Nurix CLO sells shares, exercises options
Nurix Therapeutics, Inc. Chief Legal Officer Christine Ring reported an open-market sale and an option exercise involving the company’s common stock.
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Rhea-AI Filing Summary
Nurix Therapeutics, Inc. Chief Legal Officer Christine Ring reported an open-market sale and an option exercise involving the company’s common stock. She sold 8,148 shares of common stock at a weighted average price of $16.5995 per share under a pre-arranged Rule 10b5-1 trading plan, with sale prices ranging from $16.35 to $17.10. In a related move, she exercised employee stock options covering 3,422 shares at an exercise price of $1.86 per share, converting them into common stock. Following these transactions, she directly holds 13,579 shares of common stock and 5,221 employee stock options.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (right to buy) | 3,422 | $0.00 | $0.00 |
| Exercise | Common Stock | 3,422 | $1.86 | $6K |
| Sale | Common Stock | 8,148 | $16.5995 | $135K |
Footnotes (3)
- F1. This transaction was effected pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person.
- F2. Represents the weighted average sale price. The lowest price at which shares were sold was $16.35 and the highest price at which shares were sold was $17.10. The Reporting Person undertakes to provide upon request to the staff of the Securities and Exchange Commission, the Issuer or its stockholders, full information regarding the total number of shares sold at each separate price within the range set forth herein.
- F3. The option vested as to 1/4 of the total shares on September 9, 2020, and then 1/48 of the total shares vested monthly thereafter until the option was fully vested on August 9, 2023.
Key Figures
Key Terms
Rule 10b5-1 trading plan regulatory
Employee Stock Option (right to buy) financial
weighted average sale price financial
FAQ
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What insider transactions did Nurix Therapeutics (NRIX) disclose for Christine Ring?
What is Christine Ring’s Nurix Therapeutics (NRIX) stake after the reported transactions?
Were the Nurix Therapeutics (NRIX) insider sales pre-planned under a Rule 10b5-1 plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.