Nuvalent, Inc. — Director's Dealing 2024

Aug 27, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Nuvalent, Inc. (NUVL)
CIK: 0001861560
Period of Report: 2024-08-23

Reporting Person: Miller Deborah Ann (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2024-08-23	Class A Common Stock	M	5000	$18.93	Acquired	38300	Direct
2024-08-23	Class A Common Stock	M	6000	$27.85	Acquired	44300	Direct
2024-08-23	Class A Common Stock	S	11000	$85.04	Disposed	33300	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2024-08-23	Stock Option (Right to Buy)	$18.93	M	5000	Disposed	2032-01-04	Class A Common Stock (5000)	Direct
2024-08-23	Stock Option (Right to Buy)	$27.85	M	6000	Disposed	2033-01-06	Class A Common Stock (6000)	Direct

Footnotes

F1: These transactions were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 27, 2023.

F2: The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $85.00 to $85.18, 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.

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 three years thereafter in equal monthly installments, subject to continued service to Nuvalent, Inc. through the applicable vesting date.

F4: The shares underlying this option have vested or shall vest over the four years following January 6, 2023 in equal monthly installments, subject to continued service to Nuvalent, Inc. through the applicable vesting date.