Nuvalent, Inc. — Director's Dealing 2023

Oct 6, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Nuvalent, Inc. (NUVL)
CIK: 0001861560
Period of Report: 2023-10-04

Reporting Person: Noci Darlene (Chief Development Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-10-04	Class A Common Stock	M	4587	$1.08	Acquired	4587	Direct
2023-10-04	Class A Common Stock	M	15413	$6.89	Acquired	20000	Direct
2023-10-04	Class A Common Stock	S	14600	$55.41	Disposed	5400	Direct
2023-10-04	Class A Common Stock	S	5400	$57.54	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-10-04	Stock Option (Right to Buy)	$1.08	M	4587	Disposed	2031-02-15	Class A Common Stock (4587)	Direct
2023-10-04	Stock Option (Right to Buy)	$6.89	M	15413	Disposed	2031-04-29	Class A Common Stock (15413)	Direct

Footnotes

F1: These transactions were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 2, 2022.

F2: The shares underlying this option vest as follows: 25% of the shares vested on January 11, 2022, 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.

F3: The shares underlying this option vest as follows: 25% of the shares vested on April 29, 2022, 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.