Fady Ibraham Malik - Jun 11, 2024 Form 4 Insider Report for CYTOKINETICS INC (CYTK)

Signature
/s/ John O. Faurescu, attorney-in-fact for Dr. Malik
Stock symbol
CYTK
Transactions as of
Jun 11, 2024
Transactions value $
-$369,947
Form type
4
Date filed
6/11/2024, 04:22 PM
Previous filing
May 7, 2024
Next filing
Jun 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CYTK Common Stock Options Exercise $43.2K +5.42K +3.95% $7.96 143K Jun 11, 2024 Direct
transaction CYTK Common Stock Sale -$288K -5.42K -3.8% $53.05 137K Jun 11, 2024 Direct
transaction CYTK Common Stock Sale -$125K -2.37K -1.72% $53.03 135K Jun 11, 2024 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CYTK Non-Qualified Stock Option (Right to Buy) Options Exercise $0 -5.42K -7.3% $0.00 68.9K Jun 11, 2024 Common Stock 5.42K $7.96 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).