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Vir Biotechnology, Inc. — Director's Dealing 2023
Jan 26, 2023
32538_dirs_2023-01-25_5362cd75-8af9-4cff-ab77-defecda91494.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Vir Biotechnology, Inc. (VIR)
CIK: 0001706431
Period of Report: 2023-01-24
Reporting Person: Pang Phillip (Chief Medical Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-01-24 | Common Stock | A | 25406 | $1.575 | Acquired | 169406 | Direct |
| 2023-01-24 | Common Stock | A | 4594 | $5.175 | Acquired | 174000 | Direct |
| 2023-01-24 | Common Stock | S | 30000 | $30.0019 | Disposed | 144000 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-01-24 | Stock Option (Right to Buy) | $1.575 | M | 25406 | Disposed | 2028-07-19 | Common Stock (25406) | Direct |
| 2023-01-24 | Stock Option (Right to Buy) | $5.175 | M | 4594 | Disposed | 2029-03-11 | Common Stock (4594) | Direct |
Footnotes
F1: The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on April 28, 2022.
F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $30.00 to $30.04, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
F3: 1/4 of the shares subject to the stock option vested and became exercisable on July 19, 2019, and the remaining shares vest in 36 equal monthly installments thereafter.
F4: 1/4 of the shares subject to the stock option vested and became exercisable on March 11, 2020, and the remaining shares vest in 36 equal monthly installments thereafter.