SEC Form 4 · accession 0000899243-16-022824
Sesen Bio, Inc. · SESN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
Joseph Lewis
10% Owner
Boxer Asset Management Inc.
10% Owner
Boxer Capital, LLC
10% Owner
MVA Investors, LLC
10% Owner
Period of report
Jun 13, 2016
Accepted (ET)
Jun 14, 2016 · 5:24 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001485003
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF3,F1 | Jun 13, 2016 | S | 864,860 | $2.7441 | D | 1,390,712 | D | |
| Common StockF3,F2 | Jun 13, 2016 | S | 177,140 | $2.7441 | D | 297,860 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These securities are owned directly by Boxer Capital, LLC ("Boxer Capital"), which may be deemed to be a member of a "group" for purposes of Section 13(d) of the Securities Exchange Act of 1934, as amended, consisting of (i) Boxer Capital, (ii) Boxer Asset Management Inc. ("Boxer Management"), (iii) MVA Investors, LLC ("MVA Investors") and (iv) Joseph C. Lewis (collectively, the "Boxer Group"), and indirectly by Boxer Management and Mr. Lewis, by virtue of their ownership in Boxer Capital.
- F2These securities are owned directly and solely by MVA Investors, which has sole voting and dispositive power with respect to these securities. Each member of the Boxer Group other than MVA Investors disclaims beneficial ownership of these securities to the extent it or he does not have a pecuniary interest therein.
- F3Reflects the weighted average sale price. The reporting person effected multiple same-way open market sale transactions on the same day at different prices through a trade order executed by a broker dealer. The reporting person reported on a single line all such transactions that occurred within a one dollar price range. The reporting person hereby undertakes to provide upon request by the Securities and Exchange Commission staff, the issuer, or a shareholder of the issuer, full information regarding the number of shares sold at each separate price. The range of prices for such transaction is $2.8778 to $2.3633.