SEC Form 4 · accession 0001209191-15-039690
Tobira Therapeutics, Inc. · TBRA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Helen Jenkins
Officer — Chief Operating Officer
Period of report
May 4, 2015
Accepted (ET)
May 6, 2015 · 9:30 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001311596
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 Options (right to buy)F1,F2 | $3.51 | May 4, 2015 | A | 29,548 | A | — | Sep 28, 2021 | Common Stock | 29,548 | 29,548 | D |
| Stock Options (right to buy)F1,F3 | $3.51 | May 4, 2015 | A | 16,311 | A | — | Feb 6, 2023 | Common Stock | 16,311 | 45,859 | D |
| Stock Options (right to buy)F1,F4 | $4.81 | May 4, 2015 | A | 29,841 | A | — | Apr 27, 2024 | Common Stock | 29,841 | 75,700 | D |
Explanation of responses
- F1Reporting Person received such stock option in exchange for a stock option to purchase Tobira Therapeutics, Inc. ("Tobira") common stock in connection with the merger of Tobira into Issuer (the "Merger"). Pursuant to the terms of the Merger agreement each Tobira stock option assumed will be determined by multiplying the number of options by the exchange ratio of 1.43 and rounding down to the nearest whole number.
- F227,701 shares are vested and exercisable at any time. The remaining 1,847 shares will vest ratably over the next 3 months of continuous service beginning on June 3, 2015, subject to the terms of the Issuer's 2010 Stock Plan.
- F3The shares are fully vested and exercisable at any time.
- F48,081 shares are vested and exercisable at any time. The remaining 21,760 shares will vest ratably over the next 35 months of continuous service beginning on May 11, 2015, subject to the terms of the Issuer's 2010 Stock Plan.