SEC Form 4 · accession 0001209191-17-063682
ADURO BIOTECH, INC. · ADRO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Dirk G. Brockstedt
Officer — EVP of Research and Dev.
Period of report
Dec 1, 2017
Accepted (ET)
Dec 4, 2017 · 7:59 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001435049
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Dec 1, 2017 | M | 3,956 | $0.52 | A | 77,674 | D | |
| Common Stock | Dec 1, 2017 | M | 6,044 | $0.52 | A | 83,718 | D | |
| Common StockF2 | Dec 1, 2017 | S | 10,000 | $9.3998 | D | 73,718 | D |
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)F3 | $0.52 | Dec 1, 2017 | M | 3,956 | D | — | Oct 24, 2021 | Common Stock | 3,956 | 42,000 | D |
| Stock Option (Right to Buy)F5,F4 | $0.52 | Dec 1, 2017 | M | 6,044 | D | — | Oct 24, 2021 | Common Stock | 6,044 | 55,014 | D |
Explanation of responses
- F1The sales reported in this Form 4 were affected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 12, 2017.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $9.15 to $9.50, 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 range.
- F3The shares subject to the Option became fully vested and exercisable as of April 15, 2015.
- F4The shares subject to the Option are fully vested and immediately exercisable.
- F5Since the date of the Reporting Person's last ownership report, he transferred a portion of this Option to purchase 38,529 shares of the Issuer's common stock to his ex-wife pursuant to a domestic relations order. The Reporting Person no longer reports as beneficially owned any securities owned by his ex-wife.