SEC Form 4 · accession 0001209191-15-039112
Kite Pharma, Inc. · KITE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Marc Better
Officer — VP, Product Sciences
Period of report
May 1, 2015
Accepted (ET)
May 5, 2015 · 8:28 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001510580
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | May 1, 2015 | M | 9,000 | $0.38 | A | 10,017 | D | |
| Common StockF3 | May 1, 2015 | S | 4,156 | $50.10 | D | 5,861 | D | |
| Common StockF4 | May 1, 2015 | S | 3,616 | $51.00 | D | 2,245 | D | |
| Common StockF5 | May 1, 2015 | S | 1,228 | $51.97 | D | 1,017 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F6,F7 | $0.38 | May 1, 2015 | M | 9,000 | D | — | Jan 15, 2023 | Common Stock | 9,000 | 141,000 | D |
Explanation of responses
- F1Includes 1,017 shares acquired under the 2014 Employee Stock Purchase Plan on February 20, 2015.
- F2The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 31, 2015.
- F3The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $49.65 to $50.64, 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 purchased at each separate price within the range set forth above.
- F4The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $50.68 to $51.64, 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 purchased at each separate price within the range set forth above.
- F5The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $51.70 to $52.65, 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 purchased at each separate price within the range set forth above.
- F625% of the shares subject to the stock option vested and became exercisable on January 1, 2014, and the remaining shares subject to the stock option vest and become exercisable in 36 equal monthly installments thereafter.
- F7The expiration date was incorrectly referenced as December 31, 2023 in the reporting person's Form 3 filed on June 19, 2014.