SEC Form 4 · accession 0001209191-16-097717
Revance Therapeutics, Inc. · RVNC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
L Daniel Browne
Officer — CEO and President · Director
Period of report
Feb 9, 2016
Accepted (ET)
Feb 11, 2016 · 8:15 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001479290
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 9, 2016 | A | 25,000 | $0.00 | A | 243,677 | D | |
| Common StockF2 | holding | — | — | — | 409 | I | See footnote |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F3 | $17.12 | Feb 9, 2016 | A | 175,000 | A | — | Feb 8, 2026 | Common Stock | 175,000 | 175,000 | D |
Explanation of responses
- F1The shares subject to the Restricted Stock Award shall vest in three (3) equal annual installments from March 15, 2016, subject to Mr. Browne's Continuous Service (as defined in the Issuer's 2014 Equity Incentive Plan (the "Plan")) on each vesting date.
- F2These shares are held by the Dan and Brenda Browne Living Trust. Mr. Browne is a Trustee of the Dan and Brenda Browne Living Trust.
- F3The shares subject to the Stock Option Grant shall vest in forty-eight (48) equal monthly installments from February 9, 2016, subject to Mr. Browne's Continuous Service (as defined in the Plan) on each vesting date.