SEC Form 4 · accession 0001209191-16-137390
Kite Pharma, Inc. · KITE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Helen Susan Kim
Officer — EVP, Business Development
Period of report
May 19, 2015
Accepted (ET)
Aug 16, 2016 · 8:16 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 Stock | Aug 12, 2016 | M | 33,500 | $51.43 | A | 42,500 | D | |
| Common StockF2 | Aug 12, 2016 | S | 33,500 | $60.0775 | D | 9,000 | D | |
| Common Stock | Aug 15, 2016 | M | 2,400 | $51.43 | A | 11,400 | D | |
| Common StockF3 | Aug 15, 2016 | S | 2,400 | $63.012 | D | 9,000 | 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)F4 | $51.43 | May 19, 2015 | A | 120,000 | A | — | May 18, 2025 | Common Stock | 120,000 | 120,000 | D |
| Employee Stock Option (Right to Buy)F4 | $51.43 | Aug 12, 2016 | M | 33,500 | D | — | May 18, 2025 | Common Stock | 33,500 | 86,500 | D |
| Employee Stock Option (Right to Buy)F4 | $51.43 | Aug 15, 2016 | M | 2,400 | D | — | May 18, 2025 | Common Stock | 2,400 | 84,100 | D |
Explanation of responses
- F1The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 7, 2016.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $60.00 to $60.24 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 set forth above.
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $63.00 to $63.07, 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 set forth above.
- F425% of the 120,000 shares subject to the stock option vested and became exercisable on November 10, 2015, and the remaining shares subject to the stock option vest and become exercisable in 36 equal monthly installments thereafter.