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Loerop James – ‘4’ for 2/1/24 re: Aclaris Therapeutics, Inc.

On:  Monday, 2/5/24, at 7:29pm ET   ·   For:  2/1/24   ·   As:  Officer   ·   Accession #:  1209191-24-2838   ·   File #:  1-37581

Previous ‘4’:  ‘4’ on / for 8/28/23   ·   Latest ‘4’:  This Filing

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  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 2/05/24  Loerop James                      4          Officer     1:16K  Aclaris Therapeutics, Inc.        DONNELLEY FIN… File16/FA

Statement of Changes in Beneficial Ownership of Securities by an Insider   —   Form 4   —   SEA’34

Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 4           Form 4 Submission -- doc4.xml/5.8                   HTML     16K


        

This ‘4’ Document is an XML Data File that may be rendered in various formats:

  Form 4    –   Plain Text   –  SEC Website  –  EDGAR System  –    XML Data    –  <?xml?> File
 
 
SEC Info℠ rendering:  Form 4 Submission
 

The SEC has not released XSLT Stylesheets needed to render this File’s XML Data as a Form.

This is our “Plain Text” rendering:
 
                                                                                                                                                                                
Ownership Document
 
Schema Version:  X0508
Document Type:  4
Period of Report:  2/1/24
Not Subject to Section 16:  0
Issuer:
Issuer CIK:  1557746
Issuer Name:  Aclaris Therapeutics, Inc.
Issuer Trading Symbol:  ACRS
Reporting Owner:
Reporting Owner ID:
Owner CIK:  1781549
Owner Name:  Loerop James
Reporting Owner Address:
Owner Street 1:  C/O ACLARIS THERAPEUTICS, INC.
Owner Street 2:  701 LEE ROAD, SUITE 103
Owner City:  WAYNE
Owner State:  PA
Owner ZIP Code:  19087
Owner State Description:
Reporting Owner Relationship:
Is Director?  No
Is Officer?  Yes
Is Ten Percent Owner?  No
Is Other?  No
Officer Title:  Chief Business Officer
Aff 10b5 One:  0
Non-Derivative Table:
Non-Derivative Transaction:
Security Title:
Value:  Common Stock
Transaction Date:
Value:  2/1/24
Deemed Execution Date:
Transaction Coding:
Transaction Form Type:  4
Transaction Code:  M
Equity Swap Involved?  No
Transaction Timeliness:
Value:
Transaction Amounts:
Transaction Shares:
Value:  11,250
Transaction Price Per Share:
Footnote ID:  F1
Transaction Acquired-Disposed Code:
Value:  A
Post-Transaction Amounts:
Shares Owned Following Transaction:
Value:  32,938
Ownership Nature:
Direct or Indirect Ownership:
Value:  D
Non-Derivative Transaction:
Security Title:
Value:  Common Stock
Transaction Date:
Value:  2/1/24
Deemed Execution Date:
Transaction Coding:
Transaction Form Type:  4
Transaction Code:  F
Equity Swap Involved?  No
Footnote ID:  F2
Transaction Timeliness:
Value:
Transaction Amounts:
Transaction Shares:
Value:  3,853
Transaction Price Per Share:
Value:  1.20
Transaction Acquired-Disposed Code:
Value:  D
Post-Transaction Amounts:
Shares Owned Following Transaction:
Value:  29,085
Ownership Nature:
Direct or Indirect Ownership:
Value:  D
Non-Derivative Transaction:
Security Title:
Value:  Common Stock
Transaction Date:
Value:  2/1/24
Deemed Execution Date:
Transaction Coding:
Transaction Form Type:  4
Transaction Code:  M
Equity Swap Involved?  No
Transaction Timeliness:
Value:
Transaction Amounts:
Transaction Shares:
Value:  7,500
Transaction Price Per Share:
Footnote ID:  F1
Transaction Acquired-Disposed Code:
Value:  A
Post-Transaction Amounts:
Shares Owned Following Transaction:
Value:  36,585
Ownership Nature:
Direct or Indirect Ownership:
Value:  D
Non-Derivative Transaction:
Security Title:
Value:  Common Stock
Transaction Date:
Value:  2/1/24
Deemed Execution Date:
Transaction Coding:
Transaction Form Type:  4
Transaction Code:  F
Equity Swap Involved?  No
Footnote ID:  F2
Transaction Timeliness:
Value:
Transaction Amounts:
Transaction Shares:
Value:  2,568
Transaction Price Per Share:
Value:  1.20
Transaction Acquired-Disposed Code:
Value:  D
Post-Transaction Amounts:
Shares Owned Following Transaction:
Value:  34,017
Ownership Nature:
Direct or Indirect Ownership:
Value:  D
Derivative Table:
Derivative Transaction:
Security Title:
Value:  Restricted Stock Units
Conversion or Exercise Price:
Footnote ID:  F1
Transaction Date:
Value:  2/1/24
Deemed Execution Date:
Transaction Coding:
Transaction Form Type:  4
Transaction Code:  M
Equity Swap Involved?  No
Transaction Timeliness:
Value:
Transaction Amounts:
Transaction Shares:
Value:  11,250
Transaction Price Per Share:
Value:  0.00
Transaction Acquired-Disposed Code:
Value:  D
Exercise Date:
Footnote ID:  F3
Expiration Date:
Footnote ID:  F3
Underlying Security:
Underlying Security Title:
Value:  Common Stock
Underlying Security Shares:
Value:  11,250
Post-Transaction Amounts:
Shares Owned Following Transaction:
Value:  22,500
Ownership Nature:
Direct or Indirect Ownership:
Value:  D
Derivative Transaction:
