SEC Form 4 · accession 0000899243-15-009261
Baxalta Inc · BXLT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John A. McCoy
Officer — SVP and Controller
Period of report
Dec 1, 2015
Accepted (ET)
Dec 3, 2015 · 6:10 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001620546
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F1,F2 | $34.63 | Dec 1, 2015 | A | 63,406 | A | — | Dec 1, 2025 | Common Stock, par value $0.01 per share | 63,406 | 63,406 | D |
Explanation of responses
- F1Represents options to purchase shares of Baxalta Incorporated ("Baxalta") common stock granted to the reporting person pursuant to the Baxalta Incorporated 2015 Incentive Plan.
- F2This award vests based on the achievement of performance goals. This award will vest on 12/31/2017 (the "Vesting Date"), provided that: 1) the closing price for Baxalta common stock as quoted on the New York Stock Exchange equals or exceeds $50.00 per share for a period of twenty consecutive trading days that ends on or before the Vesting Date and 2) that the reporting person is actively employed on the Vesting Date, and has maintained satisfactory performance through the Vesting Date. All options subject to this award that have not vested on the Vesting Date shall be forfeited.