SEC Form 4 · accession 0001225208-16-035679
Molecular Templates, Inc. · MTEM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey W Bird
Director
Period of report
Jun 24, 2016
Accepted (ET)
Jun 28, 2016 · 5:57 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)F2,F1 | $0.38 | Jun 24, 2016 | A | 35,000 | A | — | Jun 24, 2026 | Common Stock | 35,000 | 35,000 | D |
Explanation of responses
- F1The options 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 are subject to this option shall vest on the date of Issuer's 2017 Annual Meeting of Stockholders.
- F2The reporting person shares pecuniary interest in these shares with other individuals pursuant to a contractual relationship. The reporting person disclaims beneficial ownership in these shares except as to the reporting person's pecuniary interest therein.