SEC Form 4 · accession 0001209191-17-050347
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
Aug 23, 2017
Accepted (ET)
Aug 25, 2017 · 7:41 pm EDT
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 Stock | Aug 23, 2017 | M | 331 | $2.55 | A | 178,850 | D | |
| Common StockF2 | Aug 23, 2017 | S | 22,800 | $22.7645 | D | 156,050 | D | |
| Common StockF3 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F4 | $2.55 | Aug 23, 2017 | M | 331 | D | — | Jul 20, 2020 | Common Stock | 331 | 10,990 | D |
Explanation of responses
- F1The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan previously adopted by Mr. Browne.
- F2The price reported in Table I, Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $22.50 to $23.20. Mr. Browne 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 range.
- F3These shares are held by the Dan and Brenda Browne Living Trust. Mr. Browne is a Trustee of the Dan and Brenda Browne Living Trust.
- F4The Option is fully vested as of January 1, 2014.