PAUL STRECK - 03 Mar 2025 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: 03 Mar 2025
Net transactions value: $0
Form type: 4
Filing time: 05 Mar 2025, 17:30:32 UTC
Previous filing: 20 Aug 2024
Next filing: 02 Jun 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PEPG	Common Stock	Award	$0	+19,430		$0.000000	19,430	03 Mar 2025	Direct	F1

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	+87,000		$0.000000	87,000	03 Mar 2025	Common Stock	87,000	$2.81	Direct	F2

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

Explanation of Responses:

Id	Content
F1	.Consists of shares of Common Stock issuable under 19,430 restricted stock units ("RSUs"). Each RSU represents the right to receive one share of Common Stock upon vesting. These RSUs are scheduled to vest in equal annual installments over four years with the first installment vesting on March 3, 2026, subject to the Reporting Person's continued service or employment with the Company on each applicable vesting date.
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 Reporting Person's continued service or employment with the Company on each applicable vesting date.

Content

.Consists of shares of Common Stock issuable under 19,430 restricted stock units ("RSUs"). Each RSU represents the right to receive one share of Common Stock upon vesting. These RSUs are scheduled to vest in equal annual installments over four years with the first installment vesting on March 3, 2026, subject to the Reporting Person's continued service or employment with the Company on each applicable vesting date.

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 Reporting Person's continued service or employment with the Company on each applicable vesting date.