NUSSBAUM RAN reported 5 transactions at ARQULE INC

Review the transaction codes below to understand the nature of each event.

NUSSBAUM RAN

Filed: 1/16/2020ACC: 0001104659-20-004728

InsiderNUSSBAUM RANCIK 1609805

→

IssuerARQULE INCCIK 1019695

Director

Since Jul 2018

-8.83M

Net shares

Net seller

$174.90M

Total sold

Open market trades

0B · 0S

Total transactions

8.83M disposed

Non-Derivative Transactions5

Common Stock

Indirect

U · U

−2.32M

Price / share

$20.00

Trade value

$46.40M

% of position

New position

1/16/2020

2.32M→0.00

Common Stock

Indirect

U · U

−4.29M

Price / share

$20.00

Trade value

$85.81M

% of position

New position

1/16/2020

4.29M→0.00

Common Stock

Indirect

U · U

−2.09M

Price / share

$20.00

Trade value

$41.78M

% of position

New position

1/16/2020

2.09M→0.00

Common Stock

Indirect

U · U

−36.92K

Price / share

$20.00

Trade value

$738.46K

% of position

New position

1/16/2020

36.92K→0.00

Common Stock

Indirect

U · U

−8.61K

Price / share

$20.00

Trade value

$172.22K

% of position

New position

1/16/2020

8.61K→0.00

Total

Net shares

−8.74M

Net value

-$174.90M

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Indirect	1/16/2020	U · U	−2.32M	$20.00	$46.40M	New position	2.32M	0.00
Common Stock Indirect	1/16/2020	U · U	−4.29M	$20.00	$85.81M	New position	4.29M	0.00
Common Stock Indirect	1/16/2020	U · U	−2.09M	$20.00	$41.78M	New position	2.09M	0.00
Common Stock Indirect	1/16/2020	U · U	−36.92K	$20.00	$738.46K	New position	36.92K	0.00
Common Stock Indirect	1/16/2020	U · U	−8.61K	$20.00	$172.22K	New position	8.61K	0.00
Total			−8.74M		-$174.90M

Derivative Transactions3

Stock Option (Right to Buy)

Direct

D · Disposition

Converts to

Common Stock

30K shares

−30K

Strike price

1.10

Held after

0.00

Exercisable

—

1/16/2020

Stock Option (Right to Buy)

Direct

D · Disposition

Converts to

Common Stock

20K shares

−20K

Strike price

2.48

Held after

0.00

Exercisable

—

1/16/2020

Stock Option (Right to Buy)

Direct

D · Disposition

Converts to

Common Stock

40K shares

−40K

Strike price

6.21

Held after

0.00

Exercisable

—

1/16/2020

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable
Stock Option (Right to Buy) Direct	Common Stock30K shares	1/16/2020	D · Disposition	−30K	1.10	—
Stock Option (Right to Buy) Direct	Common Stock20K shares	1/16/2020	D · Disposition	−20K	2.48	—
Stock Option (Right to Buy) Direct	Common Stock40K shares	1/16/2020	D · Disposition	−40K	6.21	—