SEC Form 4 · accession 0001209191-17-061621
Atara Biotherapeutics, Inc. · ATRA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gad Soffer
Officer — EVP & Chief Strategy Officer
Period of report
Nov 15, 2017
Accepted (ET)
Nov 17, 2017 · 6:49 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001604464
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Nov 15, 2017 | M | 4,146 | $0.00 | A | 263,236 | D | |
| Common Stock | Nov 17, 2017 | S | 7,000 | $15.00 | D | 256,236 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF3,F4,F5 | — | Nov 15, 2017 | M | 4,146 | D | — | — | Common Stock | 4,146 | 2,764 | D |
Explanation of responses
- F1Shares issued upon settlement of vested restricted stock units ("RSUs").
- F2Transaction pursuant to Rule 10b5-1 Plan adopted September 26, 2016.
- F3Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock or a cash settlement.
- F4The RSUs were granted with both (a) a liquidity event-based vesting condition and (b) a service-based vesting condition, both of which conditions must be satisfied in order for the RSUs to vest. The liquidity event-based condition was satisfied upon the closing of the Issuer's initial public offering (the "IPO"). The shares that vested on the closing date of the IPO, and the shares that vested thereafter through May 15, 2015, were settled on May 15, 2015. The service-based vesting condition provides that 1/48th of the total number of shares shall vest monthly from January 10, 2014, subject to the holder's continuous service through each such date.
- F5The earlier of (i) January 10, 2021 or (ii) the recipient's termination date.