SEC Form 4 · accession 0001596771-16-000145
MetaVia Inc. · MTVA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mina Sooch
Officer — President & CEO · Director · 10% Owner
Period of report
Aug 4, 2016
Accepted (ET)
Aug 8, 2016 · 4:56 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001638287
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F1,F2 | $10.00 | Aug 4, 2016 | A | 360,000 | A | — | Aug 3, 2026 | Common Stock | 360,000 | 360,000 | D |
Explanation of responses
- F1360,000 of the shares underlying the option award vest immediately on the date of the grant, 120,000 shares underlying the option award are earned upon the initiation of the Company's first clinical trial and 120,000 shares underlying the option award are earned upon the initiation of the Company's second clinical trial.
- F2The option vests in 48 equal consecutive monthly increments, so that all of the shares will be vested on the fourth anniversary of the date of grant.