SEC Form 4 · accession 0001209191-18-055586
CRESCENT BIOPHARMA, INC. · CBIO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John L. Magnani
Officer — SVP of Research, CSO · Director
Period of report
Oct 16, 2018
Accepted (ET)
Oct 18, 2018 · 5:36 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001253689
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2 | Oct 16, 2018 | S | 14,200 | $14.01 | D | 86,593 | D | |
| Common StockF3 | Oct 17, 2018 | S | 7,273 | $14.00 | D | 79,320 | D | |
| Common StockF2 | Oct 18, 2018 | S | 3,527 | $14.02 | D | 75,793 | D | |
| Common StockF4 | holding | — | — | — | 4,845 | I | By GlycoTech Corporation |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The sales reported in this Form 4 were effected pursuant to a Rule 10b-5 trading plan adopted by the reporting person on September 21, 2018.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.00 to $14.04, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.00 to $14.01, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.
- F4These shares are held by GlycoTech Corporation, of which the reporting person is the sole stockholder.