Security Title:
Value:  Restricted Stock Unit
Conversion or Exercise Price:
Footnote ID:  F1
Transaction Date:
Value:  2/1/24
Deemed Execution Date:
Transaction Coding:
Transaction Form Type:  4
Transaction Code:  M
Equity Swap Involved?  No
Transaction Timeliness:
Value:
Transaction Amounts:
Transaction Shares:
Value:  7,500
Transaction Price Per Share:
Value:  0.00
Transaction Acquired-Disposed Code:
Value:  D
Exercise Date:
Footnote ID:  F4
Expiration Date:
Footnote ID:  F4
Underlying Security:
Underlying Security Title:
Value:  Common Stock
Underlying Security Shares:
Value:  7,500
Post-Transaction Amounts:
Shares Owned Following Transaction:
Value:  22,500
Ownership Nature:
Direct or Indirect Ownership:
Value:  D
Derivative Transaction:
Security Title:
Value:  Employee Stock Option (Right to Buy)
Conversion or Exercise Price:
Value:  1.20
Transaction Date:
Value:  2/1/24
Deemed Execution Date:
Transaction Coding:
Transaction Form Type:  4
Transaction Code:  A
Equity Swap Involved?  No
Transaction Timeliness:
Value:
Transaction Amounts:
Transaction Shares:
Value:  206,500
Transaction Price Per Share:
Value:  0.00
Transaction Acquired-Disposed Code:
Value:  A
Exercise Date:
Footnote ID:  F5
Expiration Date:
Value:  1/31/34
Underlying Security:
Underlying Security Title:
Value:  Common Stock
Underlying Security Shares:
Value:  206,500
Post-Transaction Amounts:
Shares Owned Following Transaction:
Value:  206,500
Ownership Nature:
Direct or Indirect Ownership:
Value:  D
Derivative Transaction:
Security Title:
Value:  Restricted Stock Units
Conversion or Exercise Price:
Footnote ID:  F1
Transaction Date:
Value:  2/1/24
Deemed Execution Date:
Transaction Coding:
Transaction Form Type:  4
Transaction Code:  A
Equity Swap Involved?  No
Transaction Timeliness:
Value:
Transaction Amounts:
Transaction Shares:
Value:  59,000
Transaction Price Per Share:
Value:  0.00
Transaction Acquired-Disposed Code:
Value:  A
Exercise Date:
Footnote ID:  F6
Expiration Date:
Footnote ID:  F6
Underlying Security:
Underlying Security Title:
Value:  Common Stock
Underlying Security Shares:
Value:  59,000
Post-Transaction Amounts:
Shares Owned Following Transaction:
Value:  59,000
Ownership Nature:
Direct or Indirect Ownership:
Value:  D
Derivative Transaction:
Security Title:
Value:  Restricted Stock Units
Conversion or Exercise Price:
Footnote ID:  F1
Transaction Date:
Value:  2/1/24
Deemed Execution Date:
Transaction Coding:
Transaction Form Type:  4
Transaction Code:  A
Equity Swap Involved?  No
Transaction Timeliness:
Value:
Transaction Amounts:
Transaction Shares:
Value:  147,500
Transaction Price Per Share:
Value:  0.00
Transaction Acquired-Disposed Code:
Value:  A
Exercise Date:
Footnote ID:  F7
Expiration Date:
Footnote ID:  F7
Underlying Security:
Underlying Security Title:
Value:  Common Stock
Underlying Security Shares:
Value:  147,500
Post-Transaction Amounts:
Shares Owned Following Transaction:
Value:  147,500
Ownership Nature:
Direct or Indirect Ownership:
Value:  D
Footnotes:
Footnote - F1:  Each restricted stock unit represents a contingent right to receive one share of common stock of the issuer.
Footnote - F2:  The transaction reported represents the withholding of shares by the issuer to satisfy the Reporting Person's tax withholding obligations in connection with the vesting and settlement of restricted stock units described in this Form 4.
Footnote - F3:  The shares underlying these restricted stock units vest in four equal installments on the first, second, third and fourth anniversaries of February 1, 2022, subject to the Continuous Service (as defined in the Plan) of the Reporting Person as of each such date.
Footnote - F4:  The shares underlying these restricted stock units vest in four equal installments on the first, second, third and fourth anniversaries of February 1, 2023, subject to the Continuous Service (as defined in the Plan) of the Reporting Person as of each such date.
Footnote - F5:  Exercisable with respect to 25% of the shares subject to the option vesting in four equal installments on the first, second, third and fourth anniversaries of February 1, 2024, subject to the Continuous Service (as defined in the Plan) of the Reporting Person as of each such date.
Footnote - F6:  The shares underlying these restricted stock units vest in four equal installments on the first, second, third and fourth anniversaries of February 1, 2024, subject to the Continuous Service (as defined in the Plan) of the Reporting Person as of each such date.
Footnote - F7:  50% of the shares underlying these restricted stock units vest on each of December 31, 2024 and December 31, 2025, subject to the Continuous Service (as defined in the Plan) of the Reporting Person as of each such date.
Remarks:
Owner Signature:
Signature Name:  /s/ Mark Ballantyne, Attorney-in-Fact
Signature Date:  2/5/24


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