SEC Form 4 · accession 0001144204-16-110220
Molecular Templates, Inc. · MTEM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Dave Hoffmann
Director
Period of report
Jun 24, 2016
Accepted (ET)
Jun 28, 2016 · 3:33 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 | $0.38 | Jun 24, 2016 | A | 35,000 | A | — | Jun 24, 2026 | Common Stock | 35,000 | 35,000 | D |
Explanation of responses
- F1The option vests in accordance with the following schedule: (a) 8.3333% of the shares subject to this option shall vest on each monthly anniversary of the date of grant of June 24, 2016 for the first 11 months and (b) the remaining shares subject to this option shall vest on the date of the Issuer's 2017 Annual Meeting of Stockholders.