SEC Form 4 · accession 0000899243-17-024081
Molecular Templates, Inc. · MTEM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kevin M. Lalande
Director · 10% Owner
Period of report
Oct 9, 2017
Accepted (ET)
Oct 11, 2017 · 7:49 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001183765
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F1,F2 | $9.40 | Oct 9, 2017 | A | 25,000 | A | — | Oct 9, 2027 | Common Stock | 25,000 | 25,000 | D |
Explanation of responses
- F1The Reporting Person is a Managing Member of SHVMS, LLC ("SHVMS") and is obligated to transfer any shares issued under equity grants made to him by the Issuer, or the economic benefits thereof, to SHVMS.
- F250% of the total number of shares subject to the option shall vest on each of October 9, 2018 and October 9, 2019.