting date. |