LAWRENCE PETER S (President and COO) exercised options at ARQULE INC

Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.

M · 5 exercises

LAWRENCE PETER S

Filed: 12/20/2019ACC: 0001104659-19-074988

InsiderLAWRENCE PETER SCIK 1359575

→

IssuerARQULE INCCIK 1019695

Officer· President and COO

Since Jul 2018

-273.52K

Net shares

Net seller

$5.50M

Total sold

Open market trades

0B · 0S

Total transactions

495.75K acquired · 769.27K disposed

Non-Derivative Transactions6

Common Stock

Direct

M · Option Exercise

+115.38K

Price / share

$3.42

Trade value

$394.60K

% of position

124.9%

12/18/2019

92.36K→207.74K

Common Stock

Direct

M · Option Exercise

+135.17K

Price / share

$7.95

Trade value

$1.07M

% of position

65.1%

12/18/2019

207.74K→342.92K

Common Stock

Direct

M · Option Exercise

+115.08K

Price / share

$6.70

Trade value

$771K

% of position

33.6%

12/18/2019

342.82K→457.90K

Common Stock

Direct

M · Option Exercise

+92.62K

Price / share

$2.51

Trade value

$232.48K

% of position

20.2%

12/18/2019

457.99K→550.61K

Common Stock

Direct

M · Option Exercise

+37.50K

Price / share

$1.16

Trade value

$43.50K

% of position

6.8%

12/18/2019

550.61K→588.11K

Common Stock

Direct

F · Tax Withholding

−273.52K

Price / share

$20.11

Trade value

$5.50M

% of position

46.5%

12/18/2019

588.11K→314.59K

Total

Net shares

+222.23K

Net value

-$2.98M

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	12/18/2019	M · Option Exercise	+115.38K	$3.42	$394.60K	124.9%	92.36K	207.74K
Common Stock Direct	12/18/2019	M · Option Exercise	+135.17K	$7.95	$1.07M	65.1%	207.74K	342.92K
Common Stock Direct	12/18/2019	M · Option Exercise	+115.08K	$6.70	$771K	33.6%	342.82K	457.90K
Common Stock Direct	12/18/2019	M · Option Exercise	+92.62K	$2.51	$232.48K	20.2%	457.99K	550.61K
Common Stock Direct	12/18/2019	M · Option Exercise	+37.50K	$1.16	$43.50K	6.8%	550.61K	588.11K
Common Stock Direct	12/18/2019	F · Tax Withholding	−273.52K	$20.11	$5.50M	46.5%	588.11K	314.59K
Total			+222.23K		-$2.98M

Derivative Transactions5

Stock Options (Right to Buy)

Direct

M · Option Exercise

Converts to

Common Stock

115.38K shares

−115.38K

Strike price

3.42

Held after

0.00

Exercisable

—

12/18/2019

Stock Options (Right to Buy)

Direct

M · Option Exercise

Converts to

Common Stock

135.17K shares

−135.17K

Strike price

7.95

Held after

0.00

Exercisable

—

12/18/2019

Stock Options (Right to Buy)

Direct

M · Option Exercise

Converts to

Common Stock

115.08K shares

−115.08K

Strike price

6.70

Held after

0.00

Exercisable

—

12/18/2019

Stock Options (Right to Buy)

Direct

M · Option Exercise

Converts to

Common Stock

92.62K shares

−92.62K

Strike price

2.51

Held after

0.00

Exercisable

—

12/18/2019

Stock Options (Right to Buy)

Direct

M · Option Exercise

Converts to

Common Stock

37.50K shares

−37.50K

Strike price

1.16

Held after

0.00

Exercisable

—

12/18/2019

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable
Stock Options (Right to Buy) Direct	Common Stock115.38K shares	12/18/2019	M · Option Exercise	−115.38K	3.42	—
Stock Options (Right to Buy) Direct	Common Stock135.17K shares	12/18/2019	M · Option Exercise	−135.17K	7.95	—
Stock Options (Right to Buy) Direct	Common Stock115.08K shares	12/18/2019	M · Option Exercise	−115.08K	6.70	—
Stock Options (Right to Buy) Direct	Common Stock92.62K shares	12/18/2019	M · Option Exercise	−92.62K	2.51	—
Stock Options (Right to Buy) Direct	Common Stock37.50K shares	12/18/2019	M · Option Exercise	−37.50K	1.16	—