$ Value
$705K
Shares
78,736
Price
$9
Filed
May 5
Insider
Name
ZACCARDELLI DAVID / Hahn Mark W
Title
President and CEO
CIK
0001627642
Roles
Transaction Details
Transaction Date
2025-05-01
Code
S
Table
Non-Derivative
Ownership
Direct
Equity Swap
No
Shares After
14,390,168
Footnotes
Reported securities are represented by American Depositary Shares ("ADSs"), each of which represents eight (8) Ordinary Shares of the Issuer. | The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 instruction entered into on May 24, 2022 solely with the intent to cover taxes in connection with the vesting of Restricted Share Units. | The price reported represents the sale price of the ADSs divided by eight (8). | Represents an award of performance-based Restricted Share Units ("RSUs") covering American Depositary Shares ("ADSs"), which is presented in terms of the equivalent number of Ordinary Shares underlying the ADSs. Each RSU represents a contingent right to receive one (1) ADS of the Issuer. Each ADS represents eight (8) Ordinary Shares of the Issuer. The RSUs have no expiration date. | The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 plan adopted on January 29, 2025. | The price reported represents a weighted average price of the ADSs divided by eight (8). The securities were sold in multiple transactions at prices ranging from $8.91 to $9.2213 per Ordinary Share, inclusive (or $71.28 to $73.77 per ADS, inclusive). The Reporting Person undertakes to provide to the Issuer, any securityholder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of securities sold at each separate price within the range set forth in this footnote. | Consists of (i) 2,450,000 Ordinary Shares underlying Restricted Share Units, each of which represents a contingent right to receive one (1) Ordinary Share of the Issuer (which are represented by 306,250 ADSs); and (ii) 11,540,168 Ordinary Shares underlying 1,442,521 ADSs. | The RSUs were earned upon the satisfaction of the performance condition in connection with the Issuer's first commercial sale of ensifentrine. Following the satisfaction of the performance condition, the RSUs vest in equal quarterly installments on each of May 1, 2025, August 1, 2025, November 1, 2025, February 1, 2026, May 1, 2026 and August 1, 2026 subject to the Reporting Person's continued service to the Issuer on each vesting date.
Filing Info
ZACCARDELLI DAVID / Hahn Mark W's History
| Date | Ticker | Type | Value |
|---|---|---|---|
| 2026-01-05 | SABS | A | $0 |
| 2025-10-07 | VRNA | D | — |
| 2025-10-07 | VRNA | M | — |
| 2025-10-07 | VRNA | D | — |
| 2025-10-07 | VRNA | M | — |
| 2025-10-07 | VRNA | M | — |
| 2025-10-07 | VRNA | M | — |
| 2025-10-07 | VRNA | A | — |
| 2025-10-07 | VRNA | M | — |
| 2025-08-29 | VRNA | G | $0 |
Other Insiders at VRNA (90d)
No other insider activity at this issuer in the last 90 days.