NEUROCRINE BIOSCIENCES INC
For the period ended Jun 30, 2024. Filed Aug 1, 2024.
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Jun 30, 2024 · Filed Aug 1, 2024
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Item 5. Other Information
During the period from April 1, 2024, to June 30, 2024, our executive officers and directors adopted or terminated contracts, instructions or written plans for the purchase or sale of our securities as noted below:
| Name and Title | Action | Date | Trading Arrangement | Total Shares Authorized to be Sold*** | Expiration Date |
|---|---|---|---|---|---|
| Rule 10b5-1* · Non-Rule 10b5-1** | |||||
| David Boyer | Adoption | 6/14/2024 | X | 23,327 | 2/15/2025 |
| Chief Corporate Affairs Officer | |||||
| Kevin Gorman, Ph.D. | Adoption | 6/14/2024 | X | 252,427 | 2/04/2026 |
| Chief Executive Officer | |||||
| William Rastetter, Ph.D. | Adoption | 6/14/2024 | X | 30,000 | 5/27/2025 |
| Director | |||||
*Intended to satisfy the affirmative defense of Rule 10b5-1(c)
** Not intended to satisfy the affirmative defense of Rule 10b5-1(c)
***Represents the maximum number of shares that may be sold pursuant to the 10b5-1 arrangement. The number of shares sold is dependent on the satisfaction of certain conditions as set forth in the written plan and the satisfaction of applicable vesting conditions of equity awards.
In addition, our executive officers have entered into sell-to-cover arrangements adopted pursuant to Rule 10b5-1 authorizing the pre-arranged sale of shares to satisfy tax withholding obligations of the Company arising exclusively from the vesting of time-vesting or performance-vesting restricted stock units and the related issuance of shares. The amount of shares to be sold to satisfy the Company’s tax withholding obligations under these arrangements is dependent on future events which cannot be known at this time, including the future trading price of Company shares. The expiration date relating to these arrangements is dependent on future events which cannot be known at this time, including the final vest date of the applicable time-vesting or performance-vesting restricted stock units and the officer’s termination of service.
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