Cedric Francois - 17 Jan 2025 Form 4 Insider Report for Apellis Pharmaceuticals, Inc. (APLS)

Role: Chief Executive Officer, Director
Signature: /s/ David Watson, attorney-in-fact for Cedric Francois
Issuer symbol: APLS
Transactions as of: 17 Jan 2025
Net transactions value: -$179,959
Form type: 4
Filing time: 21 Jan 2025, 16:04:12 UTC
Previous filing: 14 Jan 2025
Next filing: 23 Jan 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	APLS	Common Stock	Sale	$179,959	-6,007	-2%	$29.96	301,408	17 Jan 2025	Direct	F1
transaction	APLS	Common Stock	Award	$0	+130,662	+43%	$0.000000	432,070	21 Jan 2025	Direct	F2
holding	APLS	Common Stock						532,946	17 Jan 2025	Indirect Owner (The Cedric Francois Irrevocable Trust of 2023 - 2)	F3
holding	APLS	Common Stock						472,065	17 Jan 2025	Indirect Owner (The Cedric Francois Irrevocable Trust of 2023)	F4
holding	APLS	Common Stock						300,000	17 Jan 2025	Indirect Owner (The Francois Grossi Trust)	F5
holding	APLS	Common Stock						234,411	17 Jan 2025	Indirect Owner (The Francois-DuBois Educational Trust)	F6

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	This represents shares sold to cover tax withholding on the Restricted Stock Units released on January 16, 2025.
F2	This represents a Restricted Stock Unit award granted on January 21, 2025 that vest 25% annually over four years from grant date subject to continued service.
F3	The securities are held by The Cedric Francois Irrevocable Trust of 2023 - 2. William V. A. Zorn is the trustee of The Cedric Francois Irrevocable Trust of 2023 - 2. The reporting person disclaims beneficial ownership over the shares held by The Cedric Francois Irrevocable Trust of 2023 - 2 except to the extent of his pecuniary interest therein.
F4	The securities are held by The Cedric Francois Irrevocable Trust of 2023. William V. A. Zorn is the trustee of The Cedric Francois Irrevocable Trust of 2023. The reporting person disclaims beneficial ownership over the shares held by The Cedric Francois Irrevocable Trust of 2023 except to the extent of his pecuniary interest therein.
F5	The securities are held by The Francois Grossi Trust, for which Juliana Grossi, the spouse of the reporting person, serves as trustee. The reporting person disclaims beneficial ownership over the shares held by the Francois Grossi Trust except to the extent of his pecuniary interest therein.
F6	The securities are held by The Francois-DuBois Educational Trust, for which the Fiduciary Trust Company of New England serves as trustee. The reporting person disclaims beneficial ownership over the shares held by The Francois-DuBois Educational Trust except to the extent of his pecuniary interest therein.