Nuvalent, Inc. — Director's Dealing 2023

Dec 20, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Nuvalent, Inc. (NUVL)
CIK: 0001861560
Period of Report: 2023-12-18

Reporting Person: Miller Deborah Ann (Chief Legal Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-12-18	Class A Common Stock	M	33046	$27.85	Acquired	33046	Direct
2023-12-18	Class A Common Stock	S	33046	$75.82	Disposed	0	Direct
2023-12-19	Class A Common Stock	M	5000	$18.93	Acquired	5000	Direct
2023-12-19	Class A Common Stock	S	5000	$75.00	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-12-18	Stock Option (Right to Buy)	$27.85	M	33046	Disposed	2033-01-06	Class A Common Stock (33046)	Direct
2023-12-19	Stock Option (Right to Buy)	$18.93	M	5000	Disposed	2032-01-04	Class A Common Stock (5000)	Direct

Footnotes

F1: The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $75.40 to $76.36, inclusive. The reporting person undertakes to provide to the staff of the Securities and Exchange Commission, Nuvalent, Inc. or any security holder of Nuvalent, Inc., upon request, full information regarding the number of shares sold at each separate price.

F2: The shares underlying this option have vested or shall vest over the next four years following January 6, 2023 in equal monthly installments, subject to continued service to Nuvalent, Inc. through the applicable vesting date.

F3: The shares underlying this option vest as follows: 25% of the shares vested on January 4, 2023, and the remainder have vested or shall vest over the next three years thereafter in equal monthly installments, subject to continued service to Nuvalent, Inc. through the applicable vesting date.