GOURLAY STEVE enters PRINCIPIA BIOPHARMA INC. with 100.59K shares plus derivative instruments

Holding both equity and derivatives at entry signals strong long-term conviction in the company.

Direct Derivatives

GOURLAY STEVE

Filed: 9/13/2018ACC: 0001209191-18-050890

InsiderGOURLAY STEVECIK 1751884

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IssuerPRINCIPIA BIOPHARMA INC.CIK 1510487

Officer· Chief Medical Officer

Since Sep 2018

100.59K

Baseline shares

100% direct

100.59K

Direct ownership

1 position

110.13K

Derivative underlying

7 instruments

Security positions

All direct

Non-Derivative Holdings1

Common Stock

Direct

Shares owned100.59K

Total

100.59K direct100.59K

Security Title	Shares Owned	Ownership Type
Common Stock	100.59K	Direct
Total	100.59K	100.59K direct

Derivative Holdings7

Employee Stock Option (right to buy)

Direct

Underlying security

Common Stock

Underlying shares

5.14K

Shares owned

N/A

Exercise price

4.9961

Expiration

—

Exercise window

—

Employee Stock Option (right to buy)

Direct

Underlying security

Common Stock

Underlying shares

10.24K

Shares owned

N/A

Exercise price

9.0839

Expiration

—

Exercise window

—

Employee Stock Option (right to buy)

Direct

Underlying security

Common Stock

Underlying shares

44.03K

Shares owned

N/A

Exercise price

11.3549

Expiration

—

Exercise window

—

Warrant to Purchase Series B-3 Preferred Stock

Direct

Underlying security

Series B-3 Preferred Stock

Underlying shares

625.00

Shares owned

N/A

Exercise price

8.9931

Expiration

—

Exercise window

—

Employee Stock Option (right to buy)

Direct

Underlying security

Common Stock

Underlying shares

20.04K

Shares owned

N/A

Exercise price

4.7236

Expiration

—

Exercise window

—

Series B-3 Preferred Stock

Direct

Underlying security

Common Stock

Underlying shares

7.27K

Shares owned

N/A

Exercise price

0.00

Expiration

—

Exercise window

—

Employee Stock Option (right to buy)

Direct

Underlying security

Common Stock

Underlying shares

22.79K

Shares owned

N/A

Exercise price

7.2671

Expiration

—

Exercise window

—

Total

Underlying

110.13K

Owned

0.00

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Employee Stock Option (right to buy) Direct	Common Stock	4.9961	—	—	5.14K	N/A
Employee Stock Option (right to buy) Direct	Common Stock	9.0839	—	—	10.24K	N/A
Employee Stock Option (right to buy) Direct	Common Stock	11.3549	—	—	44.03K	N/A
Warrant to Purchase Series B-3 Preferred Stock Direct	Series B-3 Preferred Stock	8.9931	—	—	625.00	N/A
Employee Stock Option (right to buy) Direct	Common Stock	4.7236	—	—	20.04K	N/A
Series B-3 Preferred Stock Direct	Common Stock	0.00	—	—	7.27K	N/A
Employee Stock Option (right to buy) Direct	Common Stock	7.2671	—	—	22.79K	N/A
Total					110.13K	0.00