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Insider Trading Arrangements
 3 Months Ended
Sep. 30, 2023
shares
Trading Arrangements, by Individual  
Material Terms of Trading Arrangement

Rule 10b5-1 Trading Arrangements

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On September 15, 2023, Jesper Christensen, our Chief Commercial Officer adopted a Rule 10b5-1 sales plan (a “10b5-1 Plan”). Subsequently, on September 16, 2023, John C. Wobensmith, our Chief Executive Officer and President, and Peter Allen, our Chief Financial Officer also adopted 10b5-1 Plans. The 10b5-1 Plans are intended to satisfy the affirmative defense of Rule 10b5-1(c) under the Exchange Act. The 10b5-1 Plans provide for the sale of a portion of the number of shares of our common stock that may be issuable in settlement of RSUs and PRSUs previously awarded to these executive officers in order to satisfy such executive officers’ related tax obligations. The maximum number of shares of our common stock that may be sold under the 10b5-1 Plans are 154,295 for Mr. Wobensmith, 36,120 for Mr. Allen, and 63,320 for Mr. Christensen. Each 10b5-1 Plan terminates on the earliest of August 23, 2028, completion of the sale of the foregoing shares of common stock according to the terms of the plan, and the relevant officer’s termination of the plan.

Jesper Christensen  
Trading Arrangements, by Individual  
Name Jesper Christensen
Title Chief Commercial Officer
Rule 10b5-1 Arrangement Adopted true
Adoption Date September 15, 2023
Aggregate Available 63,320
John C. Wobensmith  
Trading Arrangements, by Individual  
Name John C. Wobensmith
Title Chief Executive Officer and President
Rule 10b5-1 Arrangement Adopted true
Adoption Date September 16, 2023
Aggregate Available 154,295
Peter Allen  
Trading Arrangements, by Individual  
Name Peter Allen
Title Chief Financial Officer
Rule 10b5-1 Arrangement Adopted true
Adoption Date September 16, 2023
Aggregate Available 36,120