SEC Form 4 · accession 0001250853-15-000019

IOVANCE BIOTHERAPEUTICS, INC. · IOVA

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Director

Period of report

Dec 16, 2014

Accepted (ET)

Jan 29, 2015 · 6:36 pm EST

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001425205

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock^F1,F2	Dec 16, 2014	A	25,000	$0.00	A	25,000	I	Herbert Hillsberg Revocable Trust
Common Stock^F1,F3,F2	Jan 28, 2015	J	25,000	$0.00	D	0	I	Herbert Hillsberg Revocable Trust
Common Stock	holding	—	—		—	269,000	I	Family Trust

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Warrant^F1,F2	$2.50	Dec 16, 2014	A	25,000	A	Nov 5, 2013	Nov 5, 2018	Common Stock	25,000	25,000	I
Warrant^F1,F3,F2	$2.50	Jan 28, 2015	J	25,000	D	Nov 5, 2013	Nov 5, 2018	Common Stock	25,000	0	I

F1These securities were acquired by Herbert Hillsberg in 2013. Following Herbert Hillsberg's death, the securities were transferred from the Estate of Herbert Hillsberg into the Herbert Hillsberg Revocable Trust on December 16, 2014. Sanford J. Hillsberg is one of four trustees of the Herbert Hillsberg Trust. However, as a contingent beneficiary, Sanford Hillsberg had no right to receive these securities or their proceeds, but depending upon the order of family survivorship and residual proceeds, could be entitled in the future to receive up to 33-1/3% of these securities or proceeds. The reporting person disclaims beneficial ownership of the securities held by the Herbert Hillsberg Revocable Trust except to the extent of his contingent pecuniary interest in these securities.
F2These securities were acquired by Herbert Hillsberg in an offering by the Issuer of common stock and warrants whereby a purchase of each share of common stock included a warrant exercisable for one share of common stock at $2.50 per share.
F3On January 28, 2015, the four trustees of the Herbert Hillsberg Revocable Trust caused the trust to distribute all of these securities to Herbert Hillsberg's widow.