Filing Details

Accession Number:
0001209191-23-043255
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-07-24 18:47:54
Reporting Period:
2023-07-24
Accepted Time:
2023-07-24 18:47:54
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1660334 Verrica Pharmaceuticals Inc. VRCA () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1494695 B Paul Manning 200 Garrett Street, Suite S
Charlottesville VA 22902
Yes No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2023-07-24 200,000 $5.02 7,851,128 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 6,000,000 Indirect By PBM 2022 Grantor Retained Annuity Trust
Common Stock 1,481,719 Indirect See footnote
Common Stock 256,634 Indirect See footnote
Footnotes
  1. The price reported is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $4.75 to $5.26, 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 purchased at each separate pricewithin the range set forth in this footnote.
  2. Reflects the Reporting Person's contribution of shares into the PBM 2022 Grantor Retained Annuity Trust. This transfer of shares constitutes a change in the form of beneficial ownership and was exempt from reporting.
  3. The shares are held by Mr. Manning jointly with his spouse.
  4. The shares are held directly by BKB Growth Investments, LLC ("BKB"). The Reporting Person is a co-manager of the manager of BKB and has shared voting and investment power with respect to the shares held by BKB.
  5. The shares are held directly by PBM Capital Investments, LLC ("PBMCI"). The Reporting Person is CEO of PBMCI and has sole voting and investment power with respect to the shares held by PBMCI.