SEC Form 4 · accession 0000899243-17-026315
Molecular Templates, Inc. · MTEM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Adam D. Cutler
Officer — CFO and Treasurer
Period of report
Nov 13, 2017
Accepted (ET)
Nov 15, 2017 · 12:37 pm EST
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 | $8.05 | Nov 13, 2017 | A | 225,000 | A | — | Nov 13, 2027 | Common Stock | 225,000 | 225,000 | D |
Explanation of responses
- F125% of the total number of shares subject to the option shall vest on November 13, 2018, and thereafter, the remaining 75% of the shares subject to the option shall vest pro rata on a monthly basis over 36 months.