SEC Form 4 · accession 0001638599-16-000777
Mirati Therapeutics, Inc. · MRTX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
Julian Baker
10% Owner
Felix Baker
10% Owner
BAKER BROS. ADVISORS LP
10% Owner
Baker Bros. Advisors (GP) LLC
10% Owner
Period of report
Mar 30, 2016
Accepted (ET)
Apr 1, 2016 · 4:22 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001576263
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF4,F2 | Mar 30, 2016 | X | 137 | $6.74 | A | 137 | D | |
| Common StockF4,F3 | Mar 30, 2016 | X | 137 | $6.74 | A | 137 | D | |
| Common StockF4,F5,F7,F8 | Mar 30, 2016 | X | 310,003 | $6.74 | A | 3,054,055 | I | See Footnotes |
| Common StockF4,F6,F7,F8 | Mar 30, 2016 | X | 3,479 | $6.74 | A | 43,787 | I | See Footnotes |
| Common StockF1,F7,F8 | holding | — | — | — | 170,714 | I | See Footnotes |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock Warrants (right to buy)F4 | $6.74 | Mar 30, 2016 | X | 137 | D | Apr 4, 2011 | Apr 4, 2016 | Common Stock | 137 | 0 | D |
| Common Stock Warrants (right to buy)F4 | $6.74 | Mar 30, 2016 | X | 137 | D | Apr 4, 2011 | Apr 4, 2016 | Common Stock | 137 | 0 | D |
| Common Stock Warrants (right to buy)F4,F7,F8 | $6.74 | Mar 30, 2016 | X | 310,003 | D | Apr 4, 2011 | Apr 4, 2016 | Common Stock | 310,003 | 0 | I |
| Common Stock Warrants (right to buy)F4,F7,F8 | $6.74 | Mar 30, 2016 | X | 3,479 | D | Apr 4, 2011 | Apr 4, 2016 | Common Stock | 3,479 | 0 | I |
Explanation of responses
- F1As a result of their ownership interest in Baker Biotech Capital (GP), LLC, Julian C. Baker and Felix J. Baker may be deemed to have an indirect pecuniary interest in 170,714 shares of Common Stock of Mirati Therapeutics, Inc. (the "Issuer") directly held by 667, L.P. ("667"), a limited partnership of which the sole general partner is Baker Biotech Capital, L.P., a limited partnership of which the sole general partner is Baker Biotech Capital (GP), LLC, due to Baker Biotech Capital, L.P.'s right to receive an allocation of a portion of the profits from 667.
- F2Represents common stock of the Issuer held directly by Julian C. Baker. The common stock was received from the exercise of warrants to purchase common stock of the Issuer which was received in an in kind pro rata distribution from an affiliated investment fund in September 2015 without consideration.
- F3Represents common stock of the Issuer held directly by Felix J. Baker. The common stock was received from the exercise of warrants to purchase common stock of the Issuer which was received in an in kind pro rata distribution from an affiliated investment fund in September 2015 without consideration.
- F4Represents the exercise of warrants for common stock of the Issuer at an exercise price of $6.74 per share.
- F5After giving effect to the transaction reported herein, and as a result of their ownership interest in Baker Brothers Life Sciences Capital (GP), LLC, Julian C. Baker and Felix J. Baker may be deemed to have an indirect pecuniary interest in the Issuer's shares of Common Stock reported in column 5 of Table I directly held by Baker Brothers Life Sciences, L.P. ("Life Sciences"), a limited partnership of which the sole general partner is Baker Brothers Life Sciences Capital, L.P., a limited partnership of which the sole general partner is Baker Brothers Life Sciences Capital (GP), LLC, due to Baker Brothers Life Sciences Capital, L.P.'s right to receive an allocation of a portion of the profits from Life Sciences.
- F6After giving effect to the transaction reported herein, and as a result of their ownership interest in 14159 Capital (GP), LLC, Julian C. Baker and Felix J. Baker may be deemed to have an indirect pecuniary interest in the Issuer's shares of Common Stock reported in column 5 of Table I directly held by 14159, L.P. ("14159" and together with Life Sciences and 667, the "Funds"), a limited partnership of which the sole general partner is 14159 Capital, L.P., a limited partnership of which the sole general partner is 14159 Capital (GP), LLC, due to 14159 Capital, L.P.'s right to receive an allocation of a portion of the profits from 14159.
- F7Baker Bros. Advisors LP (the "Adviser") serves as the Investment Adviser to the Funds. In connection with the services provided by the Adviser, the Adviser receives an asset-based management fee that does not confer any pecuniary interest in the securities held by the Funds. Baker Bros. Advisors (GP) LLC (the "Adviser GP") is the Adviser's sole general partner. Julian C. Baker and Felix J. Baker are principals of the Adviser GP. The Adviser has complete and unlimited discretion and authority with respect to the investment and voting power of the securities held by the Funds. The general partners of the Funds relinquished to the Adviser all discretion and authority with respect to the investment and voting power of the securities held by the Funds.
- F8Julian C. Baker, Felix J. Baker, the Adviser GP and the Adviser disclaim beneficial ownership of the securities held directly by the Funds except to the extent of their pecuniary interest therein, and this report shall not be deemed an admission that any of Julian C. Baker, Felix J. Baker, the Adviser GP or the Adviser is a beneficial owner of such securities for purposes of Section 16 or any other purpose.