David Zaccardelli - Nov 1, 2023 Form 4 Insider Report for Verona Pharma plc (VRNA)

Role
President and CEO, Director
Signature
/s/ Claire Poll, Attorney-in-fact for David Zaccardelli
Stock symbol
VRNA
Transactions as of
Nov 1, 2023
Transactions value $
-$1,410,748
Form type
4
Date filed
11/3/2023, 08:09 PM
Previous filing
Oct 24, 2023
Next filing
Feb 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VRNA Ordinary Shares Tax liability -$1.41M -809K -4.69% $1.74 16.4M Nov 1, 2023 Direct F1, F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reported securities are represented by American Depositary Shares ("ADSs"), each of which represents eight (8) Ordinary Shares of the Issuer.
F2 Represents the number of Ordinary Shares withheld to satisfy the tax withholding obligation in connection with the vesting of certain previously reported Restricted Share Units.
F3 The price reported represents the closing price of the Issuer's ADSs on the Nasdaq Stock Market LLC on October 31, 2023 divided by eight (8).
F4 Consists of (i) 4,655,928 Ordinary Shares underlying Restricted Share Units, each of which represents a contingent right to receive one (1) Ordinary Share of the Issuer (which are represented by 581,991 ADSs); and (ii) 11,766,864 Ordinary Shares underlying 1,470,858 ADSs.