SEC Form 4 · accession 0001209191-18-021609
XBiotech Inc. · XBIT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Queena Han
Officer — VP Finance & HR
Period of report
Mar 21, 2018
Accepted (ET)
Mar 26, 2018 · 3:39 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001626878
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Mar 21, 2018 | M | 9,599 | $2.50 | A | 9,599 | D | |
| Common StockF1 | Mar 21, 2018 | S | 9,599 | $4.4783 | D | 0 | D | |
| Common Stock | Mar 22, 2018 | M | 62,200 | $2.50 | A | 62,200 | D | |
| Common StockF2 | Mar 22, 2018 | S | 62,200 | $4.7614 | D | 0 | D | |
| Common Stock | Mar 23, 2018 | M | 8,201 | $2.50 | A | 8,201 | D | |
| Common Stock | Mar 23, 2018 | S | 8,201 | $4.75 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock options | $2.50 | Mar 21, 2018 | M | 9,599 | D | Apr 22, 2009 | Apr 23, 2018 | Common Stocks | 9,599 | 0 | D |
| Stock options | $2.50 | Mar 22, 2018 | M | 62,200 | D | Apr 22, 2009 | Apr 23, 2018 | Common Stock | 62,200 | 0 | D |
| Stock options | $2.50 | Mar 23, 2018 | M | 8,201 | D | Apr 22, 2009 | Apr 23, 2018 | Common Stock | 8,201 | 0 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.75 to $4.85, inclusive. The reporting person undertakes to provide to XBIT, any security holder of XBIT, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.75 to $4.77, inclusive. The reporting person undertakes to provide to XBIT, any security holder of XBIT, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
Remarks
As reflected in this Form 4, the Reporting Person exercised and sold 80,000 stock options on the open market due to the stock options expiring on April 23, 2018.