0001415889-23-010965.txt : 20230707 0001415889-23-010965.hdr.sgml : 20230707 20230707180006 ACCESSION NUMBER: 0001415889-23-010965 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230705 FILED AS OF DATE: 20230707 DATE AS OF CHANGE: 20230707 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: NIVEN RALPH CENTRAL INDEX KEY: 0001168060 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-40544 FILM NUMBER: 231077861 MAIL ADDRESS: STREET 1: C/O AEROVATE THERAPEUTICS, INC. STREET 2: 200 BERKELEY STREET, FLOOR 18 CITY: BOSTON STATE: MA ZIP: 02116 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Aerovate Therapeutics, Inc. CENTRAL INDEX KEY: 0001798749 STANDARD INDUSTRIAL CLASSIFICATION: PHARMACEUTICAL PREPARATIONS [2834] IRS NUMBER: 831377888 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 930 WINTER STREET STREET 2: SUITE M-500 CITY: WALTHAM STATE: MA ZIP: 02451 BUSINESS PHONE: 617-443-2400 MAIL ADDRESS: STREET 1: 930 WINTER STREET STREET 2: SUITE M-500 CITY: WALTHAM STATE: MA ZIP: 02451 4 1 form4-07072023_060701.xml X0407 4 2023-07-05 0001798749 Aerovate Therapeutics, Inc. AVTE 0001168060 NIVEN RALPH C/O AEROVATE THERAPEUTICS, INC. 930 WINTER STREET, SUITE M-500 WALTHAM MA 02451 false true false false CHIEF SCIENTIFIC OFFICER 1 Common Stock 2023-07-05 4 M 0 650 1.74 A 2259 D Common Stock 2023-07-05 4 M 0 1600 2.14 A 3859 D Common Stock 2023-07-05 4 S 0 2031 17.2337 D 1828 D Common Stock 2023-07-05 4 S 0 219 17.8686 D 1609 D Stock Option (Right to Buy) 1.74 2023-07-05 4 M 0 450 0 D 2030-09-03 Common Stock 450 18708 D Stock Option (Right to Buy) 1.74 2023-07-05 4 M 0 200 0 D 2030-09-03 Common Stock 200 12088 D Stock Option (Right to Buy) 2.14 2023-07-05 4 M 0 200 0 D 2031-04-01 Common Stock 200 13894 D Stock Option (Right to Buy) 2.14 2023-07-05 4 M 0 650 0 D 2031-04-01 Common Stock 650 42108 D Stock Option (Right to Buy) 2.14 2023-07-05 4 M 0 750 0 D 2031-04-01 Common Stock 750 50732 D This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on July 6, 2022. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $16.68 to $17.635, inclusive. Full information regarding the number of shares sold at each separate price can be furnished to the SEC staff upon request. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $17.84 to $18.17, inclusive. Full information regarding the number of shares sold at each separate price can be furnished to the SEC staff upon request. A total of 24,108 shares subject to an employee stock option were granted on September 4, 2020, with 25% of this option vested on August 1, 2021, and the remainder vesting in 36 substantially equal monthly installments thereafter. A total of 14,488 shares subject to an employee stock option were granted on September 4, 2020, with 25% of this option vested on June 1, 2021, and the remainder vesting in 36 substantially equal monthly installments thereafter. A total of 16,294 shares subject to an employee stock option were granted on April 2, 2021, with options vesting in 48 equal monthly installments, with the first installment vested on May 2, 2021. A total of 49,908 shares subject to an employee stock option were granted on April 2, 2021, with options vesting in 48 equal monthly installments, with the first installment vested on July 4, 2021. A total of 59,732 shares subject to an employee stock option were granted on April 2, 2021, with options vesting in 48 equal monthly installments, with the first installment vested on July 4, 2021. /s/ George A. Eldridge, Attorney-in-Fact 2023-07-07