SEC Form 4 · accession 0001567619-18-002678
Loxo Oncology, Inc. · LOXO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jennifer Burstein
Officer — Senior VP of Finance
Period of report
Sep 12, 2018
Accepted (ET)
Sep 14, 2018 · 6:19 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001581720
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Sep 12, 2018 | M | 1,250 | $11.35 | A | 1,250 | D | |
| Common StockF2,F3 | Sep 12, 2018 | S | 550 | $166.1391 | D | 700 | D | |
| Common StockF2,F4 | Sep 12, 2018 | S | 200 | $167.25 | D | 500 | D | |
| Common StockF2,F5 | Sep 12, 2018 | S | 200 | $168.785 | D | 300 | D | |
| Common StockF2,F6 | Sep 12, 2018 | S | 300 | $170.95 | D | 0 | D | |
| Common Stock | Sep 13, 2018 | M | 1,250 | $11.35 | A | 1,250 | D | |
| Common StockF2,F7 | Sep 13, 2018 | S | 750 | $165.5267 | D | 500 | D | |
| Common StockF2,F8 | Sep 13, 2018 | S | 500 | $166.756 | D | 0 | 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)F9 | $11.35 | Sep 12, 2018 | M | 1,250 | D | — | Apr 30, 2025 | Common Stock | 1,250 | 26,250 | D |
| Employee Stock Option (Right to Buy)F9 | $11.35 | Sep 13, 2018 | M | 1,250 | D | — | Apr 30, 2025 | Common Stock | 1,250 | 25,000 | D |
Explanation of responses
- F1The transactions reported on this Form 4 were effected pursuant to a 10b5-1 trading plan adopted by the reporting person.
- F2Represents the aggregate of sales effected on the same day at different prices.
- F3The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $165.63 to $166.6299 per share, 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 written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F4The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $167.25 to $168.2499 per share, 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 written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F5The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $168.78 to $169.7799 per share, 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 written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F6The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $170.90 to $171.8999 per share, 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 written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F7The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $165.12 to $166.1199 per share, 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 written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F8The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $166.56 to $167.5599 per share, 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 written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F9The stock option vests and becomes exercisable as to 25% of the shares subject to the option on the one-year anniversary of the Reporting Person's employment commencement date, and thereafter vests as to 1/48th of the shares in equal monthly installments.