PAUL STRECK - 19 Aug 2024 Form 4 Insider Report for PepGen Inc. (PEPG)

Role
EVP, Head of R&D
Signature
/s/ Mary Beth DeLena, as Attorney-in-Fact
Issuer symbol
PEPG
Transactions as of
19 Aug 2024
Net transactions value
$0
Form type
4
Filing time
20 Aug 2024, 16:28:23 UTC
Previous filing
02 Mar 2023
Next filing
05 Mar 2025
SEC
View on sec.gov

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 PEPG Stock Option (Right to Buy) Award $0 +202,816 $0.000000 202,816 19 Aug 2024 Common Stock 202,816 $9.83 Direct F1, F2
transaction PEPG Stock Option (Right to Buy) Award $0 +40,000 +20% $0.000000 242,816 19 Aug 2024 Common Stock 40,000 $9.83 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The option has been granted pursuant to the PepGen Inc. 2024 Inducement Plan as a material inducement to the reporting person's acceptance of employment with the company in accordance with NASDAQ Listing Rule 5635(c)(4).
F2 This option shall vest as follows: twenty-five percent (25%) on the one-year anniversary of the Grant Date and the remainder vesting in thirty-six (36) equal monthly installments, subject to the option recipient's continued service or employment with the Company on each applicable vesting date.