Rui Avelar - Mar 18, 2025 Form 4 Insider Report for Evolus, Inc. (EOLS)

Role
Officer
Signature
/s/ Jeffrey J. Plumer, as attorney-in-fact for Rui Avelar
Stock symbol
EOLS
Transactions as of
Mar 18, 2025
Transactions value $
-$369,868
Form type
4
Date filed
3/20/2025, 06:27 PM
Previous filing
Mar 11, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EOLS Common Stock Sale -$370K -27.9K -7.15% $13.26 362K Mar 18, 2025 Direct F1, 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 sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person and represent shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of certain Restricted Stock Units.
F2 The shares were sold in multiple trades at prices ranging from $13.174 to $13.256. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.