James E. Flynn - Jun 18, 2025 Form 4 Insider Report for Nuvalent, Inc. (NUVL)

Signature
/s/ Jonathan Isler, Attorney-in-Fact
Stock symbol
NUVL
Transactions as of
Jun 18, 2025
Transactions value $
$0
Form type
4
Date filed
6/20/2025, 09:08 PM
Previous filing
May 15, 2025
Next filing
Jul 1, 2025

Reporting Owners (2)

Name Relationship Address Signature Signature date CIK
Flynn James E Director, Director by Deputization, 10%+ Owner 345 PARK AVENUE SOUTH, 12TH FLOOR, NEW YORK /s/ Jonathan Isler, Attorney-in-Fact 2025-06-20 0001352546
DEERFIELD MANAGEMENT COMPANY, L.P. (SERIES C) Director, Director by Deputization, 10%+ Owner 345 PARK AVENUE SOUTH, 12TH FLOOR, NEW YORK /s/ Jonathan Isler, Attorney-in-Fact 2025-06-20 0001009258

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NUVL Class A Common Stock Award $0 +2.65K $0.00 2.65K Jun 18, 2025 Through Deerfield Management Company, L.P. F1, F3, F7
transaction NUVL Class A Common Stock Award $0 +2.65K $0.00 2.65K Jun 18, 2025 Through Deerfield Management Company, L.P. F2, F3, F7
holding NUVL Class A Common Stock 5K Jun 18, 2025 Through Deerfield Management Company, L.P. F3, F6, F7
holding NUVL Class A Common Stock 650K Jun 18, 2025 Deerfield Partners, L.P. F3, F7
holding NUVL Class A Common Stock 8.67M Jun 18, 2025 Through Deerfield Private Design Fund IV, L.P. F3, F7
holding NUVL Class A Common Stock 8.67M Jun 18, 2025 Through Deerfield Healthcare Innovations Fund, L.P. F3, F7

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 NUVL Stock Option (Right to Buy) Award $0 +4.15K $0.00 4.15K Jun 18, 2025 Class A Common Stock 4.15K $75.53 Through Deerfield Management Company, L.P. F3, F4, F7
transaction NUVL Stock Option (Right to Buy) Award $0 +4.15K $0.00 4.15K Jun 18, 2025 Class A Common Stock 4.15K $75.53 Through Deerfield Management Company, L.P. F3, F5, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Cameron Wheeler, a partner in Deerfield Management Company, L.P. ("Deerfield Management"), serves as a director of the Issuer. The reported shares of Class A Common Stock are issuable under restricted stock units ("RSUs") granted to Mr. Wheeler, which are held for the benefit, and at the direction, of Deerfield Management. Each RSU represents the right to receive one share of the Issuer's Class A Common Stock. The RSUs vest in full on the earlier of June 18, 2026 or the date of the Issuer's next annual meeting of stockholders, subject to Mr. Wheeler's continued service to the Issuer through the applicable vesting date.
F2 Joseph Pearlberg, an employee of Deerfield Management, serves as a director of the Issuer. The reported shares of Class A Common Stock are issuable under restricted stock units ("RSUs") granted to Mr. Pearlberg, which are held for the benefit, and at the direction, of Deerfield Management. Each RSU represents the right to receive one share of the Issuer's Class A Common Stock. The RSUs vest in full on the earlier of June 18, 2026 or the date of the Issuer's next annual meeting of stockholders, subject to Mr. Pearlberg's continued service to the Issuer through the applicable vesting date.
F3 This Form 4 is being filed by the undersigned as well as the entity listed on the Joint Filer Information Statement attached as an exhibit hereto (the "Reporting Persons"). Deerfield Mgmt, L.P. is the general partner of Deerfield Partners, L.P. ("Deerfield Partners"). Deerfield Mgmt IV, L.P. is the general partner of Deerfield Private Design Fund IV, L.P. ("Fund IV"). Deerfield Mgmt HIF, L.P. is the general partner of Deerfield Healthcare Innovations Fund, L.P. (collectively with Deerfield Partners and Fund IV, the "Funds"). Deerfield Management Company, L.P. is the investment manager of the Funds. James E. Flynn is the sole member of the general partner of each of Deerfield Mgmt, L.P., Deerfield Mgmt IV, L.P., Deerfield Mgmt HIF, L.P. and Deerfield Management Company, L.P.
F4 The option was granted to Mr. Wheeler on June 18, 2025 and is scheduled to vest and become exercisable on the earlier of June 18, 2026 and the date of the Issuer's next annual meeting of stockholders, subject to Mr. Wheeler's continued service to the Issuer through the applicable vesting date. Such Option is held for the benefit, and at the direction, or Deerfield Management.
F5 The option was granted to Mr. Pearlberg on June 18, 2025 and is scheduled to vest and become exercisable on the earlier of June 18, 2026 and the date of the Issuer's next annual meeting of stockholders, subject to Mr. Pearlberg's continued service to the Issuer through the applicable vesting date. Such Option is held for the benefit, and at the direction, or Deerfield Management.
F6 Represents shares underlying fully vested restricted stock units originally issued to Messrs. Wheeler and Pearlberg, which shares are held for the benefit, and at the direction, of Deerfield Management.
F7 For purposes of Section 16 of the Securities Exchange Act of 1934, as amended, each Reporting Person disclaims beneficial ownership of any such securities, except to the extent of his/its indirect pecuniary interest therein, if any, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of such securities for purposes of Section 16 or otherwise.

Remarks:

Each of Cameron Wheeler, who is a partner in Deerfield Management, and Joseph Pearlberg, who is an employee of Deerfield Management, serves as a director of the Issuer. Jonathan Isler, Attorney-in-Fact: Power of Attorney, which is hereby incorporated by reference to Exhibit 24 to a Form 3 with regard to BiomX Inc. filed with the Securities and Exchange Commission on March 19, 2024 by Deerfield Private Design Fund V, L.P., Deerfield Healthcare Innovations Fund II, L.P., Deerfield Mgmt V, L.P., Deerfield Mgmt HIF II, L.P., Deerfield Management Company, L.P. and James E. Flynn.