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Waltermire Robert E.'s Form 4 filing

Madrigal Pharmaceuticals, Inc. (MDGL) · filed Mar 2, 2023

Accession no.
0000899243-23-006751
Filed
Mar 2, 2023
Trade date
Feb 28-Mar 1, 2023
Filing delay
2 days
Rule 10b5-1 plan
Not on the form (before 2023)

This filing lists 8 non-derivative transactions and 2 derivative transactions. Open-market sales total $2.73M. It was filed 2 days after the trade.

Reporting owners

A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.

Reporting owners on this filing
OwnerRelationship to the company
Waltermire Robert E.CIK 0001876996Officer (Senior VP, Chief Pharma Dev.)

Non-derivative securities (Table I)

Acquisitions and disposals of common stock and similar shares, one row per line on the filing.

Non-derivative transactions
Trade dateSecurityTransactionSharesPriceValueShares afterOwnershipFlags
Feb 28, 2023Common StockMOption exerciseAcquired+5,000$87.92+$439,60010,667Direct
Feb 28, 2023Common StockSSaleDisposed−900$271.03F2−$243,9279,767Direct
Feb 28, 2023Common StockSSaleDisposed−4,100$272.30F3−$1,116,4305,667Direct
Mar 1, 2023Common StockMOption exerciseAcquired+5,000$87.92+$439,60010,667Direct
Mar 1, 2023Common StockSSaleDisposed−1,928$273.44F4−$527,192.328,739Direct
Mar 1, 2023Common StockSSaleDisposed−1,672$274.57F5−$459,081.047,067Direct
Mar 1, 2023Common StockSSaleDisposed−1,300$275.53F6−$358,1895,767Direct
Mar 1, 2023Common StockSSaleDisposed−100$276.19−$27,6195,667Direct

Derivative securities (Table II)

Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.

Derivative transactions
Trade dateSecurityTransactionUnderlying sharesUnit priceValueHeld afterOwnershipFlags
Feb 28, 2023Common StockMOption exerciseDisposed−5,000$0.00$030,000Direct
Mar 1, 2023Common StockMOption exerciseDisposed−5,000$0.00$025,000Direct

Footnotes and remarks

Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.

F2

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $270.58 to $271.47, inclusive. The Reporting Person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote and the footnotes below.

Referenced by the price of 1 transaction in Table I.

F3

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $271.82 to $272.77, inclusive.

Referenced by the price of 1 transaction in Table I.

F4

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $273.00 to $274.00, inclusive.

Referenced by the price of 1 transaction in Table I.

F5

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $274.06 to $274.99, inclusive.

Referenced by the price of 1 transaction in Table I.

F6

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $275.18 to $276.18, inclusive.

Referenced by the price of 1 transaction in Table I.

Remarks

As attorney-in-fact for Reporting Person

Read the full filing on SEC EDGAR (opens in a new tab)