Cheng Andrew's Form 4 filing
Akero Therapeutics, Inc. (AKRO) · filed May 3, 2023
- Accession no.
- 0000899243-23-012167
- Filed
- May 3, 2023
- Trade date
- Apr 18-May 1, 2023
- Filing delay
- 15 daysLate
- Rule 10b5-1 plan
- Checked
This filing lists 4 non-derivative transactions and 2 derivative transactions. Open-market sales total $1.13M. It was filed 15 days after the trade, past the 2-business-day deadline.
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.
| Owner | Relationship to the company |
|---|---|
| Cheng AndrewCIK 0001778307 | Director, Officer (President & CEO) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Apr 18, 2023 | Common Stock | MOption exerciseAcquired | +40,000 | $0.62 | +$24,800 | 409,293 | Direct | |
| May 1, 2023 | Common Stock | MOption exerciseAcquired | +25,000 | $0.62 | +$15,500 | 434,293 | Direct | |
| May 1, 2023 | Common Stock | SSaleDisposed | −21,523 | $45.00F2 | −$968,535 | 412,770 | Direct | |
| May 1, 2023 | Common Stock | SSaleDisposed | −3,477 | $45.50F3 | −$158,203.5 | 409,293 | Direct |
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.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Apr 18, 2023 | Common Stock | MOption exerciseDisposed | −40,000 | $0.00 | $0 | 157,212 | Direct | |
| May 1, 2023 | Common Stock | MOption exerciseDisposed | −25,000 | $0.00 | $0 | 85,868 | Direct |
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 $44.41 to $45.40, 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 footnotes (2) and (3) to this Form 4.
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 $45.41 to $45.73, inclusive.
Referenced by the price of 1 transaction in Table I.