Ted Yednock - 15 Oct 2024 Form 4 Insider Report for Annexon, Inc. (ANNX)

Signature
/s/ Jennifer Lew, Attorney-in-Fact
Issuer symbol
ANNX
Transactions as of
15 Oct 2024
Transactions value $
-$30,068
Form type
4
Filing time
17 Oct 2024, 17:09:07 UTC
Previous filing
20 Sep 2024
Next filing
18 Feb 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ANNX Common Stock Options Exercise $10,005 +5,408 +7.58% $1.85 76,773 15 Oct 2024 Direct
transaction ANNX Common Stock Sale -$40,073 -5,408 -7.04% $7.41 71,365 15 Oct 2024 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 ANNX Stock Option (Right to Buy) Options Exercise $0 -5,408 -15% $0 30,646 15 Oct 2024 Common Stock 5,408 $1.85 Direct F2
* 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).

Explanation of Responses:

Id Content
F1 The transactions reported herein were effected pursuant to the Reporting Person's Rule 10b5-1 trading plan, adopted April 12, 2024.
F2 The shares subject to the option are fully vested and exercisable.