SEC Form 4 · accession 0001209191-18-063802
Aclaris Therapeutics, Inc. · ACRS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brett Fair
Officer — Chief Commercial Officer
Period of report
Dec 18, 2018
Accepted (ET)
Dec 21, 2018 · 7:31 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001557746
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Dec 18, 2018 | M | 1,750 | — | A | 8,513 | D | |
| Common Stock | Dec 18, 2018 | F | 498 | $6.30 | D | 8,015 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F3 | — | Dec 18, 2018 | M | 1,750 | D | — | — | Common Stock | 1,750 | 1,750 | D |
Explanation of responses
- F1Restricted stock units convert into common stock on a one-for-one basis.
- F2The transaction reported represents the withholding of shares by the issuer to satisfy the reporting person's tax withholding obligations in connection with the vesting and settlement of the restricted stock units being reported in this Form 4.
- F3The shares underlying these restricted stock units vest in two equal annual installments on December 18, 2018 and December 18, 2019, subject to the reporting person's continuous service with the issuer as of the applicable vesting date.